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Monday 5 June 2023
Hyundai invests in 42dot to establish global software center
Hyundai Motor took another step forward to transform its vehicles. The automaker injected KRW346.2 billion (US$265.1 million) into the majority-owned self-driving startup, 42dot,...
Monday 5 June 2023
China poised to extend EV purchase tax break
China, the world's largest EV market, is expected to keep its tax incentives to maintain the momentum. The purchase tax break for new energy vehicles (NEV) will likely remain after...
Monday 5 June 2023
Hyundai commences first overseas fuel cell production base in China
Hyundai Motor bets on the China market to scale up its fuel cell business. The automaker began operating its first fuel cell plant in Guangzhou, China, on June 1. The production base...
Friday 2 June 2023
Toyota ramps up BEV and battery investments in US
According to Toyota's statement, the company further expanded its investments in the US amid increasing demand for EVs and the Inflation Reduction Act (IRA) that mandates automakers...
Wednesday 31 May 2023
Musk meets Chinese officials to deepen Tesla's China ties
Tesla CEO Elon Musk visited China on May 30. He is expected to meet with several Chinese officials and check on the company's Shanghai plant. At a meeting with China's foreign minister,...
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.
Tuesday 30 May 2023
Canadian government to invest in GM-POSCO cathode material project in Quebec
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the...
Monday 29 May 2023
VinFast recalls all 999 of its first SUVs shipped to the US
Vietnam's electric-car maker VinFast recalled all 999 of its initial sport utility vehicles shipped to the US over malfunctioning software that can lead the main screen to go blank...
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...
Friday 26 May 2023
Taiwan self-driving technology passes open-field test at Taoyuan Airport
Taiwan's self-driving technology has achieved a significant breakthrough as the government-funded Industrial Technology Research Institute (ITRI) has just successfully completed a...
Friday 26 May 2023
LG Electronics commences EV charger production, aiming to expand in global market
LG Electronics has reached a milestone in its charging business. Its majority-owned company, HiEV Charger, started producing EV chargers on May 24. Besides serving the domestic market,...
Friday 26 May 2023
Ford to equip EVs with built-in connector of Tesla Supercharger from 2025 onward
Ford Motor announced that its EV customers will be able to charge with Tesla Superchargers in the US and Canada next year. Moreover, Ford plans to integrate the connector of the supercharger...
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...
Wednesday 24 May 2023
Korea-based Hanon Systems to make in Georgia as IRA triggers investment wave in US
As the US keeps urging manufacturers to invest through a series of initiatives, including the Inflation Reduction Act (IRA), South Korea-based EV and parts suppliers are accelerating...
Tuesday 23 May 2023
Ford's new electric SUV won't compete with other carmakers, CEO says
Ford Motor Co., which is spending $50 billion building an electric-vehicle business, doesn't fear the two EV-market leaders, Tesla Inc. and China's BYD Co.
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Global server shipment forecast and industry analysis, 2022
China vendors see smartphone shipments down on year in 4Q22 and 1Q23, says DIGITIMES Research
DIGITIMES Research expects shipments of 2.5–3 million units for upcoming MacBook Air in 2023
China battery makers to enjoy boom in upcoming years thanks to energy-storage demand, says DIGITIMES Research