About 30% of existing carmakers will face elimination from the market in 2030 due to a failure to transform their business, according to Calvin Lee, managing director of Sime Darby...
BYD Co. extended its lead over Volkswagen AG as China's top-selling automaker, with its wide range of electric vehicles proving hugely popular among local buyers.
Stellantis and its battery partner Samsung SDI will build a second plant in the US to support the carmaker's EV ramp-up. The facility is expected to begin production in 2027. In addition,...
Thailand is on track to be the EV hub in Southeast Asia. According to research firm Counterpoint, Thailand accounted for 78.7% of the battery EV sales in the region in the first quarter...
Amid concerns about China's investments, India reportedly rejected a US$1 billion proposal by BYD to set up an EV plant, and equity investments from China into India are expected...
China's electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts say the rally may run further thanks to a stronger...
BYD is set to expand its silicon carbide (SiC) epitaxy capacity by 50% in 2023 and has already begun installing equipment with the production lines to be fully completed by September...
Following reports saying that Tesla is talking with the Indian government about making cars in India, BYD, the arch-rival of Tesla in the global EV market, is reportedly eyeing forming...
China-based BYD accelerates its expansion in emerging markets. The EV company announced with the Bahia state government of Brazil a plan to construct an industrial complex for EVs...
China, the world's largest battery producer, has seen changes in demand. Energy storage is taking up more battery usage while EVs, especially plug-in hybrid EVs, also require increasing...
China-based Jade Bird Display (JBD) has quickly progressed its development of microLED technology and has completed two rounds of strategic funding, with investments from BYD, Geely,...
Auto vendors have resumed pulling in orders, although it is still unclear how the recovery will develop, according to sources at channel distributors in China.
Aligning with its goal of rolling out next-generation EVs in 2026, Toyota is working on equipping the new models with all-solid-state batteries as early as 2027. Chinese automaker...
China, the world's largest EV market, is expected to keep its tax incentives to maintain the momentum. The purchase tax break for new energy vehicles (NEV) will likely remain after...
