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NEWS TAGGED EV
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...
Wednesday 21 August 2024
Xiaomi 2Q24 financial statement to be released as automotive, mobile endeavors draw attention
Xiaomi's financial statement for the second quarter of 2024 is expected to be released on August 21.
Wednesday 21 August 2024
Generalplus forecasts automotive MCU growth in 2025 despite global economic uncertainties
Generalplus, a leading microcontroller (MCU) manufacturer, anticipates steady revenue growth despite ongoing global economic fluctuations. Yixing Jia, General Manager of Generalplus,...
Wednesday 21 August 2024
Lifespan of NEVs is less than half that of fuel vehicles, according to China's official trade-in measures
China's recent "Detailed Implementation Rules for Subsidies for Automobile Trade-ins" measure has shortened the lifespan of electric vehicles (EVs) eligible for scrapping to 6 years...
Wednesday 21 August 2024
ZillTek sees promising demand for automotive, hearing aids, headsets
ZillTek Technology, a micro-electromechanical systems (MEMS) microphone specialist, anticipates that demand for automotive, hearing aid, and headset applications will fuel future...