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Tuesday 9 April 2024
Hyundai and Kia partner with India-based Exide for EV batteries
Hyundai Motor and Kia announced a partnership with Exide Industries to source locally-made lithium-ion cells for EVs sold in India. The announcement came as global EV brands, such...
Monday 8 April 2024
LGES, GM commence second joint battery plant under over-capacity pressure
Ultium Cells, a battery joint venture between LG Energy Solution and General Motors, has started production at its second plant in Tennessee, the US. The first product has been delivered...
Monday 8 April 2024
Foxconn on track for revenue growth in 2Q24
Foxconn (Hon Hai Technology Group) is on track to generate sequential and on-year revenue growth in the second quarter of 2024, according to the Taiwan-based contract electronics...
Monday 8 April 2024
Amid US-China spat, new opportunities for Taiwan-based battery material suppliers
Prices have dropped for nickel and lithium, key materials used in batteries for Electric Vehicles (EV), as growth in the EV market has slowed. Even as suppliers begin to reduce production,...
Monday 8 April 2024
Why do quake-ridden Taiwan and Japan thrive in semiconductor industry?
After the 7.4 magnitude earthquake hit northeastern Taiwan, TSMC's speedy recovery to resume operation on the late evening of April 5 demonstrated the resilience and flexibility of...
Monday 8 April 2024
Xiaomi EV creates catfish effect, revealing next-level competition in Chinese auto market
Xiaomi secured over 88,000 orders for its SU7 vehicle 24 hours after the launch.
Monday 8 April 2024
Urban air mobility ready for takeoff but huge infrastructure challenges remain
UAM is poised to revolutionize transportation.
Monday 8 April 2024
Tesla reportedly to scout land for EV manufacturing facility in India
Weeks after India lowered its basic customs duty for imported Electric Vehicles (EVs) to encourage importers to make EVs in India, Tesla is reportedly scouting for lands in three...
Monday 8 April 2024
Japanese Prime Minister visits JASM fab in Kumamoto
Japanese Prime Minister Fumio Kishida visited Japan Advanced Semiconductor Manufacturing (JASM), a Taiwan Semiconductor Manufacturing Company (TSMC) subsidiary in Kumamoto, Kyushu,...
Monday 8 April 2024
US and Japan to rule out dependence on China
The US and Japan will discuss negotiating with like-minded partners.
Wednesday 3 April 2024
Tesla's China market share is shrinking, compounding global woes
As Tesla Inc. grapples with a global slowdown in EV demand that contributed to its largest-ever quarterly sales href="https://www.bloomberg.com/news/articles/2024-04-02/tesla-sales-miss-in-first-year-over-year-drop-since-pandemic"...
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...
Wednesday 3 April 2024
Ferrari deepens relationship with sole battery provider SK On
South Korean battery manufacturer SK ON and Italian sports car brand Ferrari have expanded their collaboration to innovate in battery technology.
Wednesday 3 April 2024
Volocopter poised to make history with electric air taxis in Paris
As the world's attention turns to Paris for the 2024 Summer Olympics, Volocopter, a German aviation company, is gearing up to make history by launching their electric air taxi service...
Wednesday 3 April 2024
Tesla sees 1Q24 delivery drop while reclaiming top BEV seller title
Tesla announced lower-than-expected first-quarter deliveries on April 2.