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Thursday 25 July 2024
Slowing demand, policy changes limit EV adoption
Disappointing demand growth, uncertainties surrounding the upcoming US presidential election, and government policy changes have slowed the adoption of electric vehicles (EV), according...
Monday 22 July 2024
BYD expands manufacturing and distribution presence in Southeast Asia
Chinese electric vehicle (EV) maker BYD is rapidly expanding its presence in Southeast Asia. The company plans to establish new assembly plants in Cambodia and Indonesia to complement...
Monday 22 July 2024
China-based startup Byinka to ship 7th-gen IGBT to customers
China-based power semiconductor provider Byinka has announced the shipment of its 7th-generation Insulated Gate Bipolar Transistor (IGBT) to leading companies across industries such...
Friday 19 July 2024
MediaTek seeks to advance smart car, EV ecosystems with AI
MediaTek, a leader in consumer electronics and communications, is looking to establish itself as a key player in the smart car and Electric Vehicle (EV) ecosystem while deepening...
Wednesday 17 July 2024
Hybrids to lead in 2024 as EVs face profitability hurdles
Global sales of Electric Vehicles (EVs) are expected to surpass 10 million units in 2024, marking a crucial automotive market milestone and reaffirming a healthy growth trajectory.
Tuesday 16 July 2024
Memory prices to rise at slower pace in 3Q24
DRAM and NAND flash memory prices will continue to rise in the third quarter, albeit at a slower rate than in the first half of this year, as market circumstances improve more, according...
Monday 15 July 2024
China's NEV sales surge domestically, face challenges abroad
The global electric vehicle (EV) market is experiencing a slowdown, with China's new energy vehicle (NEV)...
Friday 12 July 2024
Tesla delays robotaxi event in blow to Musk's autonomy drive
Tesla Inc. is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with...
Friday 12 July 2024
Tesla's EV dominance slips as US market diversifies
Tesla's global Electric Vehicle (EV) deliveries have declined for two consecutive quarters, a trend reflected in the US market.
Friday 12 July 2024
BYD to invest US$1 billion in Turkish EV factory, targeting EU market
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Friday 12 July 2024
German EV sales surge despite subsidy cuts, raises market optimism
According to statistics from the Federal Motor Transport Authority (Kraftfahrt-Bundesamt, KBA) in Germany, 43,000 new pure electric vehicles were registered in June, achieving a market...
Friday 12 July 2024
Chinese EV exports slump 13.2% in June, marking third monthly decline
According to data from the China Association of Automobile Manufacturers (CAAM), China's electric vehicle (EV) exports decreased by 13.2% in June 2024, marking the third consecutive...
Thursday 11 July 2024
SK On partners with Nissan to fuel EV battery supply chain
South Korea's SK On is gearing up to power Japan's Nissan in a groundbreaking Electric Vehicle (EV) battery supply collaboration. This strategic alliance aims to bolster Nissan's...
Tuesday 9 July 2024
Chinese EVs accelerate global expansion despite trade barriers
China's electric vehicle (EV) industry is aggressively pushing into overseas markets, navigating trade barriers from Europe and the US designed to stall its progress. However, these...
Wednesday 3 July 2024
EV vendors follow up on price war in China
The rise of Chinese Electric Vehicle (EV) brands has prompted their larger international counterparts to engage in a price war in China to defend their market share, according to...