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Thursday 8 May 2025
Geely bids to take Zeekr private at US$6.4 billion valuation
Billionaire Li Shufu is ramping up a push to streamline his sprawling business empire, with his Hong Kong-listed Geely Automobile Holdings Ltd. offering to take premium electric-car...
Thursday 8 May 2025
Tesla debuts LiDAR-free self-driving system in China as FSD awaits approval
Tesla has rolled out a new camera-based driver-assistance system in China while awaiting government approval for its Full Self-Driving (FSD) technology. Unlike most Chinese EV makers...
Wednesday 7 May 2025
Mitsubishi taps Foxconn-Yulon JV for EVs aimed at Oceania, production set for 2026
Mitsubishi Motors said on May 7 that it signed a memorandum of understanding (MOU) with Foxtron Vehicle Technologies—a joint venture between Foxconn and Yulon Motor—to...
Wednesday 7 May 2025
China EV makers hit the brakes on autonomy after fatal Xiaomi crash
The fatal crash involving a Xiaomi SU7 and three students has sparked nationwide backlash and triggered a fundamental shift in how Chinese automakers market self-driving technology...
Wednesday 7 May 2025
Nuvoton returns to profitability in 1Q25
Benefiting from advanced supply chain pull-ins amid tariff uncertainties, microcontroller unit (MCU) manufacturer Nuvoton Technology returned to profitability in the first quarter...
Wednesday 7 May 2025
EU eyes EUR100 billion of US goods with tariffs if talks fail
The European Union plans to hit about EUR100 billion (approx. US$113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result...
Wednesday 7 May 2025
China's Pony AI is Uber's latest robotaxi partner in Middle East
Robotaxi company Pony AI will partner with ride-hailing giant Uber Technologies Inc. to launch in the Middle East this year, as the auto industry's push into autonomous driving gathers...
Wednesday 7 May 2025
Tesla deepens China supply chain ties as 95% of Model Y parts are sourced locally
Tesla announced on May 6 that more than 95% of the parts used in every Model 3 and revamped Model Y produced at its Shanghai Gigafactory are sourced domestically, underscoring the...
Wednesday 7 May 2025
Computex 2025 kicks off with AI NEXT Forum, showcasing transformation innovations
The much-anticipated Computex 2025 kicked off on May 6, with the AI NEXT Forum, setting the stage for groundbreaking advancements in technology. Paul Peng, chairman of the Taipei...
Wednesday 7 May 2025
Apple confronts a multifaceted crisis as Tim Cook strives for solutions
Amid the escalating tariff war, Apple has been cast as its most prominent casualty. Yet, a closer examination of the company's recent financial disclosures reveals a performance that...
Tuesday 6 May 2025
Chunghwa Precision hits pause on Taoyuan fab expansion as tariff risks push pivot to AI test tech
Chunghwa Precision Test (CHPT) expects steady demand for high-performance computing (HPC) orders in the second quarter and is seeing increased momentum in automotive applications...
Tuesday 6 May 2025
Tariff sleight of hand: Auto sector calls bluff on Trump's parts 'exemption'
Just ahead of the May 3, 2025 rollout of a 25% auto parts tariff, US President Donald Trump announced a narrow exemption for select components. The move eliminated layered duties...
Tuesday 6 May 2025
BYD scores big in European PHEV market
The EU's anti-dumping duties on battery electric vehicles (BEV) imported from China are reshaping the European car market, accelerating the penetration of Chinese plug-in hybrid electric...
Tuesday 6 May 2025
Onsemi sharpens focus on cost control, portfolio streamlining, and SiC gains to navigate downturn
On May 5, On Semiconductor (Onsemi) reported a 22% revenue drop to US$1.45 billion in the first quarter of 2025, with margins squeezed by lower utilization and pricing pressures....
Tuesday 6 May 2025
Europe shunned plug-in hybrids. China sold them back
In early 2025, the European Union made a decisive pivot in its electric vehicle policy, throwing full support behind battery electric vehicles (BEVs) while pulling back on plug-in...