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Monday 3 June 2024
Foxconn AI server revenue set to surge 40% in 2024, top NT$1 trillion in 2025
Foxconn Technology is set to experience a robust 40% growth in AI server revenue for 2024.
Monday 3 June 2024
SDV turns automotive supply chain tiers into networks, Vector China says
Software has become the core of automotive innovation as the era of Software-Defined Vehicles (SDV) arrives. Dr. Zhang Rixin, CEO of Vector China, said the architecture of automotive...
Thursday 30 May 2024
US-made SUVs, Jeep cars will bear the brunt if China retaliates with tariff rise
The US Biden administration will increase the tariffs on China-made EVs from 25% to 100% on August 1. China has vowed to retaliate and could raise tariffs on cars with engines larger...
Wednesday 29 May 2024
New BYD hybrid can drive non-stop for more than 2,000 kilometers
BYD Co. unveiled a new hybrid powertrain capable of traveling more than 2,000 kilometers (1,250 miles) without recharging or refueling, intensifying the EV transition war against...
Wednesday 29 May 2024
Volkswagen will debut low-cost EV in 2027 after joint effort with Renault collapses
Volkswagen said on May 28 that it plans to roll out a low-cost EV for the European market in 2027, a move that will help it counter Chinese rivals' offense. In addition, Magna Steyr...
Tuesday 28 May 2024
China retaliates in automotive trade war with tariffs on European cars
Foreign media reports indicate that China is considering imposing a 25% tariff on large-engine fuel vehicles imported from Europe, specifically targeting cars with engines larger...
Tuesday 28 May 2024
SiC substrate prices falling in China
Abundant supply in China has domestic SiC substrate prices falling sharply since early 2024, according to industry sources.
Monday 27 May 2024
Automakers have rearranged supply chain to respond intensifying trade war
The economic conflict centering on EVs is heating up. Tesla CEO Elon Musk recently said he does not support the US tariff hike on China-made EVs. However, Tesla has rearranged its...
Monday 27 May 2024
Bolstering SDV: Q&A with Arm's APAC automotive partnership senior director Simon Teng
European, US, Japanese, and South Korean legacy automakers face challenges in developing Software-Defined Vehicles (SDV). Many have rebooted or given up their efforts.
Monday 27 May 2024
Will Chinese EV makers leverage declining sales to limit losses?
The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...
Friday 24 May 2024
Musk's xAI nears close of deal valuing startup at US$24 billion
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
Friday 24 May 2024
Foxtron eyeing global market presence
Foxtron Vehicle Technologies, an Electric Vehicle (EV) joint venture between Hon Hai Precision Industry (Foxconn) and Yulon Motor, is targeting sales in North America and Southeast...
Friday 24 May 2024
Foxtron confident in its EV competitiveness
In a reasonably competitive environment, Foxtron Vehicle Technologies enjoys an overall competitive advantage, according to company president Andy Lee.
Wednesday 22 May 2024
Huawei's automotive business unit profits in 1Q24
Five years after commencing its automotive ambition, Huawei said the unit has come out of the red. Richard Yu, Huawei's chairman of the smart car solutions business unit, recently...
Wednesday 22 May 2024
Japan vows to make 12 million software-defined vehicles by 2030
Japan is trying to catch up with the US and China in the Software-Defined Vehicle (SDV) segment.