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Tuesday 25 June 2024
BYD releases third EV in Japan as sales struggle to take off
China's BYD Co. rolled out its third electric vehicle in Japan as it tries to find traction in a market dominated by hybrids and domestic brands.
Tuesday 25 June 2024
LG and Hyundai team up for automotive electronics
Hyundai Motor Group and LG Electronics are teaming up as they shift from home appliances to automotive electronics.
Monday 24 June 2024
Chinese automakers look to live streaming to shake stuffy image
Competition in China's cutthroat car market is pushing even legacy automakers' senior executives to take up livestreaming to stoke sales.
Monday 24 June 2024
Rising business prospects for electric two-wheelers embrace high efficiency and smart features
Energy saving and carbon reduction are pivotal trends in today's automotive industry, encompassing both four-wheelers and two-wheelers. Ching-Yue Lee, senior project specialist in the Power and System Business Group at Delta Electronics, shared his insights on the impact and development trends of carbon neutrality on electric two-wheelers at the "D Forum 2024" smart vehicle forum hosted by DIGITIMES.
Monday 24 June 2024
LGES ventures into bipolar solid-state battery sector, eyeing urban air mobility applications
LG Energy Solution (LGES) has officially joined the development of semi- and all-solid-state batteries with a bipolar structure.
Friday 21 June 2024
Tesla Cybertruck deliveries delayed due to wiper issues
Tesla recently achieved a weekly production capacity of 1,300 Cybertrucks, but customers have not received their vehicles on schedule due to problems with their windshield wipers.
Friday 21 June 2024
China's EV makers got US$ 231 billion aid over 15 years, study says
China's electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle has declined, according to a new research.
Friday 21 June 2024
VinFast continues expansion despite global EV growth slowdown
Electric Vehicle (EV) manufacturer VinFast is undeterred by the global slowdown in EV growth and the company's underperformance in the US market, as it continues its expansion in Asia.
Friday 21 June 2024
Nvidia invests two advanced autonomous driving startups in 45 days
Leading GPU supplier Nvidia has been overwhelmed by orders generated by Generative AI (GenAI).
Friday 21 June 2024
Automakers navigate smartphone integration challenges
Over the past two years, international car manufacturers have been working hard to reclaim control over smart cockpit technology from smartphone platforms. Some automakers have opted out of integrating with systems like Apple CarPlay or Google's Android Auto to prevent these tech giants from dominating the future of the automotive industry.
Thursday 20 June 2024
Chinese EV makers rushing into Thai market
China-based EV makers have set a new milestone as BYD recently opened its 108th showroom in Thailand.
Wednesday 19 June 2024
Quanta's automotive sector secures four major clients with orders scheduled until 2030
Quanta's On-Board Computer (OBC) business continues to grow, becoming the company's third major pillar alongside Notebooks (NBs) and servers.
Wednesday 19 June 2024
Musk previews new models, teases surging robotics business
During Tesla's annual shareholder meeting on June 13, CEO Elon Musk announced the company will introduce three new Electric Vehicle (EV) models.
Tuesday 18 June 2024
Automotive, AI servers to drive at least 20% growth for LemTech
LemTech Holdings is projecting growth in both revenue and profit for 2024, driven by its automotive and AI server product lineup.
Tuesday 18 June 2024
BYD becomes official partner of UEFA Euro 2024
BYD has been selected as the official e-mobility partner of UEFA Euro 2024, replacing Volkswagen, signifying the increasing prominence of Chinese businesses on the international stage.
Monday 17 June 2024
Does AI scale-up distract emerging Taiwanese automotive tier-1 suppliers?
Geopolitics and the Group of Two (G2) dynamic have attracted Taiwan's ICT supply chain much attention.
Friday 14 June 2024
PurismEV leverages vehicle control to extend EV range by 40%
As most EV industry players focus on improving battery technology to mitigate range anxiety, PurismEV has found an alternative. The Taiwan-based startup targets vehicle control. Its AI Energy Efficiency System can boost an electric two-wheeler's range by 40%.
Thursday 13 June 2024
China EV makers have room to absorb EU tariffs, find new markets
Chinese electric carmakers may be crying foul over the European Union's imposition of additional tariffs, but they have several options to keep growing, including shifting production to the continent and using fat profit margins to absorb some of the hit.
Thursday 13 June 2024
Legacy tier-1s find themselves in tight spot as automakers transfer cost pressure
Legacy automotive tier-1 suppliers are in hot water because major automakers face fierce competition and scale back their EV investments. Carmakers continue to pressure tier-1s, saying suppliers might be kicked out of the supply chain if they cannot reduce prices as needed.
Thursday 13 June 2024
China EV price war takes its toll, fueling involution
Cut-throat pricing competition in China's Electric Vehicle (EV) market has induced heavy losses in all sectors along the value chain, triggering a blame game among major players for the severe "involution" of the automotive industry.
Wednesday 12 June 2024
European officials say China EV tariffs may be around 25%
The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European officials said.
Wednesday 12 June 2024
Chinese battery makers unfazed by US threats of sanctions
Chinese battery makers CATL and Gotion High-Tech have dismissed US congressmen's accusations that forced labor is involved in their supply chains.
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Tuesday 11 June 2024
India roundup: Foxconn Hyderabad facility to begin operation in August, says Indian official
India's electronics manufacturing and EV market will grow despite a potential slower pace after the general elections.
Friday 7 June 2024
India remains promising, challenging EV market as Modi secures third-term
Four-wheeler and two-wheeler companies will launch multiple models by 2030 in India, which has great potential in EV manufacturing and consumption. However, the unavailability of charging infrastructure, geopolitics, and other factors will continue to challenge the country's electrification ambition.
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