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Thursday 4 January 2024
AUO and Innolux boost 2024 automotive display revenue; new technologies at CES 2024
The automotive display market has been robust, and the 2024 automotive revenue of AU Optronics (AUO) and Innolux is expected to reach NT$60 billion (US$1.93 billion) and NT$50 billion...
Thursday 4 January 2024
LEV industry eyes 2H24 recovery as inventory adjustments end
After a year of inventory adjustments, the Light Electric Vehicle (LEV) industry holds a bright forecast for 2024. According to LEV battery module maker AES-KY, the industry is already...
Wednesday 3 January 2024
Indian EV sales surge moderates in 2023, yet remains explosive
Official data shows that electric vehicles (EVs) accounted for more than 6% of vehicle sales in India in 2023, with electric two-wheelers (E2Ws) constituting over half of the marke...
Wednesday 3 January 2024
SK On to see EV battery production capacity grow by 70% in 2024
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
Wednesday 3 January 2024
China consolidates rare earth industry amid falling market share in production
In an era when rare earths are required for major green technologies, China consolidated its rare earth industry, as the dominant provider saw its rare earth production share drop...
Wednesday 3 January 2024
BYD beats Tesla in 4Q23 BEV sales
The world's two largest EV makers, Tesla and BYD, achieved record sales in the fourth quarter of 2023. BYD even dethroned its US competitor with a passenger battery EV sales volume...
Wednesday 3 January 2024
Japan, China surge into automotive SoC development
Japanese automakers, component suppliers, and their IC design service partners have reportedly formed an alliance to encourage the development of local automotive SoCs in Japan. Sources...
Tuesday 2 January 2024
Suppliers take different approaches to grow AC, DC charging markets
Charging infrastructure deployment and management create new opportunities for businesses as EVs rise. Some Taiwan-based technology companies have expanded to the charging segment,...
Tuesday 2 January 2024
Japanese carmakers see battery EV sales increase while far below targets
The battery EV sales of Japan-based automakers grew in 2023, but the growth rate did not meet their expectations. These companies have been developing all-solid-state batteries to...
Tuesday 2 January 2024
Delta Electronics says Thailand become desirable for EV industry investment
As ASEAN's largest car manufacturing country, Thailand has been transitioning to EVs to comply with national policies. Many companies that intend to enter the EV sector plan to invest...
Tuesday 2 January 2024
China sees two EVs powered by sodium-ion batteries rolled off production lines
The world's largest automotive market recently welcomed two sodium-ion-battery-powered EVs. Both cars offer a driving range of about 250 kilometers. Whether the vehicles can become...
Friday 29 December 2023
Samsung-owned Harman expected to reach over KRW1 trillion operating profits in 2023
In 2016, Samsung Electronics purchased Harman International, a US-based audio electronics company, at US$8 billion. Seven years later, Harman will likely see its operating profits...
Friday 29 December 2023
Japanese car and semiconductor companies form an alliance for automotive chiplet research
Twelve Japanese automakers, component manufacturers, and semiconductor companies have formed an alliance for the research and development of advanced automotive chips, aiming to produce...
Friday 29 December 2023
Mixed developments in car market could benefit power components supplier Actron
Competition from low-emission cars is set to slow the penetration of electric vehicles (EV) in 2024, and such a development could promise substantial opportunities for power components...
Thursday 28 December 2023
Xiaomi unveils its first EV, with ambition to be China's Porsche or Tesla
The billionaire co-founder of Xiaomi Corp. unveiled the company's first electric vehicle Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete...