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Monday 18 March 2024
Foxconn highlights five growth pillars for 2024
Foxconn (Hon Hai) will see its revenue growth momentum for 2024 come from five main development axes – namely AI servers, three major smart platforms, Electrical Vehicles (EVs),...
Friday 15 March 2024
China urges EV makers to buy local chips as US clash escalates
The Chinese government has quietly asked electric vehicle makers from BYD Co. to Geely Automobile Holdings Ltd. to sharply increase their purchases from local auto chipmakers, part...
Friday 15 March 2024
US injects US$1b into Philippines' tech and EV sectors, aims to double chip production
US Commerce Secretary Raimondo recently announced a US$1 billion investment into the solar, EV, telecom, and digitalization sectors of the Philippines during her visit to the count...
Friday 15 March 2024
Nissan and Honda eye partnership in EV race
In a bid to navigate the increasingly competitive landscape of electric vehicle (EV) transition, Japanese automotive titans are showing signs of forging strategic partnerships.
Friday 15 March 2024
Nio partners with CATL to develop long-life batteries, will launch second brand in May
China-based emerging EV maker Nio announced on March 14 that it will team up with CATL to work on long-life EV batteries to support its battery swapping services. Nio also confirmed...