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Thursday 10 August 2023
Hyundai Mobis receives extensive battery system assembly order from Volkswagen
Hyundai Mobis, a Hyundai Motor affiliate, has taken a step forward to diversify its customer base. The automotive parts supplier announced on August 9 that it has secured a large-scale...
Friday 4 August 2023
Jokowi's EV ambition takes a step forward with cathode factory
President Joko Widodo's ambition of building out Indonesia's electric-vehicle supply chain is seeing another step forward with plans for a cathode plant.
Monday 24 July 2023
Thailand leads as SEA sees BEV sales grow almost 10 times from 2022
Thailand is on track to be the EV hub in Southeast Asia. According to research firm Counterpoint, Thailand accounted for 78.7% of the battery EV sales in the region in the first quarter...
Wednesday 12 July 2023
Business consolidation continues as EV charging segment grows
EV charging station deployment has increased thanks to automotive electrification. More companies are entering the charging segment, prompting business consolidation worldwide.
Wednesday 5 July 2023
SAIC Motor exploring production sites in Europe
Shanghai-based SAIC Motor is poised to scale up in Europe. The automaker said on July 4 that it saw car sales outside China grow by 40% in the first half of the year, driven mainly...
Tuesday 4 July 2023
Mobile phone amplifier IC expected to see activation increase in 3Q23
After experiencing a long inventory adjustment period, Taiwan-based Win Semiconductors, Visual Photonics Epitaxy Company (VPEC), and Advanced Wireless Semiconductor Company (AWSC)...
Thursday 29 June 2023
China-based carmakers poised to gain EV momentum in SEA
More China-based EV makers are expanding in Southeast Asia: Great Wall Motor (GWM) aims to enter the Vietnam market in August. GAC Aion has launched its operations in Thailand, planning...
Tuesday 30 May 2023
BYD outbids Tesla to supply EVs for Indonesian taxi operator
Indonesia's largest taxi operator will turn to BYD Co. for 80% of its electric-vehicle fleet while reviewing its Tesla Inc orders as lower-cost models win out in the country.
Monday 29 May 2023
Joint battery plant will benefit Hyundai, LGES in the US
Hyundai Motor and LG Energy Solution have embarked on a joint effort to scale up in the US. The pair announced on May 26 that they will build an EV battery cell plant together in...
Monday 29 May 2023
Indonesia phone shipments face slight headwind; mid-to-high tier models are slacking while entry models rising
According to Counterpoint's monthly Indonesia smartphone tracker, Indonesia's smartphone shipment for the first quarter of 2023 saw a 7.6% YoY decrease. The reason is a 25.8%...
Thursday 25 May 2023
Apple expanding supplier base in China, Southeast Asia, and India
As manufacturers embark on massive relocation efforts to build a more resilient supply chain, Apple is expanding its supplier base in most Asian countries.
Wednesday 24 May 2023
South Korea will inject KRW14 trillion into auto parts industry to boost EV production
South Korean Trade, Industry and Energy Ministry announced on May 23 that the government and local automakers will invest KRW14.3 trillion (US$10.9 billion) in the automotive component...
Tuesday 23 May 2023
Pegatron to expand production capacity in Taiwan
Contract electronics maker Pegatron has announced plans to purchase land and a building in Taoyuan, northern Taiwan, for a total of NT$755 million (US$24.6 million).
Thursday 11 May 2023
ASEAN offers not just geographical advantages
The rising labor cost in China and the changing international politics have given birth to a new value chain stretching from Shenzhen and Dongguan in southern China to northern Vietnam...
Wednesday 10 May 2023
ASEAN and South Asia are top choices for new production bases
According to data collected by DIGITIMES, all 949 publicly traded electronics firms in Taiwan generated sales totaling NT$953 billion in 2022. Manufacturers of electronic devices,...