The European automotive supply chain encountered significant hurdles in 2024 as electrification demand fell short of expectations, leading to low investment returns and widespread...
Taiwan-based Hiroca Automotive Trim Corporation, a supplier of automotive interior and exterior trim parts, is actively diversifying its operations to reduce dependence on the highly...
China's automotive sector is witnessing a strategic shift from new energy vehicles to intelligent driving technology in 2024. At the forefront of this transformation is Huawei, whose...
China's electric vehicle (EV) sector sparked to life in 2014, marked by the emergence of pioneering startups like NIO, Li Auto, and XPeng Motors. In the five years that followed,...
Major tier-1 automotive suppliers in Europe and the US are conducting layoffs amid disappointing electric vehicle (EV) demand, potentially creating opportunities for their Asian counterparts...
NXP Semiconductors maintains an optimistic outlook for the electric vehicle market, emphasizing that new entrants in the automotive manufacturing industry are driving market expansion...
Following the Bureau of Industry and Security's (BIS) addition of over 100 Chinese companies to its entity list, China's four major associations for automobiles, internet, semiconductors,...
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
The automotive industry faces unprecedented upheaval as traditional manufacturers from Europe, the US, Japan, and South Korea confront economic headwinds and weakening electric vehicle...
India is eager to establish a robust local EV manufacturing ecosystem, driven by the growing adoption of low-carbon vehicles in global markets. However, official data reveals a lack...
Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...
The European automotive supply chain faces deepening turmoil, with industry giants like Bosch, Valeo, and Ford announcing extensive layoffs. These developments underscore the ongoing...
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
The landscape of the three key new energy vehicle (NEV) markets—China, Europe, and the US—will undergo dramatic changes in 2025. Price competition is expected to continue,...
