Horizon Robotics has showcased its next-generation automotive processor, the Journey 6 series, which will power BYD's forthcoming New Energy Vehicles (NEV).

Supreme Electronics, an IC distributor specializing in memory chips, is targeting the Indian and Southeast Asian markets for electric scooter demand opportunities.

Self-driving chips are expected to be a focal point at the forthcoming Beijing International Automotive Exhibition.

India introduced a policy to lower the tariffs on imported EVs to attract global EV manufacturers to set up manufacturing facilities in the country. Still, despite a growing presence in the global EV market, China-based EV manufacturers may not benefit from India's latest policy.

The Beijing International Automotive Exhibition will return this week following a four-year hiatus due to the COVID-19 pandemic, with major car vendors and startups all raring to go.

The recent bickering between two Chinese Electric Vehicle (EV) vendors has highlighted the growing popularity of SiC power components.

Amidst a series of challenging developments, Tesla CEO Elon Musk's planned visit to India was anticipated as a potential morale booster for Tesla as well as for India.

Facing challenges like being outsold by BYD in New Energy Vehicle (NEV) sales and significant layoffs, Tesla has now been overtaken by another Chinese competitor in the Chinese market in the first quarter, according to recent data.

To prepare for the arrival of the V2X era, automotive component maker Coplus is gradually carrying out the plan to expand its product lineup to include exterior modifications for the entire vehicle. Smart automotive components such as AI-illuminated wheel rims, electronic rearview mirrors, AI shock absorbers, and more can be connected to vehicle systems or big data platforms via V2X to share data and information.

Taiwan-headquartered nFore has captured the attention of European and US automakers, with some visiting the company's site in private. The traction gained as carmakers found a significant portion of nFore's Digital Signal Processing (DSP) solutions when tearing down competitors' Telematics-Box (T-Box) and analyzing their software.

As silicon carbide (SiC) substrates continued to evolve toward larger sizes, the 200mm substrate has become a hotly contested technology field.

Elon Musk is scheduled to visit India and meet with Indian Prime Minister Narendra Modi. Global IC design houses speeded up investments in India by setting up global capability centers.

Micron Technology has qualified a full suite of its automotive-grade memory and storage solutions for Qualcomm Technologies' Snapdragon Digital Chassis, a comprehensive set of cloud-connected platforms designed to power data-rich, intelligent automotive services, according to the memory vendor.

Panasonic making inroads into the automotive battery market.

In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning India as an emerging EV production hub to prevent Chinese-made EVs from flooding the world.

Opinions diverge on whether Tesla's vehicles with Full Self-Driving (FSD) capabilities will enter the Chinese market this summer as planned.

Xiaomi secured over 88,000 orders for its SU7 vehicle 24 hours after the launch.

Weeks after India lowered its basic customs duty for imported Electric Vehicles (EVs) to encourage importers to make EVs in India, Tesla is reportedly scouting for lands in three Indian states for potential manufacturing EV plants.

Multiple Chinese media reported that prices of Silicon Carbide (SiC) substrate and epitaxy have fallen rapidly in recent months in China, as manufacturers from China and abroad are investing in production expansion.

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.

Xiaomi finally launched its first EV, the SU7.

Nissan and Renault execs traveled together to India.

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.

The US does not want to retaliate, Yellen said.

As India progresses in its Make-in-India initiative, particularly regarding semiconductor manufacturing, experts believe it will enter a period when investment begins to pick up.