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Thursday 18 April 2024
New business models keeping Foxconn on track for 2025 EV targets, says chairman Young Liu
Foxconn chairman Young Liu notes that current headwinds in the global electric vehicle (EV) market have been long expected, although turmoil has come earlier than predicted; however,...
Thursday 18 April 2024
Automotive IDM competition intensifies
Leading automotive IDMs are facing increasing competition, with STMicroelectronics (ST) trailing closely behind second-placed NXP Semiconductors, according to TechInsights.
Thursday 18 April 2024
NXP unveils a groundbreaking SDV platform, but can it disrupt the global car market?
NXP, one of the world's top five automotive chip IDMs, recently launched the S32 CoreRide open platform for software-defined vehicles (SDV). Supply chain sources said software companies...
Thursday 18 April 2024
US border states grow enticing as EV cluster forms in Southwest
US states like Arizona and New Mexico are expected to become more tempting for investments, partly thanks to an EV cluster that will emerge in the southwestern US and northern Mexico...
Wednesday 17 April 2024
LG affiliates engage with Hyundai, aiming further automotive collaboration
LG Innotek and the automotive electronics division of LG Electronics recently visited Hyundai Motor Group's R&D hub. The industry has been wondering whether the two sides will...
Wednesday 17 April 2024
Next-gen vehicle components welcome arrival of AI connectivity business opportunities
To prepare for the arrival of the V2X era, automotive component maker Coplus is gradually carrying out the plan to expand its product lineup to include exterior modifications for...
Wednesday 17 April 2024
E-Lead aims for improved driving experience with enhanced smart cockpits
E-Lead Electronic, a leading supplier of automotive Head-Up Displays (HUD) and infotainment systems, is looking to enhance its smart cockpit offerings in 2024 with 3D HUDs, Panoramic...
Wednesday 17 April 2024
HD Renewable Energy partners with Shihlin Electric to scale charging business in Taiwan, Japan
Taiwan-based HD Renewable Energy (HDRE) is expanding its business scope from energy storage and solar energy to EV charging. Jason Chou, HDRE's general manager, said the company will...
Wednesday 17 April 2024
PCB firms see promising demand for automotive PCBs
PCB manufacturers are upbeat about the long-term demand prospects for automotive PCBs notwithstanding the recent decline in car demand.
Tuesday 16 April 2024
Tesla cuts FSD subscription fees in half in North America
EV manufacturer Tesla saw its first-quarter sales in 2024 fall short of expectations. Recently, it slashed the price of its Full Self-Driving (FSD) subscription in the US and Canada...
Tuesday 16 April 2024
Xiaomi SU7 launch lies in China's EV proficiency
Global EV sales volume grew by 30% in 2023.
Tuesday 16 April 2024
Top Japanese carmakers solidify EV battery recycling plans as Toyota partners with Minmetals
Meiwa Corporation, a Japan-based chemical material producer, Toyota, and China Minmetals Corporation recently announced they will set up a joint venture for EV battery recycling in...
Tuesday 16 April 2024
Taiwan-based Global PMX joins Xiaomi's EV supply chain
Xiaomi is ramping up deliveries of its first EV, SU7, as more suppliers are revealed.
Tuesday 16 April 2024
BHTC to make debut after acquisition by AUO at Touch Taiwan 2024
The Germany-based Behr-Hella Thermocontrol GmbH (BHTC) is set to make its debut after being acquired by AUO at the 2024 Touch Taiwan exhibition.
Tuesday 16 April 2024
Tesla will reduce over 10% global headcount as it awaits the next growth driver
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery...