The emergence of China's homegrown automakers and EV companies has dramatically changed the world's largest car market. These companies have scaled up rapidly with the support from...
China's automotive industry reached a milestone in 2023. The country became the world's largest car exporter this year and saw the homegrown automakers occupy over 50% of the domestic...
Chinese automotive giant BYD announced that it will construct an EV production plant in Hungary. As the company continues to experience overseas sales increase, the project is expected...
Huang Sheng-Chang, CFO of Hiroca Holdings, an automotive interior parts manufacturer, mentioned in the firm's online earnings call on December 19 that BYD has accredited Hirosawa,...
Chinese automakers are investing in the self-development and manufacturing of lithium batteries, which is gradually generating results, according to industry sources.
BYD has stepped up its semiconductor business deployment, extending its Chengdu production location to add fab capacity for automotive chips, according to industry sources in China...
As the year draws to an end, Chinese automakers have launched a new round of price wars, hoping to meet their annual sales target. The competition has intensified this year: even...
The Land Transport Authority (LTA) in Singapore recently announced that it will grow the country's electric bus fleet. The agency plans to spend SGD221.5 million (US$166 million)...
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
China-based EV makers are expanding aggressively overseas, triggering a "war" between EVs and internal combustion engine (ICE) vehicles in Thailand. The situation has pressured Japanese...
Sweden-based battery maker Northvolt announced that it has developed sodium-ion batteries. The cost-effective technology can support deploying energy storage systems (ESS). In addition,...
Tesla raised prices for its Model 3 and Model Y in China at the end of October, marking the third price increase within 3 weeks. Tesla may raise prices again soon. There are various...
China's top-selling automaker BYD Co.'s unveiling of its long-awaited rival to Tesla Inc.'s Model Y — the Sea Lion 07 — led a slew of new vehicle launches at this year's...
While current electrical vehicles revolve around electric power, electric drive, and electronic control systems, known as 3E, the future will be an era characterized by 3A - autonomous...
BYD Co. is rapidly closing in on Tesla Inc. as the world's biggest seller of pure electric vehicles, with surging profits underscoring its sales clout despite intensifying competition...
