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NEWS TAGGED EV
Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's...
Wednesday 19 March 2025
Sunwoda invests US$1 billion to build Thailand's first EV battery plant
Thailand has approved a more than US$1 billion investment by Sunwoda Electronic to build an electric vehicle (EV) battery plant in the country, marking Sunwoda as the first EV battery...
Tuesday 18 March 2025
BYD unveils EV battery system that charges in five minutes
BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.
Tuesday 18 March 2025
Aeon Motor reports impressive growth and plans major expansion into new energy markets
Aeon Motor's global market growth, production optimization, and new energy product strategy led to significant financial gains. In the fourth quarter of 2024, revenue was NT$483 million...
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction...
Tuesday 18 March 2025
Tesla offers free one-month FSD trial in China amid market woes
With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free...
Tuesday 18 March 2025
Demand for Chinese autonomous vehicle brands rises, fueling supply chain growth momentum
According to the China Association of Automobile Manufacturers, China's automobile export volume reached 5.859 million units in 2024, representing a year-over-year increase of 19.3%...
Tuesday 18 March 2025
Edge AI to present bigger opportunities, says YS Tech
The development of edge AI, driven by DeepSeek, has garnered attention and created opportunities for new suppliers aiming to position themselves in the AI servers market. YS Tech,...
Tuesday 18 March 2025
US EV market faces slowdown as hybrids gain traction
The US electric vehicle market is losing momentum as policy shifts under President Donald Trump reshape incentives and supply chains. While battery electric vehicle (BEV) sales continue...
Tuesday 18 March 2025
Samsung SDI to raise US$1.38 billion for Hungarian plant expansion and solid-state battery investment
Samsung SDI, a subsidiary of Samsung Electronics, has announced plans to conduct a paid capital increase of KRW2 trillion (US$1.38 billion) to expand its Hungarian factory and invest...
Monday 17 March 2025
Formosa Smart Energy unveils Taiwan's largest battery cell plant, eyes Southeast Asian expansion
Formosa Smart underscores its ambitions to position Taiwan as a regional battery hub. Chairman Sandy Wang called the facility Taiwan's largest battery cell factory, with plans to...
Monday 17 March 2025
Foxconn remains committed to global expansion and exploring new markets
Manufacturers are currently facing enormous challenges as a result of global geopolitical tensions and the tariffs that follow. In reaction to probable tariff effects and Foxconn's...
Monday 17 March 2025
Caught between US-Sino tech crossfire, Tesla deepens Baidu ties
Escalating trade tensions under President Trump's new tariff regime are forcing Tesla to recalibrate its China strategy, with deeper Baidu partnerships emerging as a crucial lifeline...
Monday 17 March 2025
Auto industry in flux: Foxconn emerges as wildcard in global restructuring
The global auto industry is in flux, reshaped by advances in automotive electronics and electrification alongside the rise of Chinese EV makers. Traditional supply chains in Europe,...
Monday 17 March 2025
Lack of domestic car brands hamstrings Taiwan auto parts suppliers in pricing power
Taiwan has a robust automotive components industry, but the absence of domestic car brands has long been a missing piece in the puzzle. This structural gap weakens the industry's...