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NEWS TAGGED EV
Wednesday 3 July 2024
EV vendors follow up on price war in China
The rise of Chinese Electric Vehicle (EV) brands has prompted their larger international counterparts to engage in a price war in China to defend their market share, according to...
Tuesday 2 July 2024
BYD sales rise to a record on price cuts, tech upgrades
BYD Co. sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into...
Tuesday 2 July 2024
BYD's ambitious drive into East Asian markets faces hurdles and opportunities
Chinese EV giant BYD is making significant inroads into the South Korean and Japanese markets, challenging established domestic players and reshaping the competitive landscape in...
Tuesday 2 July 2024
Taiwan-based TECO secures EV power system orders in India
TEMICO, a TECO Electric and Machinery (TECO) subsidiary in India, has secured 55,000 orders for EV power systems.
Tuesday 2 July 2024
Taiwanese semiconductor supply chain migrates to meet customers' geopolitical risk demand
At the urging of customers and incentives provided by countries vying for domestic semiconductor production, leading companies in the Taiwanese semiconductor supply chain have accelerated...
Tuesday 2 July 2024
Chinese EV vendors expand into Central Asia, Africa markets
Chinese electric vehicle (EV) manufacturers such as BYD, Hozon Auto, and Xpeng Motors are seeking to replicate the success of Transsion Holdings in the mobile phone business by venturing...
Monday 1 July 2024
India-based Ola Electric ramps up cell manufacturing, develops solid-state battery
India-based EV unicorn Ola Electric announced a plan to spend US$100 million to build a Gigafactory, focusing on in-house battery cells, as the company is expanding beyond the EV...
Monday 1 July 2024
Volkswagen, SAIC maintain deep ties with agreements to co-develop five EV models
The Volkswagen Group, one of the major foreign automakers operating in China, signed multiple new energy technology cooperation agreements with the SAIC Group on June 27.
Friday 28 June 2024
South Korean battery makers could benefit from Tesla 46800 cell production headache
Media reported that Tesla was considering ceasing production of 46800 cells due to multiple difficulties.
Friday 28 June 2024
Auto semiconductor market unlikely to be cautiously optimistic in 3Q24 despite rising car sales
The global automotive market is expected to become cautiously optimistic in the third quarter of 2024 as uncertainties like the European Union's election and the bloc's provisional...
Friday 28 June 2024
Aftermarket suppliers increase NEV investment as inventory clearance ends
Automotive supply chains in Taiwan and China are seeing limited financial growth during the off-season in July and August. However, as inventory destocking ends, new energy vehicle...
Thursday 27 June 2024
US, Japan, South Korea pledge closer ties on key technologies
The US, Japan, and South Korea pledged to cooperate more closely on building more resilient supply chains and developing key technologies, including semiconductors and critical min...
Thursday 27 June 2024
Anti-subsidy duties by EU on Chinese EVs led to initial negotiations between the two sides
The European Union (EU) has imposed an anti-subsidy provisional tax on Chinese EVs, with a maximum total tax rate nearing 50%, higher than market expectations.
Thursday 27 June 2024
Chinese firms eye Malaysia to dodge rising US tariffs
Amid rising US tariffs on select Chinese products, Chinese firms are considering relocating production to Malaysia to avoid hefty taxes.
Thursday 27 June 2024
Tesla's Cybertruck turmoil: massive recalls put legacy Tier-1 and ASE-backed Tier-2 parts suppliers under the spotlight
Tesla CEO Elon Musk once remarked, "We dug our own grave with the Cybertruck," and recent developments seem to underscore his point.