CONNECT WITH US
NEWS TAGGED VEHICLE NEWS
Wednesday 2 August 2023
Unified EV charging specs in US to spur EV penetration, yet unlikely to determine infrastructure market development
Ford and General Motors (GM) have successively adopted the North American Charging Standard (NACS) developed by Tesla, paving the way for the unification of fast charging specs in...
Tuesday 1 August 2023
Toyota reports improved margins, will accelerate EV development in China
Increased vehicle sales helped Toyota's profits in the April to June period. The automaker saw its operating income grow by 93.7% from 2022 to JPY1.12 trillion (US$7.86 billion)....
Monday 31 July 2023
Chinese firms are seeking Korean partners to skirt US EV rules
Chinese firms are lining up to invest in South Korea's battery industry because they want to use it as a gateway to the US market, undermining the Biden administration's efforts to...
Monday 31 July 2023
Formosa Smart Energy battery cells to enable electric buses, energy storage systems
Formosa Plastics Group is accelerating its transition to the new energy industry. Its subsidiary Formosa Smart Energy has launched its battery production business, aiming to support...
Friday 28 July 2023
Ford blames EV price war for delay in plans to boost output
Ford Motor Co.'s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a price war for battery-powered vehicles.
Friday 28 July 2023
CCS1 still surviving despite aggressive Tesla NACS penetration in US, according to DIGITIMES Research
Tesla has seen its North American Charging Standard (NACS) gaining traction after winning Ford over two months ago. However, DIGITIMES analyst Evan Chen said Combined Charging System...
Thursday 27 July 2023
VW-Xpeng deal is evidence of China's growing EV dominance
German auto giant Volkswagen AG's $700 million investment in Xpeng Inc. is a vote of confidence in the electric-vehicle upstart and the latest sign of how rapidly China is starting...
Thursday 27 July 2023
Foreign automakers face challenges growing AI capabilities in China
Tesla has started allowing transfers of its Full Self-Driving (FSD) technology in China within a limited time to encourage customers to buy a new car. However, many FSD features have...
Wednesday 26 July 2023
Nissan to invest $663 million in renault EV unit as alliance rejigged
Nissan Motor Co. has finalized plans to invest in Renault SA's electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
Wednesday 26 July 2023
Top battery-maker CATL's profit soars 63% amid EV sales boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.'s quarterly profit soared, powered by rising electric-vehicle sales globally and stabilizing prices of key materials...
Wednesday 26 July 2023
Renewable energy will account for 10% of Taiwan's electricity supply in 2023
Taiwan has seen its electricity consumption grow as the semiconductor industry thrives and more Taiwanese businesses transfer investment back to their home turf. Mei-Hua Wang, minister...
Wednesday 26 July 2023
GM raises full-year guidance for the second time, will bring back Chevy Bolt EV
Strong sales in the first half of 2023 prompted General Motors to raise its 2023 guidance again. The company aims to reach between US$12 billion and US$14 billion in earnings before...
Tuesday 25 July 2023
BYD widens lead over Volkswagen as China's top-selling car brand
BYD Co. extended its lead over Volkswagen AG as China's top-selling automaker, with its wide range of electric vehicles proving hugely popular among local buyers.
Tuesday 25 July 2023
China, Germany in opposite situations as EV subsidies phased out
Some countries have started to phase out subsidy programs for EVs after years of promotion. The situation has created dramatically different results in China and Germany. The former...
Tuesday 25 July 2023
Stellantis, Samsung SDI to build second EV battery plant in the US
Stellantis and its battery partner Samsung SDI will build a second plant in the US to support the carmaker's EV ramp-up. The facility is expected to begin production in 2027. In addition,...