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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.
Friday 15 March 2024
Nio partners with CATL to develop long-life batteries, will launch second brand in May
China-based emerging EV maker Nio announced on March 14 that it will team up with CATL to work on long-life EV batteries to support its battery swapping services. Nio also confirmed...
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.
Monday 29 January 2024
High-end EVs have been safe harbor for automotive suppliers as market slows
While demand for EVs has softened, drivetrain components and car interior parts suppliers said they will not stop developing new products for EVs. Many companies focus on the high-end...
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...
Tuesday 19 December 2023
Nio secures another US$2.2 billion investment from Abu Dhabi's CYVN
China-based Nio announced on December 18 that it has entered a share subscription agreement with Abu Dhabi-based CYVN Holdings. CYVN plans to invest US$2.2 billion in the EV maker,...
Friday 15 December 2023
Zeekr's self-developed battery offers 500km range with 15-minute charging
China-based EV company Zeekr unveiled a self-developed battery on December 14. Zeekr said the LFP battery can provide a driving range of 500 kilometers with a 15-minute charge.
Wednesday 13 December 2023
Chinese automakers step up in-house lithium battery development
Chinese automakers are investing in the self-development and manufacturing of lithium batteries, which is gradually generating results, according to industry sources.
Thursday 7 December 2023
EV maker Nio considers more job cuts after shedding 10% of staff
Unprofitable Chinese electric carmaker Nio Inc. may undertake further job cuts to reduce costs and improve efficiency, people familiar with the matter said, just weeks after the company...
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 6 December 2023
Nio on track to become government-approved vehicle maker in China
China's Ministry of Industry and Information Technology has listed locally-based EV company Nio in a vehicle manufacturer's information management system. The company is rumored to...
Friday 1 December 2023
Nio adds Geely as battery-swapping ecosystem partner
China-based EV company Nio secured a partnership with another traditional carmaker in China. Nio signed a strategic cooperation agreement with Geely Holding on November 29 for battery...
Tuesday 21 November 2023
EV maker Nio partners with Changan Auto on battery swapping
Electric-vehicle maker Nio Inc. and Chongqing Changan Automobile Co. signed an agreement to cooperate on battery swapping, the latest in a trend of Chinese EV upstarts partnering...
Monday 6 November 2023
Nio to optimize efficiency by cutting 10% positions, reducing projects
China-based EV company Nio announced an organizational optimization plan to better position itself in the highly competitive Chinese EV market. It plans to reduce 10% of the positions...
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Summary of Tech Supply Chain News!
Taiwan foundry industry revenues to slip in 1Q24 before rising in 2Q24, says DIGITIMES Research
Research Insight: Intel obtains subsidies but faces challenges
South Korea-based makers lead transparent display as China-based competitors ramp up Inkjet investments, according to DIGITIMES Research