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Tuesday 23 April 2024
Rohm and STMicroelectronics extend SiC wafer supply contract
Rohm and STMicroelectronics have extended their previously signed supply contract for Silicon Carbide (SiC) wafers for several more years.
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Tuesday 23 April 2024
Automotive suppliers closely monitor potential impacts of regional conflicts
The international maritime logistics sector has faced multiple challenges, including the 2023 Red Sea crisis and the recent conflict between Israel and Iran. The regional tension...
Tuesday 23 April 2024
BYD reportedly not eligible for Indian EV policy
India introduced a policy to lower the tariffs on imported EVs to attract global EV manufacturers to set up manufacturing facilities in the country. Still, despite a growing presence...
Tuesday 23 April 2024
Beijing auto show to return this week
The Beijing International Automotive Exhibition will return this week following a four-year hiatus due to the COVID-19 pandemic, with major car vendors and startups all raring to...
Tuesday 23 April 2024
Bickering between EV vendors underscores SiC popularity
The recent bickering between two Chinese Electric Vehicle (EV) vendors has highlighted the growing popularity of SiC power components.
Monday 22 April 2024
Tesla's price cuts trigger new round in China EV price war
Tesla Inc.'s weekend move to slash prices...
Monday 22 April 2024
Honda will utilize cheaper steel vehicle bodies to counter China-made EVs
Reducing production costs has been a major task for carmakers as a price war persists in the EV market. According to Nikkei, Honda Motor is trying to produce integrated vehicle...
Monday 22 April 2024
Will reported Mexican policy change impact BYD and Tesla ambition?
Mexico has reportedly declined to offer incentives to China-based EV players for their sites in the country due to pressure from the US.
Monday 22 April 2024
PlayNitride collaborates with leading auto players as micro LED car displays approach mass production
Micro LED applications are expected to multiply in the coming years, especially in the automotive sector. Li Yun-Li, CEO of micro LED supplier PlayNitride, said customers will likely...
Monday 22 April 2024
Nissan adopts Giga-casting to cut EV costs, will soon launch all-solid-state battery pilot line
Nissan Motor said it will leverage the Giga-casting technique to produce its next-generation EVs and rapidly reduce costs. The automaker recently also invited media members to check...
Monday 22 April 2024
LGD's automotive P2P display is highly inquired as rumors about order from luxury car brand surfaces
After securing a 27-inch OLED display sale to Hyundai Motor Group's Genesis, LG Display (LGD) also reportedly received a large-sized LCD order from a foreign luxury car brand. This...
Monday 22 April 2024
Tesla CEO delays India visit amidst ongoing challenges and setbacks
Amidst a series of challenging developments, Tesla CEO Elon Musk's planned visit to India was anticipated as a potential morale booster for Tesla as well as for India.
Friday 19 April 2024
European auto veteran says Chinese carmakers will dominate mainstream market for next decade
China's automotive offense has pressured legacy carmakers in Europe and other markets. Gianfranco Pizzuto, an Italian automotive veteran and the former co-founder of Fisker Automotive,...
Friday 19 April 2024
Tong Hsing sees promising automotive CIS demand
Tong Hsing Electronics Industries saw automotive products contribute to 66% of its revenue in the first quarter of this year.