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Thursday 9 May 2024
Asia Optical to pursue growth on 3 fronts, says chairman Lai Yi-Jen
Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings...
Wednesday 8 May 2024
US government to grant small, medium-sized auto suppliers US$100 million for EV transition
The US is giving its automotive industry another boost toward EVs. The federal government will offer over US$100 million in grants to help small- and medium-sized automotive components...
Wednesday 8 May 2024
Robust aftermarket drives Tong Yang's automotive parts sales
Taiwan-based Tong Yang Group announced its operating results for April 2024 on May 7. The leading car components supplier also revealed that it had purchased land at the Cigu Technology...
Wednesday 8 May 2024
EV makers reportedly compensate South Korean battery companies due to declining procurement
EV manufacturers reportedly failed to purchase the minimum quantity of batteries stipulated by contracts as EV demand softens.
Wednesday 8 May 2024
Infineon supplies SiC power modules to Xiaomi EV
Infineon Technologies will supply Silicon Carbide (SiC) power modules HybridPACK Drive G2 CoolSiC and bare die products to Xiaomi's EVs, including the recently announced SU7, until...
Wednesday 8 May 2024
BYD surges ahead in R&D, exceeding Tesla with satcom debut 'on the road'
With the rapid development of intelligent connected vehicles, cars have gradually become important mobile terminals, carrying an increasing number of interconnection needs based on...
Tuesday 7 May 2024
Nvidia backs UK self-driving startup Wayve in US$1 billion round
US chipmaker Nvidia Corp. is investing in Wayve Technologies Ltd., joining a US$1.05 billion funding round for the UK startup that wants to get its autonomous-driving technology into...
Tuesday 7 May 2024
Leapmotor reportedly to partner with Stellantis to sell EVs in India
Following investments from Stellantis in 2023, Chinese EV manufacturer Leapmotor is reportedly preparing to enter the Indian market. However, the company's plans could encounter obstacles...
Tuesday 7 May 2024
IC design houses upbeat about 2H24 prospects
Taiwan-based IC design houses are generally bullish about their market prospects for the second half of 2024, notwithstanding the persistently unfavorable macroeconomic climate, according...
Tuesday 7 May 2024
Huawei's supercharging alliance to push for international standard
Huawei aims to install 100,000 charging piles in China in 2024.
Tuesday 7 May 2024
Speculation arises about Apple exploring collaboration with EV startup
Speculation has surfaced among supply chains that Apple is studying the possibility of working with an Electric Vehicle (EV) startup company.
Monday 6 May 2024
Toyota, Tata Motors positioned to benefit from hybrid auto boom
A rapidly growing, global market for hybrid electric vehicles should power earnings at major Asian automakers including Japan's Toyota Motor Corp. and India's Tata Motors Ltd.
Monday 6 May 2024
Samsung SDI-Stellantis US joint battery plant reportedly to begin production in November
Samsung SDI and Stellantis have been building a joint battery plant in the US to produce the South Korean company's sixth-generation prismatic battery, P6.
Monday 6 May 2024
US Treasury delays EV battery sourcing restriction, allowing use of Chinese graphite for two more years
The US Department of Treasury will grant EV makers a two-year extension for restrictions on some hard-to-trace battery materials, including China-dominated graphite. The move was...
Monday 6 May 2024
Samsung SDI expanding investment among weak 1Q24 results
Leading South Korea-based battery manufacturers LG Energy Solution, Samsung SDI, and SK On reported unsatisfactory financial performance in the first quarter of 2024 due to slow EV...