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Thursday 19 December 2024
China leads battery materials as South Korea's Posco Future M faces exit; Lotte eyes LFP mass production
China's battery materials sector is thriving, backed by government subsidies, low electricity costs, and cheaper labor, enabling aggressive investment. In contrast, South Korean firms,...
Thursday 19 December 2024
Chinese automakers weigh Nissan tie-up amid US market challenges
Chinese automakers, including NIO, XPeng Motors, BYD, and Taiwan's Foxconn, are reportedly exploring partnerships with cash-strapped Nissan, leveraging its global distribution networks...
Thursday 19 December 2024
SYM and ITRI join forces for hydrogen motorcycle milestone, advancing sustainable mobility
Taiwan's Sanyang Motor (SYM) and the Industrial Technology Research Institute (ITRI) have reached a significant milestone in their joint hydrogen fuel cell motorcycle project, successfully...
Thursday 19 December 2024
Nissan, Honda to discuss merger next week as Honda reportedly set to counter Foxconn's takeover attempt
Nissan and Honda, two of Japan's automotive giants, are set to hold merger talks on December 23, 2024. Renault, Nissan's largest shareholder and a French automotive leader, is reportedly...
Thursday 19 December 2024
Chinese aggressive EVs push unleash historic crisis for German, Japanese auto giants
Germany and Japan have built powerful automotive manufacturing industries over decades, establishing global dominance with brands like Toyota, BMW, Mercedes-Benz, Volkswagen, Nissan,...
Thursday 19 December 2024
Foxconn eyes stake in Nissan amid Honda integration talks
The landscape of Japan's automotive industry faces potential reshaping as Honda and Nissan explore integration possibilities, complicated by Foxconn's reported interest in acquiring...
Thursday 19 December 2024
Chinese automakers and Foxconn said to have interest in buying Nissan
Chinese carmakers are rumored to be targeting financially troubled Nissan as a means of indirect entry into the US market. Rumors have also pointed to Foxconn as a possible suitor...
Thursday 19 December 2024
Denso invests in Onsemi to strengthen automotive chip supply stability
Japan-based Denso announced a strategic collaboration with Onsemi, aimed at advancing semiconductor technology vital for autonomous driving and advanced driver-assistance systems...
Wednesday 18 December 2024
Auto suppliers face inventory squeeze as manufacturers cut safety stocks
Global auto parts makers are grappling with a paradox: While vehicle sales continue climbing, their order books are shrinking. The culprit? A dramatic shift in inventory management...
Wednesday 18 December 2024
EU tariffs force NIO to align prices with Porsche as Chinese automakers pivot to hybrids
The European Union has imposed anti-subsidy tariffs on Chinese battery electric vehicles (BEVs), reaching nearly 50%, forcing NIO to consider aligning its prices with luxury automakers...
Wednesday 18 December 2024
XPeng, Nio abandon Nvidia Thor chip amid rumored production delays
Multiple delays in the production of Nvidia's flagship Thor smart driving chip have forced XPeng to reconsider its adoption for 2025 vehicle models. Wallstreetcn reports...
Wednesday 18 December 2024
Cub Elecparts eye 2025 revenue surge
Taiwanese automotive electric firm Cub Elecparts expects 2024 profits to match last year's figures, while forecasting substantial growth in 2025 driven by its electronics and tire...
Wednesday 18 December 2024
Foxconn reportedly considers major investment in Nissan as Honda-Nissan merger talks go on
Foxconn is reportedly eyeing a significant investment in Nissan Motor with aspirations to take over the company's operations, potentially accelerating ongoing merger discussions between...
Wednesday 18 December 2024
Honda and Nissan in talks for potential merger amid heated EV competition
In a strategic move to consolidate resources against mounting competition in the electric vehicle market, Honda and Nissan have begun discussions about a possible merger, which would...
Wednesday 18 December 2024
Onsemi's dual focus on automotive electrification and AI data centers sharpens with China push
Amid shifting dynamics in the power semiconductor market, Onsemi is leveraging China as a key growth driver for its dual focus on automotive electrification and AI data centers. Celebrating...