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Monday 1 April 2024
BYD reviewing suppliers' production capacity invites market suspicions
BYD maintains a leading position in the fierce Chinese market as it grows overseas.
Monday 1 April 2024
India roundup: end the AI hype and get deploying, says NASSCOM

End the AI hype and get deploying, says India's NASSCOM President

Friday 29 March 2024
Nissan strengthens partnership with Renault, plans joint exploration of Indian market
Nissan and Renault execs traveled together to India.
Friday 29 March 2024
Targeting Tesla Model 3, Xiaomi's first EV stirs up intense Chinese market
Xiaomi secured 50,000 firm orders for its first electric sedan, SU7, 27 minutes after it began receiving orders on the night of March 28.
Friday 29 March 2024
Hyundai will invest KRW68 trillion to boost EV competitiveness
Hyundai Motor Group announced on March 27 that it aims to invest KRW68 trillion (US$51 billion) in South Korea until the end of 2026.
Friday 29 March 2024
Chinese EV exports to US, Europe decline
Chinese customs statistics indicate that Electric Vehicle (EV) exports from China to Europe and the US decreased by 20% and over 40%, respectively, year-on-year during the first two...
Thursday 28 March 2024
Xiaomi's $8 billion rally at stake as costly EV bet makes debut
Xiaomi Corp.'s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle Thursday, as it attempts to muscle into an unfamiliar and...
Thursday 28 March 2024
Carmakers' shift from EV-only to EV-first will influence parts supply chain
In 2020, the rapid growth of EV sales, especially Battery EVs (BEVs), and market share prompted European automakers to develop chassis dedicated to BEVs.
Thursday 28 March 2024
US Treasury Secretary Yellen has an EV subsidy bone to pick with China
The US does not want to retaliate, Yellen said.
Thursday 28 March 2024
Elon Musk targets Optimus robot price to below half car's cost for mass market appeal
Tesla CEO Elon Musk has stated that the price of the Optimus humanoid robot should be kept below half the price of a car to achieve mass commercialization.
Thursday 28 March 2024
Power inductor maker Tai-Tech expects revenue and gross margin growth in 2024
Tai-Tech Advanced Electronics, which specializes in power inductors, anticipates that its sales and gross margin for the current year will exceed those of 2023.
Thursday 28 March 2024
Auto suppliers not that excited about Xiaomi's SU7
Chinese tech giant Xiaomi is on track to launch its first battery EV (BEV), SU7, on the evening of March 28.
Wednesday 27 March 2024
Taiwan needs allies to compete with China in ASEAN market, says MIH CEO
With the global supply chain going regional, emerging countries in Southeast Asia and South Asia are rising to the fore. In a keynote speech at the Indo-Pacific Industry Strategy...
Wednesday 27 March 2024
China calls shenanigans on US EV policy, complains to WTO
The EU is following the US example.
Wednesday 27 March 2024
US EV manufacturers watch BYD's birdie
BYD's new Seagull has caught the attention of US automakers.