Tesla Inc. is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with...
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Texas Governor Greg Abbott's Indo-Pacific trip has brought him to South Korea, where he has focused on strengthening economic ties and exploring technological collaborations. The...
Foxconn Interconnect Technology (FIT), a subsidiary of Hon Hai Technology Group (Foxconn), has announced plans to acquire Germany-based Auto-Kabel for a total of EUR72.5 million (US$78.8...
According to statistics from the Federal Motor Transport Authority (Kraftfahrt-Bundesamt, KBA) in Germany, 43,000 new pure electric vehicles were registered in June, achieving a market...
According to data from the China Association of Automobile Manufacturers (CAAM), China's electric vehicle (EV) exports decreased by 13.2% in June 2024, marking the third consecutive...
Just 19 of China's 137 current electric car brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate, or battle for a minor market share,...
Nissan Motor has decided to initiate in-house mass production of Lithium Iron Phosphate (LFP) batteries starting from fiscal 2028 (April 2028 - March 2029), as the cost of ternary...
The automotive industry's ongoing transition to electronic systems and electrification is creating a "tug-of-war" between new and established Tier-1 suppliers, known for supplying...
South Korea's SK On is gearing up to power Japan's Nissan in a groundbreaking Electric Vehicle (EV) battery supply collaboration. This strategic alliance aims to bolster Nissan's...
The automotive business currently accounts for the majority of Ams Osram's revenue and will continue to be the most important growth engine in the future, according to Chen Pinglu,...
In the 2024 SiC Semiconductor Conference held in Pusan in late June 2024, Chinese and South Korean fab tool makers announced SiC MOCVD-related technologies, trying to challenge the...
