Friday 10 November 2023
Wistron ITS defies odds: AI-driven growth charts course to 2024
Wistron ITS, the software arm of Wistron, resiliently navigates challenges amid global uncertainties. CEO Hsiao Ching acknowledges the challenges presented by "black swan" and "gray...
Friday 27 October 2023
SMIC stepping up SiC deployment
Chinese foundry Semiconductor Manufacturing International Corp. (SMIC) has formed a joint venture, Xinlian Power Technology, with capital from XPeng Motors, Luxshare Precision Industry,...
Monday 16 October 2023
China's NEV supply chain speeds up transformation as the sector gains traction
The Chinese automotive supply chain is still in the process of adjusting its inventory. Nevertheless, the third quarter is the traditional peak season for the automotive industry,...
Monday 25 September 2023
China sees NEV exports grow by 82%
The European Union's investigation into China-made EVs again drew the world's attention to China's leading position in the EV market. According to Cui Dongshu, secretary general of...
Monday 11 September 2023
Rise of China's second-tier NEV companies creates new opportunities for MCU makers
China-based new energy vehicle (NEV) manufacturers have scaled up in the past years, driving the semiconductor market growth. The automotive-grade MCU market has also expanded.
Wednesday 23 August 2023
Tesla, Chinese automakers set to miss 2023 sales growth targets
Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
Friday 11 August 2023
BYD reaches five million NEV production milestone as automotive electrification in China keeps growing
China's largest new energy vehicle (NEV) maker BYD rolled its five millionth car off the production line on August 9. Chairman and president Wang Chuanfu said automotive electrification...
Wednesday 12 July 2023
China sees car exports grow 75.7% in 1H23 while NEV market share approaches 30%
The latest data from the China Association of Automobile Manufacturers (CAAM) showed the country's automotive market is recovering. Production and sales of new energy vehicles (NEV)...
Tuesday 4 July 2023
China sees 20 millionth NEV roll off production line
China's new energy vehicle (NEV) industry reached the milestone of producing its 20 millionth car on July 3. Experts are optimistic about the market, saying NEV is the new driving...
Wednesday 28 June 2023
China auto market recovery remains insignificant
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Wednesday 21 June 2023
China extends NEV purchase tax exemption to the end of 2027
To boost its domestic new energy vehicle (NEV) sales, China announced on June 21 that it will again extend the purchase tax exemption to the end of 2027. However, the government will...
Monday 10 April 2023
Chinese car vendors rely on spec differentiation to fend off Tesla pricing pressure
Chinese automakers are looking to enhance their product differentiation in the face of Tesla's cut-throat pricing competition, according to industry sources.
Wednesday 29 March 2023
BYD enjoys 445.86% profit growth in 2022, expects promising 2023 with overseas expansion
BYD finished 2022 strong despite facing multiple challenges. Increasing new energy vehicle (NEV) sales benefited the EV maker's revenue and profits. It reported CNY16.62 billion (US$2.4...
Tuesday 21 March 2023
China sees signs of NEV market recovery in February
China will likely welcome back its robust EV market soon. Data from the China Passenger Car Association (CPCA) showed that wholesale and retail sales of new energy vehicles (NEV)...
Tuesday 21 March 2023
Lithium carbonate prices drop nearly 40% amid China's NEV subsidy reduction
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below...
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