Automaker Volkswagen has announced several plans to shut down or migrate its factories, signaling a strategic adjustment for the company in the global market. In particular, this...
China-based automotive giant BYD is reportedly in talks with Indian conglomerates Reliance Group and Adani Group to set up a local manufacturing base in India. This move comes despite...
Taiwanese enterprises are quietly formulating a strategy to capture a share of the hydrogen energy sector amid the global green energy push. Renewable energy and electric vehicles...
Sumitomo Metal Mining has unveiled plans to significantly increase its production of SiC wafers. The company's subsidiary, Sicoxs, will establish a new production line in Japan to...
The electric vehicle (EV) sector is intensifying efforts to advance solid-state battery technology, with BYD's chief scientist Yubo Lian announcing that commercialization could occur...
Lithium-ion (Li-ion) batteries for use in electric vehicles (EV) are regarded as the second most important strategic industry in many countries, after semiconductors. Manufacturers...
Samsung SDI recently announced its intention to focus more on its lithium battery business by selling its polarizer division to a Chinese manufacturer for KRW1.1 trillion (approx...
SK On, the fifth-largest electric vehicle battery manufacturer globally, has announced its first voluntary redundancy program aimed at workforce reduction. This initiative arises...
The automotive supply chain has been divided into two camps in recent years: the West, encompassing Europe and the US, and China. While near-term demand projections remain uncertain,...
Industry sources anticipate that the automotive sector will stay stagnant in the fourth quarter of 2024 and remain cautious about prospects in the face of unfavorable macro develop...
Taiwanese electric scooter manufacturer Gogoro has been cleared of allegations that it falsely claimed its VIVA model was domestically produced. The Taiwanese government concluded...
The ASEAN market, spanning multiple countries, has become a fiercely competitive battleground for numerous automotive and new energy vehicle (NEV) brands. In this landscape, BYD has...
European electric vehicle (EV) sales suffered a weak performance in 2024. Automakers are facing great pressure from Chinese EVs and potential emission penalties.
Taiwan-based MCU firms generally remain cautious about their sales prospects for the fourth quarter of 2024, primarily due to the slow recovery in demand in China, according to industry...
With stable sales of gasoline and hybrid vehicles throughout the year, the impact of slowing electric vehicle growth has been mitigated. Most automotive component suppliers maintain...
