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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
Taiwanese lighting module maker Excellence Opto beams into Mexico
Excellence Opto has major plans for expansion.
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,...
Tuesday 19 March 2024
China's Xi touts industry policy in visit to battery materials firm
President Xi Jinping visited a battery materials company in the southern Chinese city of Changsha as he seeks to promote advanced technology sectors as new pillars of the world's...
Tuesday 19 March 2024
Samsung's Harman is kitting out robo-cabs
Zoox's robot taxi meets the level 5 autonomy mark.
Tuesday 19 March 2024
Competition expected to intensify following duty reduction for imported EVs in India
India lowered the basic customs duty on imported EVs, paving the way for premium EV sellers like Tesla to enter the Indian market. Experts believe India's limited openness to foreign...
Monday 18 March 2024
Huawei to see automotive BU achieve profitability this year
Huawei's automotive business unit will likely become profitable earlier than expected. Richard Yu, chairman of Huawei's Intelligent Automotive Solutions (IAS), said on March 16 that...
Monday 18 March 2024
AGM battery expected to drive South Korean Sebang's sales
South Korea-based Sebang Global Battery, which focuses on automotive and industrial lead-acid batteries, has grown its revenue and profits as it scales up the absorbent glass mat...
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...
Monday 18 March 2024
SK Innovation puts Chinese battery subsidiary into liquidation as SK On scales
South Korea-based SK Innovation's Chinese battery subsidiary, Blue Dragon Energy, will go into liquidation as its business scope overlaps with SK On, the SK Group's rising battery...
Monday 18 March 2024
InterBattery recap: Samsung SDI will mass-produce 46-phi battery in 2025
Samsung SDI accelerates the development of a new-generation cylindrical battery 46-phi, which has a 46mm diameter. The company will begin volume production as early as 2025. The media...
Monday 18 March 2024
Foxconn highlights five growth pillars for 2024
Foxconn (Hon Hai) will see its revenue growth momentum for 2024 come from five main development axes – namely AI servers, three major smart platforms, Electrical Vehicles (EVs),...
Friday 15 March 2024
China urges EV makers to buy local chips as US clash escalates
The Chinese government has quietly asked electric vehicle makers from BYD Co. to Geely Automobile Holdings Ltd. to sharply increase their purchases from local auto chipmakers, part...
Friday 15 March 2024
US injects US$1b into Philippines' tech and EV sectors, aims to double chip production
US Commerce Secretary Raimondo recently announced a US$1 billion investment into the solar, EV, telecom, and digitalization sectors of the Philippines during her visit to the count...
Friday 15 March 2024
Auto suppliers see most difficult phase pass as EV, HEV order pull-ins grow
Global automotive tier-1 suppliers have shifted their order pull-ins to EVs, Hybrid EVs (HEV), and fuel-cell vehicles. Accordingly, Taiwan-based suppliers said deliveries are expected...