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Friday 6 December 2024
Global PMX optimistic about China, US NEV component purchases
Automotive component manufacturer Global PMX is cautiously optimistic about its automotive business outlook in the fourth quarter of 2024 and the first half of 2025 thanks to orders...
Friday 6 December 2024
China semiconductor exports projected to top CNY1 trillion in 2024
Chinese semiconductor exports are projected to exceed CNY1 trillion (US$30.8 billion) in 2024, having already reached CNY931.17 billion in the first 10 months of the year.
Friday 6 December 2024
EV charging station company Zerova expects 20% revenue growth in 2025
EV charging specialist Zerova, a subsidiary of power supply maker Phihong Technology, expects performance in 2024 to remain roughly on par with 2023, but is eyeing a 20% increase...
Friday 6 December 2024
Delta Electronics to supply rectifiers for E2W and E3W fast-charging
Taiwan's Delta Electronics India has partnered with India-based ThunderPlus to improve India's EV charging infrastructure by introducing the country's first locally-made fast chargers...
Friday 6 December 2024
Asian players eye opportunities as European, US automotive suppliers downsize
Major tier-1 automotive suppliers in Europe and the US are conducting layoffs amid disappointing electric vehicle (EV) demand, potentially creating opportunities for their Asian counterparts...
Friday 6 December 2024
NXP foresees strong growth in EV market as new players drive innovation
NXP Semiconductors maintains an optimistic outlook for the electric vehicle market, emphasizing that new entrants in the automotive manufacturing industry are driving market expansion...
Thursday 5 December 2024
Macroblock's automotive LED sector to thrive in 2025 as it enters China's top 10 EV supply chains
Macroblock, a leading LED driver IC manufacturer, has successfully entered China's electric vehicle (EV) supply chain in 2024. With its automotive product line steadily advancing,...
Thursday 5 December 2024
US chip curbs further accelerate China domestic automotive chip production
Following the Bureau of Industry and Security's (BIS) addition of over 100 Chinese companies to its entity list, China's four major associations for automobiles, internet, semiconductors,...
Thursday 5 December 2024
India reportedly to expand incentive to attract EV manufacturers
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
Thursday 5 December 2024
Microchip expansion halt is a wake-up call for Chinese automotive MCU makers
Following American chipmaker Microchip Technology's announcement regarding the closure of its Fab 2 wafer factory in Arizona and pause in its application for US semiconductor subsidies,...
Thursday 5 December 2024
JDI, Innolux to develop 32-inch automotive OLED panels for 2027 production
Japan Display Inc. (JDI) has formed a strategic partnership with Taiwanese display manufacturer Innolux Corporation and its automotive subsidiary CarUX to develop next-generation...
Thursday 5 December 2024
Automakers face existential crossroads as competition intensifies
The automotive industry faces unprecedented upheaval as traditional manufacturers from Europe, the US, Japan, and South Korea confront economic headwinds and weakening electric vehicle...
Wednesday 4 December 2024
India's EV manufacturing push sees policy updates amid low disbursements
India is eager to establish a robust local EV manufacturing ecosystem, driven by the growing adoption of low-carbon vehicles in global markets. However, official data reveals a lack...
Wednesday 4 December 2024
Supply chain advances BCD technology in China for AI, energy-efficient automotive chips
With China maintaining its position as the largest electric vehicle (EV) market globally, the semiconductor supply chain is intensifying its focus on the region. Industry leaders...
Wednesday 4 December 2024
European tier 1 auto suppliers face transformation challenges in 2024
Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...