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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...
Tuesday 2 April 2024
Chinese EV radiator suppliers see profits diminish as price war persists
China remains a critical car market while a reshuffle has been underway. Several suppliers who had focused on safety components entered the EV radiator segment per customers' requests,...
Monday 1 April 2024
Auto semiconductor demand to recover in 2Q24
Automotive semiconductors will see an improved market in the second quarter of 2024 after experiencing a market bottom and a slow season. However, the situations will vary in different...
Monday 1 April 2024
Taiwan Microloops sees 20% growth in sales due to hot demand for cooling module
Cooling module manufacturer Taiwan Microloops Corp. expects its revenues in 2024 will increase by 20%, thanks to the demand for AI PCs and AI servers.
Monday 1 April 2024
Is vehicle data the real ambition behind Xiaomi's auto market entry?
Xiaomi finally launched its first EV, the SU7.
Monday 1 April 2024
Suzuki joins Japan's auto SoC alliance as government reportedly to offer subsidy
Suzuki Motor has become the latest member of Japan's Advanced SoC Research for Automotive (ASRA).
Monday 1 April 2024
Jun Seki replaces Jack Cheng to become Foxconn-backed MIH CEO
MIH Consortium, an open EV platform initiated by Foxconn, announced on March 30 that Jun Seki, Foxconn's chief strategy officer for EVs, will become its new CEO starting April 1....
Monday 1 April 2024
BYD reviewing suppliers' production capacity invites market suspicions
BYD maintains a leading position in the fierce Chinese market as it grows overseas.
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
Battery material supplier Aleees signs new customers in automotive sector
Advanced Lithium Electrochemistry (Aleees), a Taiwan-based provider of LFP battery materials and IP licensor, has expanded its customer base to include automakers in Europe, the US,...
Friday 29 March 2024
HUD to prevail in cars in 5 years, says Hyundai Mobis
South Korean automotive component supplier Hyundai Mobis believes projected Head-Up Displays (HUD) will become mainstream within the next five years.
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.
Friday 29 March 2024
PCB makers see high demand for satellite, auto applications
According to industry sources, PCBs for satellite communication and automotive applications are in high demand, prompting Taiwanese PCB makers to scale up their production capacity...
Thursday 28 March 2024
Carmakers' shift from EV-only to EV-first will influence parts supply chain
In 2020, the rapid growth of EV sales, especially Battery EVs (BEVs), and market share prompted European automakers to develop chassis dedicated to BEVs.