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NEWS TAGGED EV
Wednesday 26 March 2025
IC distributors upbeat about 2025 prospects given end of inventory adjustments for industrial and automotive chips
IC distributors have expressed optimism regarding the semiconductor market outlook for 2025, generally believing that overall circumstances will exceed those of 2024. They anticipate...
Wednesday 26 March 2025
Toyota chair strengthens ties with Hotai Motors
On March 21, 2025, Hotai Motors held the opening event for the Taiwan GR Garage. Toyota chairman Akio Toyoda joined Hotai Motors chairman Nan-Kuang Huang in a symbolic collaboration,...
Wednesday 26 March 2025
Xiaomi, BYD secure billions for EV global push
On March 25, 2025, Xiaomi Group made waves in the market with its announcement of an 800 million new share offering, aiming to raise a substantial HKD42.5 billion (US$5.47 billion)...
Wednesday 26 March 2025
Xiaomi sets sights on Europe with EV R&D hub, recruits BMW veterans
Xiaomi plans to set up a dedicated electric vehicle (EV) research and development center in Europe, marking a key milestone in its global expansion strategy. The announcement follows...
Wednesday 26 March 2025
Tesla leading the trend of humanoid robot deployment among automakers, says DIGITIMES
Since the second half of 2024, Tesla has increasingly emphasized AI as the core driver of its business strategy for the coming years, focusing on commercializing autonomous driving...
Wednesday 26 March 2025
Samsung to reportedly mass-produce ADAS chips for Hyundai
Samsung Electronics will reportedly mass-produce advanced driver assistance systems (ADAS) chips using its 5nm process for Hyundai Motor, according to South Korean media outlets....
Tuesday 25 March 2025
Tariffs and demand uncertainty in Europe and US lead to unpredictable 2Q25 auto market
The European and US automobile industries are currently difficult to judge due to tariff disputes launched by the Trump administration, making the second-quarter car market unpredictable,...
Tuesday 25 March 2025
China courts Europe in bid for stability as US escalates global tariff offensive
Amid rising global economic uncertainty and escalating US-China trade tensions, China is actively courting Europe's industrial giants in a bid to diversify its strategic alliances...
Tuesday 25 March 2025
BYD sales top Tesla as tech focus wins over Chinese drivers
BYD Co's sales last year surpassed the US$100 billion mark, leapfrogging Elon Musk's Tesla Inc on revenue, as the Chinese auto giant wows consumers with a range of electric and hybrid...
Tuesday 25 March 2025
BYD Electronics reports net profit of CNY4.27B in fiscal year 2024, up 5.55%
BYD Electronics reported its full-year financial results for 2024, with revenue rising 36.43% year-over-year to CNY177.306 billion (approx. US$24.45 billion). Gross profit increased...
Tuesday 25 March 2025
Hyundai commits US$21B to boost US production, supply chain, and future mobility
Hyundai Motor Group is making a bold US$21 billion bet on the US economy between 2025 and 2028, targeting key B2B sectors across manufacturing, supply chain logistics, steel production,...
Tuesday 25 March 2025
European Commission probes Chinese subsidies behind BYD's US$4.3B Hungary EV plant
The European Commission has opened a preliminary investigation into whether Chinese electric vehicle (EV) giant BYD received unfair government subsidies for its planned factory in...
Monday 24 March 2025
Tesla reportedly talking to Tata for EV component sourcing
Tesla is reportedly talking to local suppliers, including those from Tata, amid its supply chain diversification away from China and Taiwan. This move aligns with its goal to sell...
Monday 24 March 2025
Toppan exits LCD panel production with Giantplus divestment, strengthening partnership for 2025 growth
Japanese company Toppan Holdings has decided to divest all its 53.1% stake in Taiwan-based Giantplus Technology, a manufacturer of small and medium-sized LCD panels, marking its exit...
Monday 24 March 2025
Disruption Index 2025: Automotive sector hit hardest, parts costs surpass tariff concerns
In 2025, the automotive industry is projected to surpass healthcare, technology, and financial services for the first time to become the sector most impacted by disruptive changes...