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Wednesday 14 May 2025
Nissan set to axe 20,000 jobs worldwide in deepening restructuring drive
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining...
Wednesday 14 May 2025
Tesla reportedly eyes Western India for CKD assembly unit
Tesla is exploring land parcels in Satara, Maharashtra, to establish a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official told Business...
Wednesday 14 May 2025
Aluminum wheel maker SAI posts record profits despite tariff uncertainties
Although Taiwan's complete vehicle exports to the US consist mainly of a small number of ATVs, Taiwanese automotive parts firms have still felt mounting pressure from Trump's tariff...
Tuesday 13 May 2025
Tesla's futuristic trademarks 'Robotaxi' and 'Cybercab' hit snags amid legal and tech hurdles
Tesla has long been at the forefront of promoting the vision of high-level autonomous vehicles and driverless taxi services. However, its recent efforts to trademark the names "Robotaxi"...
Tuesday 13 May 2025
Chinese EV supply chain's bold expansion into Thailand raises profit concerns among local industry
China's auto industry is accelerating, driven by soaring demand for electric vehicles (EVs). New figures from the China Association of Automobile Manufacturers report a 9.8% year-over-year...
Tuesday 13 May 2025
Display Week 2025: LGD showcases leading P2P panels and stretchable OLEDs
LG Display (LGD) is set to participate in the Society for Information Display's (SID) Display Week 2025 with a major focus on next-generation automotive displays. Highlights include...
Tuesday 13 May 2025
US silicon carbide industry faces challenges amid tariff protections and Chinese competition
Silicon carbide (SiC), a critical material for electric vehicle (EV) powertrains, is under strain in the US despite protective trade policies. Initially bolstered by US President...
Tuesday 13 May 2025
From Bosch to Foxconn: is a Tier 1 power shift underway in the auto industry?
In stark contrast to the somber tone of automotive parts giant Bosch, which recently warned that the industry's "automotive drought" may drag on, Taiwan's Foxconn has taken a decisive...
Tuesday 13 May 2025
AUO unveils advanced microLED displays with AI integration at Display Week 2025
AUO is showcasing cutting-edge microLED display technology integrated with artificial intelligence (AI) at Display Week 2025, the global industry event hosted by the Society for Information...
Tuesday 13 May 2025
Thaw or theater? US-China tariff pause masks deeper strategic fault lines
Against a backdrop of escalating geopolitical strain and unresolved trade friction, the US and China have concluded a new round of high-level negotiations, releasing a joint statement...
Tuesday 13 May 2025
CarUX, arm of Taiwan's Innolux, plots US listing, unveils innovative windshield display tech
Innolux Corporation's automotive display subsidiary CarUX plans to list on the US stock market, marking the Taiwanese display manufacturer's first overseas public offering.
Monday 12 May 2025
US-UK auto tariff deal shifts trade dynamics
The US has finalized a trade agreement with the UK, granting British car manufacturers a 10% tariff on up to 100,000 vehicles annually, lower than the 25% tariff applied to automotive...
Monday 12 May 2025
Panasonic announces 10,000 layoffs to boost profitability
Panasonic Holdings has unveiled plans to lay off approximately 10,000 employees, split evenly between Japan and overseas, as part of structural reforms to improve profitability. The...
Monday 12 May 2025
Infineon secures funding for Dresden smart power fab expansion
According to an official press release, Infineon has received final approval from the German Federal Ministry for Economic Affairs to fund its new Smart Power Fab in Dresden. The...
Monday 12 May 2025
Foxconn wins Mitsubishi greenlight, enters critical inflection point in its EV strategy
On May 6, Mitsubishi Motors signed a memorandum of understanding with Foxconn's EV arm, Foxtron Vehicle Technologies, to jointly explore EV development, design, and manufacturing...