In a speech in January 2024, Toyota chairman Akio Toyoda said battery EVs (BEV) can only take up at most 30% market share, no matter how much the vehicle progresses. Hybrid EVs (HEV),...
Chinese EV maker BYD plans to increase investment in its Brazilian plant by over 80% to accelerate construction. The factory is located in the Bahia state, northeast of Brazil, and...
President Joe Biden said his $20 billion award to Intel Corp. demonstrated his investments in US industries that had withered under Donald Trump's tenure, touting a flurry of government...
SK Hynix recently began the liquidation of its Shanghai sales office, which was established in 2006. It is shifting its core business operations in China to the Wuxi site, where it...