Amid global production relocation, India remains disadvantageous due to a lack of stable power. To attract global manufacturers, India lowered import duties on EVs.Stable power supply...
In a speech in January 2024, Toyota chairman Akio Toyoda said battery EVs (BEV) can only take up at most 30% market share, no matter how much the vehicle progresses. Hybrid EVs (HEV),...
Chinese EV maker BYD plans to increase investment in its Brazilian plant by over 80% to accelerate construction. The factory is located in the Bahia state, northeast of Brazil, and...
Samsung Electronics is reportedly considering acquiring some part of the automotive electronics business of Continental AG. It has been 7 years since Samsung made an acquisition,...
President Xi Jinping visited a battery materials company in the southern Chinese city of Changsha as he seeks to promote advanced technology sectors as new pillars of the world's...
Contract electronics vendors Hon Hai Technology Group (Foxconn) and Pegatron, as well as ODMs including Quanta Computer, Compal Electronics, and Wistron, have maintained their accelerated...