Friday 12 April 2024
Volkswagen invests EUR2.5 billion in China to boost innovation, jointly-built EVs with Xpeng
Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and...
Thursday 21 March 2024
Verbal jabs at China EV 100 Forum reflect complex atmosphere among carmakers
Chinese automotive executives hurled jabs at each other during the recent EV Forum.
Monday 26 February 2024
Li Auto CEO Li Xiang schools the Chinese government on US auto history
Li Auto CEO Li Xiang has urged Beijing to establish a system for automotive mergers and acquisitions.
Tuesday 20 February 2024
BYD chairman summarizes three trends in China's EV market this year
China-based EV makers are expected to remain the front-runners in 2024. Wang Chuanfu, BYD's chairman and president, said China's EV penetration rate will continue to grow this year,...
Wednesday 17 January 2024
BYD Plans $14 Billion Investment in Smarter Car Features
BYD Co., the world's largest maker of electric vehicles, will invest 100 billion yuan ($14 billion) to develop smart-car features, its founder and chief executive officer said Tues...
Friday 29 December 2023
NIO's chip advancement sparks rivalry in the Chinese EV sector
In the surge of China-based automakers venturing into chip self-development for electric vehicles, EV firm NIO has strategically debuted its inaugural in-house designed AD chip, the...
Thursday 28 December 2023
Suppliers should gain resilience, cautious about the rise of Chinese EV makers
The emergence of China's homegrown automakers and EV companies has dramatically changed the world's largest car market. These companies have scaled up rapidly with the support from...
Thursday 7 December 2023
Will lithium carbonate cost slump cut EV prices?
Battery-grade lithium carbonate prices have dropped from CNY600,000 (US$84,363) per tonne in November 2022 to the current value of CNY150,000, a decline of over 70%. Since batteries...
Wednesday 29 November 2023
Shifting gears: dynamics of investment in EV production and supply chains in the global automotive landscape
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
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
Nio, Xpeng, Li Auto grow SiC adoption in EVs to gain traction
China-based automakers have announced their September sales. Emerging EV companies like Nio, Xpeng and Li Auto saw themselves on different growing paths. However, all three carmakers...
Friday 13 October 2023
Xpeng CEO visits VW Germany as electric car partnership deepens
Xpeng Inc.'s boss He Xiaopeng met with Volkswagen AG executives in Germany recently, offering a bullish update on its partnership with Europe's biggest automaker.
Monday 18 September 2023
XPeng's $31 billion gap shows hazy China EV outlook
The biggest debate for sell-side analysts covering Chinese equities these days centers around a $31 billion question: what is the outlook for XPeng Inc. The divide is sending shares...
Tuesday 29 August 2023
Xpeng to buy Didi's smart EV project, entering mass market in 2024
China-based EV company Xpeng announced that it will acquire the smart EV project of Didi Global, a local ride-hailing leader. Xpeng also said it aims to launch a new vehicle model...
Wednesday 23 August 2023
Chinese startup Momenta reportedly recruits Oppo's disbanded chip design team to develop sef-driving ICs
China's autonomous driving startup Momenta reportedly has recruited the Oppo-disbanded Zeku chip design team to support its in-house chip development, and has also partnered with...
Summary of Tech Supply Chain News!
Taiwan IPC makers pushing integrated services to boost profits and to see revenues grow in 2024, says DIGITIMES Research
Global smartphone shipments hit 2023 peak in 4Q23, but decelerate in 1Q24 due to seasonality, says DIGITIMES Research
Meet the analyst: Operating system in AI era will be king, says DIGITIMES Research