As daily life and industrial development rely more and more on electricity, the global demand for the construction and updating of power infrastructure has also increased significantly.

NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related industry, is seeking as much as $100 million in private debt, according to a person familiar with the matter.

Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the biggest global EV maker, is about to raise the stakes.
The Chinese manufacturer last month announced plans to introduce its Seagull hatchback in Europe next year, which offers premium features like cruise control and wireless phone charging but sells for less than $10,000 in China. Even after tariffs and modifications to meet European standards, BYD executives have pledged to sell the Seagull for less than €20,000 ($21,500) on the continent.

With its factory utilization rates reaching 70-80%, polarizer manufacturer Cheng Mei Materials Technology (CMMT) anticipates double-digit sequential revenue growth in the second quarter, driven by new orders from South Korea and China.

In an effort to position itself as more than a panel company by 2025, AUO has increased its deployment of non-display business operations, according to company chairman Paul Peng.

The time it's taking for some of China's electric car makers to pay suppliers is ballooning — a further sign of stress in the nation's increasingly cutthroat auto market.

China's homegrown automakers continue to rise as the country's economy still needs time to recover fully.

Price slashing has become increasingly common in China's automobile industry, even as the industry progresses from EVs to smart vehicles.

Demand for battery EVs has faced challenges since the second half of 2023. Sales volume has sagged this year, especially in Europe and the US, the world's second and third-largest automotive markets.

TSMC has started producing Tesla's next-generation Dojo AI training tiles with its InFO_SoW (Integrated Fan-Out System-on-Wafer) technology, aiming for a 40x increase in computing power by 2027 with a more complex wafer-level system, according to company sources.

After Tesla reported weaker-than-expected sales in the first quarter of 2024, CEO Elon Musk has taken several measures to maintain the company's leadership in the EV sector. However, these approaches seem to have achieved limited success and caused an unexpected setback.