Monday 4 December 2023
US' China-targeted battery rules likely to slow EV adoption
The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
Wednesday 23 August 2023
Chinese startup Momenta reportedly recruits Oppo's disbanded chip design team to develop sef-driving ICs
China's autonomous driving startup Momenta reportedly has recruited the Oppo-disbanded Zeku chip design team to support its in-house chip development, and has also partnered with...
Thursday 17 August 2023
Hyundai acquires GM's Indian facility to expand EV production
Hyundai Motor Group agreed to acquire a manufacturing facility from General Motors (GM) in India, as the Korea-based automaker is looking to expand in the world's third-largest auto...
Wednesday 16 August 2023
Quanta to see automotive deployment bear fruit in 2024
Quanta Computer's automotive business is transitioning from investment cultivation to profit harvesting, according to the Taiwan-based ODM, which expects the business to account for...
Tuesday 11 July 2023
Cars with smartphone integration garner attention
The integration of upcoming vehicles and smartphones has garnered international attention; however, industry observers noted that Eastern and Western automakers are employing very...
Tuesday 30 May 2023
Canadian government to invest in GM-POSCO cathode material project in Quebec
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the...
Monday 22 May 2023
Major carmakers, unicorn startups trimming software manpower to cut costs
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially...
Tuesday 11 April 2023
Automotive chip shortage greatly improved
Shortages of automotive ICs have been significantly reduced since 2023, with variations in demand now serving as the primary driver, according to sources in the car industry supply...
Monday 13 February 2023
GF, GM strike long-term direct supply agreement
General Motors (GM) and GlobalFoundries (GF) have jointly announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply. Through...
Wednesday 23 November 2022
Notebook ODMs deepen deployments in automotive electronics
Notebook supply chain players continue to carry on inventory correction amid lingering market headwinds, prompting Taiwan-based ODMs to step up deployments in non-notebook segments,...
Tuesday 11 October 2022
Hyundai Motor charging ahead with multiple bold investments
Successfully averting the crisis of automotive chip shortages, Hyundai Motor Group leapt to the world's 3rd-largest automaker by sales volume in the first half of 2022, up from 5th...
Wednesday 21 September 2022
Hertz plans to buy 175,000 EVs from GM over 5 years
Hertz Global Holdings plans to buy as many as 175,000 electric vehicles (EV) from General Motors over the next five years, the latest major step by the rental giant to embrace plug-in...
Tuesday 13 September 2022
Ford reportedly to downsize dealership; GM has done it
Ford is said to mull over cutting delivery and inventory costs to reach competitive pricing with Tesla and other EV startups, Reuters reported.
Wednesday 7 September 2022
Honda secures battery materials supply for EV ramp-up
Honda Motor has picked up the pace for electrification to fulfill a goal of making zero-emission vehicles only by 2040. On September 6, it announced a strategic partnership with trading...
Friday 26 August 2022
California board approves gasoline vehicle sales ban by 2035 with automakers' support
The Golden State is on track to fully embrace electric vehicles. On Thursday, California Air Resources Board (CARB) approved regulations to completely ban new internal combustion...