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Tuesday 17 December 2024
Xiaomi's CNY100 billion cash reserve is seen as lifeline for its automotive ambitions
Given the current competitive landscape among Chinese automakers, it is not surprising that new entrants face challenges in vehicle manufacturing. However, Ji Yue's recent turmoil...
Tuesday 17 December 2024
Chinese EV brands take center stage at Thailand auto show
The Thailand International Motor Expo 2024 showcased 43 brands from nine regions, highlighting Chinese automakers' dominance in the EV sector. Chinese brands capitalized on growing...
Monday 16 December 2024
Tesla and Chinese rivals accelerate autonomous driving amid Cruise exit
Approaching the end of 2024, US-based Tesla and Chinese automakers are accelerating their autonomous vehicle development efforts.
Monday 16 December 2024
Taiwanese supply chains diversify as global auto market sees modest growth
Global automotive sales, including new energy vehicles (NEVs), are projected to underperform initial expectations in 2024, yet the market maintains an upward trajectory. Facing growing...
Monday 16 December 2024
SiC demand surges as China's EV charging infrastructure expands
In a significant push to support its burgeoning electric vehicle sector, China's charging infrastructure has surged to 12.35 million charging units, with silicon carbide (SiC) becoming...
Monday 16 December 2024
KDDI eyes unmanned delivery by 2030
Japanese telecommunications company KDDI and its subsidiaries KDDI SmartDrone and KDDI Research have successfully completed a fully unmanned automated logistics delivery experiment...
Monday 16 December 2024
Manufacturers face challenges in America as tariffs rise for Chinese solar materials
The US will increase tariffs on Chinese polysilicon and silicon wafers starting January 2025, raising the rate from 25% to a staggering 50%. This move has left many companies that...
Monday 16 December 2024
GM's U-turn on robotaxi pumps the breaks on Honda autonomous collab
General Motors (GM) has ended its nearly decade-long, US$10 billion Cruise robotaxi project, a decision that has severely impacted Honda's plans for autonomous driving technology,...
Friday 13 December 2024
Stellantis, CATL partner to build EUR4 bn EV battery plant in Spain
CATL and Stellantis have entered a joint venture to establish a EUR4.038 billion (approx. US$4.25 billion) battery plant in Zaragoza, Spain, with each party holding a 50% stake. As...
Friday 13 December 2024
Baidu-backed Jiyue Auto hits a wall: CEO admits challenges amid crisis
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to employees dated December 11, admitted the company faces...
Friday 13 December 2024
BYD expands European EV production; Gotion targets battery growth in Morocco and Slovakia
The European Union's newly imposed tariffs on Chinese electric vehicles (EVs) are sending a ripple of concern through the global auto industry. In response, BYD, the top EV manufacturer...
Friday 13 December 2024
China's EV exports plummet despite its market penetration rate exceeding 50% for four months
China's domestic electric vehicle (EV) sales have maintained a penetration rate of over 50% for four consecutive months, reflecting strong growth in the domestic market, according...
Thursday 12 December 2024
Europe's electrification challenges: refinancing becomes a new dilemma in 2025
The European automotive supply chain encountered significant hurdles in 2024 as electrification demand fell short of expectations, leading to low investment returns and widespread...
Thursday 12 December 2024
CATL leads the global battery race: South Korea's top 3 makers struggle to keep up
Global EV battery demand outside China increased by 12.7% from January to October 2024. South Korea's top battery makers—LG Energy Solution (LGES), SK On, and Samsung SDI—recorded...
Thursday 12 December 2024
Tesla reportedly rekindles India dreams, resumes showroom search
Tesla has reportedly rekindled its interest in the Indian market by resuming its search for showroom space in New Delhi. Having paused its investment plans earlier this year, the...