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Tuesday 27 August 2024
CMC navigates local content challenges: Adjusting MG brand operations and delaying new car launch
At the online investor conference on August 26, Ching-wu Chien, vice President of China Motor Corp. (CMC), addressed the company's response to new government regulations mandating...
Tuesday 27 August 2024
Acme seeks new applications for SiC powder amid EV market slowdown
Taiwan's Acme Electronics is anticipating flat or slightly declining demand for its silicon carbide (SiC) powders used in electric vehicles (EVs) during the second half of 2024. To...
Monday 26 August 2024
China EV maker's tepid reply to EU proves costly in tariff spat
SAIC Motor Corp.'s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western business and political...
Monday 26 August 2024
Evalue set to lead Taiwan EV charging market with over 30% share by 2026
Fortune Electric's subsidiary, Evalue, is set to expand its charging pile network across Taiwan, aiming to install 3,700 units by the end of 2026, which could secure over 30% of the...
Monday 26 August 2024
Ford holds back BEVs, strengthens HEVs in direct contrast to Honda
Ford is greatly reducing BEV investments while strengthening its business in HEVs, which are cheaper and easier to sell.
Monday 26 August 2024
China to account for most L3 autonomous vehicles in foreseeable future
Initially launched in Japan and Europe, Level 3 autonomous vehicles are expected to see a significant production surge starting in 2024, with China leading the way, fueled by strong...
Friday 23 August 2024
Fear over battery fires has slumped South Korea's EV market
South Korea recently saw three electric vehicle (EV) fires occur within less than a month, leading to an "EV phobia" in the local market. This situation has caused a decline in both...
Friday 23 August 2024
Tata Motors signs MoU with Delta Electronics and Thunderplus Solutions to install fast charging stations in India
Tata Motors, the leading commercial vehicle provider and largest EV brand by sales in India, signed an MoU with Delta Electronics India and Thunderplus Solutions for charging infrastructure...
Friday 23 August 2024
Baidu's Apollo Go bringing affordable and safe autonomous taxis closer to reality
Apollo Go, developed by Baidu, has been making significant strides in the autonomous vehicle industry, particularly following its operation in Wuhan, China, which brings the concept...
Friday 23 August 2024
Taiwan IC designers persist in automotive market expansion despite downturn
Despite the recent downturn in automotive chip demand, most Taiwan-based IC designers remain largely unaffected and continue to intensify their efforts in the market, according to...
Thursday 22 August 2024
Xiaomi will swallow EV losses to join Tesla in the big leagues
Xiaomi Corp. is willing to grow its nascent electric vehicle arm at the expense of profits for now, as it angles to join Tesla Inc. and BYD Co. among the world's biggest automakers...
Thursday 22 August 2024
GM's job cuts highlight growing pressure on automakers regarding automotive software
General Motors (GM) recently announced the elimination of over 1,000 jobs, with its software and services division bearing the brunt of the cuts. This move underscores the immense...
Thursday 22 August 2024
EU's final draft on import duties for Chinese EVs targets overcapacity and past market disruptions
The EU's final draft on import duties for Chinese-made EVs addresses concerns about overcapacity in the Chinese industry. This decision reflects Western markets' apprehension over...
Thursday 22 August 2024
Xpeng's vehicle deliveries lag expectations amid intensifying EV competition in China
Xpeng Motors, a Chinese electric vehicle (EV) manufacturer, has released its financial report for the second quarter of 2024. Despite ongoing challenges from a market price war, Xpeng's...
Wednesday 21 August 2024
South Korea's early exports pick up on resilient chip demand
South Korea's early trade data showed exports gaining momentum this month, boosting the outlook for economic growth and suggesting global demand for semiconductors remains resilien...
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Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research