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NEWS TAGGED EV
Monday 2 June 2025
Renesas scraps SiC production plan amid rising Chinese challenge
Japanese chipmaker Renesas Electronics has scrapped its plan to mass-produce silicon carbide (SiC) power semiconductors, originally set to begin in early 2025 at its Takasaki plant...
Monday 2 June 2025
Wolfspeed's missteps fuel decline as China closes silicon carbide gap
Wolfspeed, once the dominant supplier of silicon carbide (SiC) materials, is now grappling with financial distress as its market lead continues to erode. Just five years ago, the...
Monday 2 June 2025
Forcelead rides HUD wave as Taiwan firms keep grip on auto DDI market
Sitronix's automotive display driver IC (DDI) subsidiary, Forcelead, held an investor conference to provide updates on its current operations. Forcelead stated that the company has...
Monday 2 June 2025
Wah Hong targets micro LED and drone battery growth
At its recent annual shareholder meeting, optical film manufacturer Wah Hong announced the successful approval of key proposals, outlining its strategic direction for the future....
Thursday 29 May 2025
Foxconn sees three-year growth driven by AI, EVs
Taiwan's Foxconn Technology Group expects robust growth over the next three years from artificial intelligence, information technology, and electric vehicles, with the world's largest...
Thursday 29 May 2025
Yulon cites tariff uncertainty, urges clarity on auto policy
Yulon Motor convened its shareholders meeting on May 27, 2025, where President Kuo-hsing Hsu and Vice President Chien-hui Lee, who also chairs the Taiwan Transportation Vehicle Manufacturers...
Thursday 29 May 2025
Yulon to begin EV exports by 2026, outlines 2025 strategy
Yulon Motor held its annual shareholders' meeting on May 27, 2025, approving the company's 2024 financial results and unveiling ambitious plans to accelerate its electric vehicle...
Wednesday 28 May 2025
Luxury EV market in China nonexistent, says Porsche
Xiaomi has previously leveraged the technical know-how of China's EV industry by packaging it into a sleek Porsche-like body at an affordable price with its SU7, and has followed...
Wednesday 28 May 2025
Xiaomi boosts EV gross margin and doubles down on AI with major R&D push
Xiaomi reported strong progress in its electric vehicle (EV) and artificial intelligence (AI) businesses during its first-quarter 2025 earnings call on May 27, with company executives...
Wednesday 28 May 2025
CMMT pursues dual strategy: high-value products and semiconductor expansion
Polarizer manufacturer CMMT held its shareholders meeting on May 27, where chairperson Grace Sung stated that in 2025, the company will continue to strengthen operations in polarizers...
Wednesday 28 May 2025
BYD slashes EV prices by 35%, sparking industry alarm over long-term stability
In recent weeks, Chinese automotive giant BYD has slashed prices on as many as 22 of its electric vehicle (EV) models, including both battery electric vehicles (BEVs) and plug-in...
Wednesday 28 May 2025
Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales
Xiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue...
Wednesday 28 May 2025
Auto parts shift gears: Waffer and Getac hint at a 2025 rebound
The automotive supply chain, battered by a challenging year in 2024, is finally showing signs of recovery, with component manufacturers leading the way into a period of renewed growth...
Tuesday 27 May 2025
Yulon Motor eyes EV growth, lifestyle business momentum, and energy storage in 2025
At its shareholders' meeting on May 27, 2025, Yulon Motor Chairwoman Yen Chen-Li-Lien announced the company posted revenue of NT$25.9 billion (US$867 million) in 2024, maintaining...
Tuesday 27 May 2025
Kian Shen eyes recovery in 2025 despite 2024 profit dip amid EV transition
Kian Shen Corporation, a subsidiary of Yulon Motor Group, approved its 2024 financial statements at a recent shareholders' meeting, with chairman Tung-Tai Hsiung and president Chiung-Chih...