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Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese market.
Monday 22 April 2024
Honda will utilize cheaper steel vehicle bodies to counter China-made EVs
Reducing production costs has been a major task for carmakers as a price war persists in the EV market. According to Nikkei, Honda Motor is trying to produce integrated vehicle bodies with cheaper steel through collaboration with Europe-based steel maker ArcelorMittal.
Thursday 18 April 2024
NXP unveils a groundbreaking SDV platform, but can it disrupt the global car market?
NXP, one of the world's top five automotive chip IDMs, recently launched the S32 CoreRide open platform for software-defined vehicles (SDV). Supply chain sources said software companies that join the platform account for 70% to 80% of the global automotive firmware and middleware market, which is the product's highlight.
Tuesday 16 April 2024
Tesla cuts FSD subscription fees in half in North America
EV manufacturer Tesla saw its first-quarter sales in 2024 fall short of expectations. Recently, it slashed the price of its Full Self-Driving (FSD) subscription in the US and Canada in half, dropping the monthly subscription price from US$199 to US$99, according to reports.
Tuesday 16 April 2024
Tesla will reduce over 10% global headcount as it awaits the next growth driver
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery for the first quarter of 2024 amid soft EV demand.
Friday 12 April 2024
South Korean researchers put the solid in solid-state batteries
A solid-state battery research project supported by the South Korean government has discovered methods to enhance the stability of solid-state batteries. The discoveries will reportedly promote the development of safer battery systems and the team's results have been published in the online edition of the academic journal ACS Energy Letters.
Friday 12 April 2024
Panasonic, Indian Oil to storm Indian EV market with battery joint venture
Panasonic making inroads into the automotive battery market.
Thursday 11 April 2024
Tesla's FSD endeavor faces obstacles in China
Opinions diverge on whether Tesla's vehicles with Full Self-Driving (FSD) capabilities will enter the Chinese market this summer as planned.
Wednesday 3 April 2024
Suppliers more optimistic about Huawei's car business than Xiaomi's. Why?
Chinese tech behemoths are expanding their territories to the automotive sector, stirring the market. Taiwan-based suppliers play a critical part in these companies' car ventures. They have more confidence in Huawei's long-term success compared to Xiaomi.
Tuesday 2 April 2024
Kiwibot acquires Taiwan IC developer to protect robot cybersecurity
US autonomous delivery robot startup Kiwibot Company announced on April 2 to acquire Taiwan-headquartered AUTO Mobility Solutions Co. Ltd., a rare strategic move for a startup, not to mention the acquisition is targeted at the semiconductor level.
Tuesday 2 April 2024
Xiaomi EV sheds light on issues of Apple's car project
Two pieces of news regarding smartphone makers-turned-car producers stood out in the first quarter of 2024: Apple reportedly canceled its vehicle project, and Xiaomi rolled out its first EV.
Monday 1 April 2024
Is vehicle data the real ambition behind Xiaomi's auto market entry?
Xiaomi finally launched its first EV, the SU7.
Friday 29 March 2024
Nissan strengthens partnership with Renault, plans joint exploration of Indian market
Nissan and Renault execs traveled together to India.
Friday 29 March 2024
Targeting Tesla Model 3, Xiaomi's first EV stirs up intense Chinese market
Xiaomi secured 50,000 firm orders for its first electric sedan, SU7, 27 minutes after it began receiving orders on the night of March 28.
Friday 29 March 2024
Hyundai will invest KRW68 trillion to boost EV competitiveness
Hyundai Motor Group announced on March 27 that it aims to invest KRW68 trillion (US$51 billion) in South Korea until the end of 2026.
Thursday 28 March 2024
US Treasury Secretary Yellen has an EV subsidy bone to pick with China
The US does not want to retaliate, Yellen said.
Wednesday 27 March 2024
China calls shenanigans on US EV policy, complains to WTO
The EU is following the US example.
Monday 25 March 2024
Taiwanese III-V semiconductor foundries gain traction among auto LiDAR tier-1s
Carmakers worldwide have rolled out vehicles with advanced driver assistance systems (ADAS). Taiwan-based III-V semiconductor suppliers said as the adoption of ADAS and autonomous driving technology increases, the automotive LiDAR market will continue to expand and become a new driver for their growth.
Monday 25 March 2024
Send Taiwan's electric buses overseas, says Mobiletron
Global bus sales are expected to reach 170,000 units in 2029.
Friday 22 March 2024
Biden bows to automaker pressure, phones in EV adoption
US EV adoption goals just became a lot more modest.
Thursday 21 March 2024
Hackers can turn your EV into a deadly weapon
Just when you thought it was safe to get back in the EV.
Thursday 21 March 2024
Semco likely to mass-produce new auto camera modules ahead of LG Innotek
Samsung Electro-Mechanics (Semco) is expected to begin volume production of its new-generation automotive camera modules in 2024.
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.
Thursday 21 March 2024
India's EV industry threatens explosive growth
India is set to become an EV maker's Klondike.
Wednesday 20 March 2024
Nvidia's new generative AI-focused car computer gains Chinese EV adoptions
Nvidia founder and CEO Jensen Huang announced on GTC 2024 that many companies have adopted its DRIVE Thor centralized car computer to power fleets, including new energy vehicles, trucks, robotaxis, self-driving buses, and last-mile autonomous delivery vehicles.
Research Report Database
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