With the rising penetration of new energy vehicles (NEV) in China, China-based automakers, such as BYD, SAIC, Nio, and Li Auto, are developing automotive chips to strengthen resilience...
MIH is an industry alliance led by Foxconn aimed at creating an open EV platform that provides solutions encompassing everything from prototypes to customized designs. There are 14...
China Association of Automobile Manufacturers (CAAM) recently organized automakers to publicly pledge to compete fairly, especially not setting abnormal pricing. Two days later, CAAM...
Zeekr cars will be available in Israel from the fourth quarter this year, marking the Chinese electric-vehicle brand's debut in the Middle East after a fresh foray into the Netherlands...
Battery maker LG Energy Solution and mining company SQM announced that they have agreed upon new lithium materials procurement that will last until 2029. The new agreement means LGES...
Demand for car components is transforming thanks to automotive electrification and widespread driver-assisted technologies. The situation has caused changes in the top automotive...
Europe's largest carmaker is developing self-driving expertise in the US. Volkswagen Group of America announced that it has started a pilot autonomous vehicle (AV) program in Austin,...
China plans to restrict the export of gallium and germanium-related items, which are used in semiconductor and EV products. Automaker Stellantis CEO Carlos Tavares said he does not...
Tesla Inc. and China's top automakers pledged to maintain fair competition and avoid "abnormal pricing" in the world's biggest EV market, signaling a possible end to a price war that's...
China-based BYD accelerates its expansion in emerging markets. The EV company announced with the Bahia state government of Brazil a plan to construct an industrial complex for EVs...
Ford's announcement about licensing China-based CATL's technology to build a battery plant in Michigan has drawn significant attention. Industry sources said the project seems to...
Shanghai-based SAIC Motor is poised to scale up in Europe. The automaker said on July 4 that it saw car sales outside China grow by 40% in the first half of the year, driven mainly...
China's new energy vehicle (NEV) industry reached the milestone of producing its 20 millionth car on July 3. Experts are optimistic about the market, saying NEV is the new driving...
Foxconn, the world's largest contract electronics assembler, has taken another step to scale up its EV ambitions. The company aims to invest close to US$250 million in producing EV...
EV giant Tesla announced on July 2 that it delivered 466,140 vehicles in the second quarter of 2023. The record result benefited from price cuts that the company has implemented since...
