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Thursday 25 April 2024
Tesla earnings call leaves more questions to the market
Tesla reported unsatisfactory financial results for the first quarter of 2024, as expected.
Wednesday 24 April 2024
China approves US listing for self-driving firm in easing sign
China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for an increase in Chinese tech initial public offerings in New York after a more than...
Wednesday 24 April 2024
Self-driving chips to draw attention at Beijing auto show
Self-driving chips are expected to be a focal point at the forthcoming Beijing International Automotive Exhibition.
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Monday 22 April 2024
Honda will utilize cheaper steel vehicle bodies to counter China-made EVs
Reducing production costs has been a major task for carmakers as a price war persists in the EV market. According to Nikkei, Honda Motor is trying to produce integrated vehicle...
Thursday 18 April 2024
NXP unveils a groundbreaking SDV platform, but can it disrupt the global car market?
NXP, one of the world's top five automotive chip IDMs, recently launched the S32 CoreRide open platform for software-defined vehicles (SDV). Supply chain sources said software companies...
Tuesday 16 April 2024
Tesla cuts FSD subscription fees in half in North America
EV manufacturer Tesla saw its first-quarter sales in 2024 fall short of expectations. Recently, it slashed the price of its Full Self-Driving (FSD) subscription in the US and Canada...
Tuesday 16 April 2024
Tesla will reduce over 10% global headcount as it awaits the next growth driver
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery...
Friday 12 April 2024
South Korean researchers put the solid in solid-state batteries
A solid-state battery research project supported by the South Korean government has discovered methods to enhance the stability of solid-state batteries. The discoveries will reportedly...
Friday 12 April 2024
Panasonic, Indian Oil to storm Indian EV market with battery joint venture
Panasonic making inroads into the automotive battery market.
Thursday 11 April 2024
Tesla's FSD endeavor faces obstacles in China
Opinions diverge on whether Tesla's vehicles with Full Self-Driving (FSD) capabilities will enter the Chinese market this summer as planned.
Wednesday 3 April 2024
Suppliers more optimistic about Huawei's car business than Xiaomi's. Why?
Chinese tech behemoths are expanding their territories to the automotive sector, stirring the market. Taiwan-based suppliers play a critical part in these companies' car ventures...
Tuesday 2 April 2024
Kiwibot acquires Taiwan IC developer to protect robot cybersecurity
US autonomous delivery robot startup Kiwibot Company announced on April 2 to acquire Taiwan-headquartered AUTO Mobility Solutions Co. Ltd., a rare strategic move for a startup, not...
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...
Monday 1 April 2024
Is vehicle data the real ambition behind Xiaomi's auto market entry?
Xiaomi finally launched its first EV, the SU7.