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Thursday 28 March 2024
Xiaomi's $8 billion rally at stake as costly EV bet makes debut
Xiaomi Corp.'s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle Thursday, as it attempts to muscle into an unfamiliar and...
Wednesday 27 March 2024
Taiwan needs allies to compete with China in ASEAN market, says MIH CEO
With the global supply chain going regional, emerging countries in Southeast Asia and South Asia are rising to the fore. In a keynote speech at the Indo-Pacific Industry Strategy...
Wednesday 27 March 2024
US EV manufacturers watch BYD's birdie
BYD's new Seagull has caught the attention of US automakers.
Monday 25 March 2024
BYD takes on EV laggards Toyota, VW with steep China price cuts
Not content with unseating Tesla Inc. as the world's top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and...
Friday 22 March 2024
BYD raises investment in Brazil by 80%, aiming to begin operation in 2024
Chinese EV maker BYD plans to increase investment in its Brazilian plant by over 80% to accelerate construction. The factory is located in the Bahia state, northeast of Brazil, and...
Wednesday 20 March 2024
Thailand's BEV strategy adds burdens on Japanese ICE carmakers' shoulders
Thailand has implemented the 30@30 policy to seek at least 30% of the cars made to be EVs by 2030.
Wednesday 20 March 2024
Nvidia's new generative AI-focused car computer gains Chinese EV adoptions
Nvidia founder and CEO Jensen Huang announced on GTC 2024 that many companies have adopted its DRIVE Thor centralized car computer to power fleets, including new energy vehicles,...
Monday 18 March 2024
Suppliers say Chinese EVs losing momentum due to three critical issues
China-based EV makers have expanded overseas aggressively as demand slows down globally. However, automotive suppliers said the Chinese EV's momentum will likely end soon as its smart...
Thursday 14 March 2024
Status of BYD and Tesla EV competition, 2024

Introduction

Wednesday 13 March 2024
BYD, CATL, and Huawei accelerate energy storage deployment
Nvidia CEO Jensen Huang has stated that "the ultimate challenge in AI is harnessing solar energy and energy storage." The demand for energy supply and storage solutions surges as...
Tuesday 12 March 2024
Xiaomi surges most in year after setting up showdown with Tesla
Xiaomi Corp.'s shares had their biggest intraday jump in more than a year after the company announced it would start selling its long-awaited electric vehicles this month.
Monday 11 March 2024
BYD officials reportedly visit Mexican state for potential EV plant
Leading China-based EV maker BYD has reportedly sent a delegation to Jalisco, a Mexican state, to evaluate the possibility of building an EV plant there.
Monday 11 March 2024
Price reduction no longer benefits Tesla's China sales
At the beginning of 2023, Tesla cut its vehicle prices in China and ignited a price war. The company recently launched a similar sales campaign in the world's largest car market but...
Thursday 7 March 2024
Electrifying Brazil: BYD begins plant construction as Stellantis, Toyota increase investments
South America's largest economy sees growing automotive investment. China-based BYD recently started building an industrial complex for EVs in Brazil, aiming to produce 15,000 vehicles...
Wednesday 6 March 2024
BYD unveils third EV in India despite bureaucratic scrutiny
Despite obstacles in expanding the Indian market, BYD, the world's largest NEV maker by sales, unveiled the third EV in India and is waiting for local certification for its previous...
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Summary of Tech Supply Chain News!
Taiwan foundry industry revenues to slip in 1Q24 before rising in 2Q24, says DIGITIMES Research
Research Insight: Intel obtains subsidies but faces challenges
South Korea-based makers lead transparent display as China-based competitors ramp up Inkjet investments, according to DIGITIMES Research