Hyundai Motor and its affiliate Kia view software as a crucial element of their future development. The pair targets China's fast-growing connected vehicle market and will collaborate...
The fierce price cuts persisting in China and other EV markets have burdened automotive suppliers. Japan-based Nidec, an electric motor drive technology provider, just scaled down...
Competition from low-emission cars is set to slow the penetration of electric vehicles (EV) in 2024, and such a development could promise substantial opportunities for power components...
The China car market remains caught in fierce price competition following Tesla in January slashing prices on its cars sold there, but the overall sales momentum is cooling down on...
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's...
BYD has reported strong sales growth for April, defying supply chain disruptions. In the same month, China's automobile production declined by half due to COVID lockdowns.
