Tesla Inc. cut the price of both its locally made models in China, potentially setting the stage for further discounting as overall growth in the world's biggest electric car market...
South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of...
The demand for power semiconductors is being driven by the electric vehicle (EV) market, leading several semiconductor companies to respond accordingly. In addition to partnerships...
STMicroelectronics has inked a long-term supply agreement for silicon carbide (SiC) with Li Auto, a market leader in China's new energy vehicle sector, according to the companies...
Driven by the robust domestic market opportunities in China's new energy vehicle sector, Chinese MCU (microcontroller unit) makers are accelerating the development of automotive-grade...
Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered...
Hon Hai Technology Group (Foxconn) recently invested in Indigo Technologies, a US electric vehicle startup, through its subsidiary Foxconn EV Technology, in order to speed the development...
As EV and energy storage system sectors have proliferated in recent years, those with battery resources are more likely to dominate markets. However, the battery industry has seen...
Taiwan's well-developed information and communication technology (ICT) industry has not only enabled supply chain players to grab business opportunities in the EV market, but also...
Chinese top EV vendor BYD outraced Tesla in terms of R&D expenses and gross margins in the first half of 2023, with both its revenues and net profits for the period hitting record...
Thanks to more affordable models available and consumers' environmental consciousness, India has seen a doubling of EV sales in the first half of 2023.
Taiwan-based power inductor specialist Tai-Tech Advanced Electronics is on track to volume produce its newly developed trans-inductor voltage regulator (TLVR) dual winding inductors...