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NEWS TAGGED VEHICLE NEWS
Tuesday 25 July 2023
India's move to lower EV subsidies offers a hint of the future
In recent years, India's EV growth has been remarkable, with more companies and products entering the market. Reports from major firms like KPMG suggest that this trend is set to...
Tuesday 25 July 2023
ZF Group and Foxconn announce partnership for passenger car chassis systems
Automotive supplier ZF Friedrichshafen AG (ZF Group) and EMS provider Hon Hai Technology Group (Foxconn) have announced a 50-50 partnership in passenger car chassis systems.
Monday 24 July 2023
Tesla is lapping Germany's automakers in the global EV race
Germany's automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.'s dominance. Instead, they're only falling further behind.
Monday 24 July 2023
China releases new measures to boost car market, lowering charging fees
The Chinese government aims to stimulate its economy by encouraging more people to buy cars, especially EVs. The country announced a series of measures on July 20, including enhancing...
Monday 24 July 2023
Thailand leads as SEA sees BEV sales grow almost 10 times from 2022
Thailand is on track to be the EV hub in Southeast Asia. According to research firm Counterpoint, Thailand accounted for 78.7% of the battery EV sales in the region in the first quarter...
Monday 24 July 2023
India reportedly rejects BYD's investment proposal to decouple from China
Amid concerns about China's investments, India reportedly rejected a US$1 billion proposal by BYD to set up an EV plant, and equity investments from China into India are expected...
Friday 21 July 2023
Audi, SAIC EV tie-up a 'coming of age' for Chinese automaking
A move by Volkswagen AG's Audi division to partner with SAIC Motor Corp. to develop electric vehicles marks a turning point in China's automotive industry from learning from foreign...
Friday 21 July 2023
China EVs with L2 autonomous driving rise by 62.2% in 1Q23, says Canalys
Latest Canalys research reveals that in the first quarter of 2023, electric passenger vehicles equipped with standard Level 2 (L2) assisted driving systems, including imports, hit...
Friday 21 July 2023
Ola Electric reportedly expects to quadruple sales despite subsidy cuts
As Ola Electric is accelerating its IPO plan, Reuters reported that the India-based electric two-wheeler (E2W) unicorn expects its revenue to quadruple in the current fiscal year...
Friday 21 July 2023
SAIC will help Audi accelerate EV development in China
Audi hopes to gain EV market share in China as its collaboration with Shanghai-based SAIC Motor grows deeper. SAIC confirmed on July 20 that the pair will further its partnership...
Thursday 20 July 2023
BYD, Li Auto smash foreign rivals during price war
China's electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts say the rally may run further thanks to a stronger...
Thursday 20 July 2023
Tesla margins decline slightly in 2Q23, poised to license FSD technology
Vehicle price reductions continued to affect Tesla's margins in the second quarter of this year while it reached record production and deliveries. At an earnings call on July 19,...
Wednesday 19 July 2023
Vietnamese EV maker to start US plant construction July 28
Vietnamese electric-vehicle maker VinFast said construction of its North Carolina factory will start July 28 as the company heads toward taking itself public in the US later this...
Wednesday 19 July 2023
Tesla reportedly taps Samsung to make Hardware 5.0 chips
As Tesla keeps enhancing its self-driving technology, the company has reportedly decided to work with Samsung Electronics on its next-generation Full Self-Driving (FSD) chips, which...
Wednesday 19 July 2023
US and Europe take different approaches when addressing China's compound semiconductor strategy
China has always hoped that, through compound semiconductors like silicon carbide (SiC) and gallium nitride (GaN), it can leapfrog Europe, the US, Japan, and Korea and break their...