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Wednesday 13 March 2024
Turvo strives for hydrogen fuel cell certification as market value rises to US$5.9 billion
Taiwan-based Turvo International, a precision metal parts provider, has been developing precision components for hydrogen fuel cells. Moreover, the company's new plant in Taichung...
Wednesday 13 March 2024
Pony.ai expands overseas operations with Luxembourg entry
Autonomous driving technology provider Pony.ai recently set foot in Europe as it signed an MoU with the government of Luxembourg. The tie-up came after the company expanded to South...
Wednesday 13 March 2024
Bike industry 2024 outlook: giant brands optimistic, component makers cautious
The global bicycle industry is navigating a divergent path towards recovery as Giant and Merida expressed optimism for a rebound in 2024, while e-bike component manufacturers remain...
Wednesday 13 March 2024
LGES, Qualcomm Technologies to develop BMS with 80X increase in computing power
Battery maker LG Energy Solution announced that it will collaborate with Qualcomm Technologies to work on advanced Battery Management System (BMS) diagnostic solutions for EV batte...
Wednesday 13 March 2024
Chinese EV battery firms to lose US tax incentives, place your bets for Japan, South Korea two-horse-race
The US is reportedly preparing to revise the Foreign Entities of Concern list (FEOC) under the Inflation Reduction Act (IRA) in 2025.
Tuesday 12 March 2024
Renesas delays pay raise and continues layoffs due to concerns about chip market
Japan-based automotive and industrial chip company Renesas has decided to push back a regular pay raise from April to October of this year.
Tuesday 12 March 2024
Western EV makers scaling back provides Chinese competitors challenges and opportunities
Slower demand for EVs has prompted European and US carmakers to delay their plans. Zhu Huarong, chairman of China-based Changan Automobile, said the situation will hamper Chinese...
Tuesday 12 March 2024
Visa hurdles threaten operations of South Korean-owned US factories
The shortage of H-1B work visas has become a major obstacle for South Korean companies to expand their manufacturing operations in the US. The South Korean government is actively...
Tuesday 12 March 2024
Tesla restarts Germany plant as power supply resumes
Tesla can produce vehicles at its Gigafactory near Berlin again after a production halt followed by a power sabotage a week ago. The company has been taking measures to restart the...
Tuesday 12 March 2024
Space battery pioneer Hitachi Zozen lands first all-solid-state-battery order
Hitachi Zozen has received its first commercial order for All-Solid-State Lithium-Ion Batteries (ASSLBs).
Monday 11 March 2024
CATL chairman says EV development will not proceed with smooth sailing
The European Union is on track to ban new petrol and diesel car sales starting in 2035. Robin Zeng, China-based CATL's chairman, said electrification and smart technology are the...
Monday 11 March 2024
BYD officials reportedly visit Mexican state for potential EV plant
Leading China-based EV maker BYD has reportedly sent a delegation to Jalisco, a Mexican state, to evaluate the possibility of building an EV plant there.
Monday 11 March 2024
Price reduction no longer benefits Tesla's China sales
At the beginning of 2023, Tesla cut its vehicle prices in China and ignited a price war. The company recently launched a similar sales campaign in the world's largest car market but...
Friday 8 March 2024
Leapmotor, Hesai form strategic partnership to accelerate smart driving solutions
China-based EV company Leapmotor signed a strategic collaboration agreement with LiDAR solutions provider Hesai Technology on March 7. Stellantis-backed Leapmotor said the partnership...
Friday 8 March 2024
Honda predicts cheap hydrogen solutions by 2030
Honda has said that hydrogen fuel costs will be down after five years.