In the first quarter of 2023, Tesla delivered a record high of 422,900 electric vehicles, with average monthly sales of approximately 140,000 units. However, in March 2023, BYD's...
Tesla's disclosure of intention to reduce use of SiC in its electric vehicles (EV) by 75% has sent shock waves across the supply chain, with many companies assessing all possible...
Toyota has revealed plans to scale up its battery EV business. The automaker aims to roll out 10 new BEV models by 2026, achieving 1.5 million vehicle sales annually. In 2025, it...
As Huawei has come under US sanctions, it is therefore difficult for automakers in Europe, the US and Japan to choose Huawei as a main supplier, said Richard Yu, the company's executive...
South Korea will provide 7 trillion won ($5.3 billion) of financial support over the coming five years for local battery makers that are seeking to build plants in North America,...
A partnership focusing on improving in-vehicle experience has been formed. According to Nikkei Asia, Panasonic, Stellantis, and Amazon will develop an interior control system...
The shortage of automotive chips, which has lasted for over two years, is finally seeing some relief. However, global automotive sales in 2022 stayed roughly in line with 2021. Even...
The server sector is currently laying low to prepare for a big leap in the future. Quanta, which has been making double-digit delivery estimates every year, has downgraded its outlook...
The US Treasury Department released the Critical Minerals and Battery Components Requirements last week, specifying rules about sourcing battery materials locally. Several automotive...
The United States, the European Union (EU), and China are developing their domestic electric car industries through a series of bold tax incentives and subsidies. In contrast, South...
Ecopro Group, a battery materials maker that supplies Ford Motor Co. and Samsung SDI Co., plans to expand its manufacturing presence in South Korea, according to people familiar with...
The semiconductor shortages in the automotive industry have been persistent for three years now. In fact, the supply of microcontrollers (MCUs), microprocessors (MPUs), and insulated...
US automaker Ford made a battery material investment in Indonesia, a first for the company in Southeast Asia. The US$4.51 billion project is also joined by PT Vale Indonesia and Huayou...
Recently, a South Korean research team successfully developed an AI semiconductor that can be used in mobile devices and can increase speed and energy efficiency. This result is anticipated...
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