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Thursday 30 May 2024
US-made SUVs, Jeep cars will bear the brunt if China retaliates with tariff rise
The US Biden administration will increase the tariffs on China-made EVs from 25% to 100% on August 1. China has vowed to retaliate and could raise tariffs on cars with engines larger...
Wednesday 29 May 2024
New BYD hybrid can drive non-stop for more than 2,000 kilometers
BYD Co. unveiled a new hybrid powertrain capable of traveling more than 2,000 kilometers (1,250 miles) without recharging or refueling, intensifying the EV transition war against...
Wednesday 29 May 2024
Nuvoton gradually increases MCU market share in China despite uncertain auto industry outlook
Microcontroller manufacturer Nuvoton Technology held its shareholders' meeting on May 28. The company reported that the PC market performed better than initially expected, and MCU...
Wednesday 29 May 2024
Automotive suppliers optimistic about 2H24 outlook as inventory correction approaches end
Car OEMs and tier-1 suppliers have adjusted their inventories since 2023, which affects most automotive suppliers' operations and deliveries. The adjustment is expected to be completed...
Wednesday 29 May 2024
European carmakers rely on cross-continental partnerships to compete in low-priced EV race
The competition of EUR20,000 (US$21,750) EV has mobilized the European automotive supply chain. Local automakers tend to collaborate with partners to gain a foothold in the sector...
Wednesday 29 May 2024
Hyundai reportedly to file for IPO for Indian subsidiary in mid-2024
South Korea-based Hyundai Motor is reportedly selecting underwriters for its Indian subsidiary IPO plan. The listing may become India's biggest-ever IPO.
Wednesday 29 May 2024
Volkswagen will debut low-cost EV in 2027 after joint effort with Renault collapses
Volkswagen said on May 28 that it plans to roll out a low-cost EV for the European market in 2027, a move that will help it counter Chinese rivals' offense. In addition, Magna Steyr...
Tuesday 28 May 2024
Chinese chipmakers vie to be Qualcomm's alternative in the auto smart cockpit market
Qualcomm is now sweeping the AI PC and smart cockpit chip markets.
Tuesday 28 May 2024
China retaliates in automotive trade war with tariffs on European cars
Foreign media reports indicate that China is considering imposing a 25% tariff on large-engine fuel vehicles imported from Europe, specifically targeting cars with engines larger...
Tuesday 28 May 2024
GIS seeks transformation as company's three main products to exceed 50%
Touch panel manufacturer GIS is now in the phase of operational transformation, with three new product lines each expected active growth in 2024.
Tuesday 28 May 2024
Chinese EV battery makers to accelerate production relocation
Contemporary Amperex Technology (CATL) and other Chinese Electric Vehicle (EV) battery providers are looking to accelerate production relocations in response to new tariffs imposed...
Tuesday 28 May 2024
LGES retools its first North American plant amid soft EV demand
Battery maker LG Energy Solution will enhance its plant in Michigan to strengthen the facility's role as the mother factory in North America. The South Korean company is building...
Tuesday 28 May 2024
SiC substrate prices falling in China
Abundant supply in China has domestic SiC substrate prices falling sharply since early 2024, according to industry sources.
Monday 27 May 2024
Automakers have rearranged supply chain to respond intensifying trade war
The economic conflict centering on EVs is heating up. Tesla CEO Elon Musk recently said he does not support the US tariff hike on China-made EVs. However, Tesla has rearranged its...
Monday 27 May 2024
Bolstering SDV: Q&A with Arm's APAC automotive partnership senior director Simon Teng
European, US, Japanese, and South Korean legacy automakers face challenges in developing Software-Defined Vehicles (SDV). Many have rebooted or given up their efforts.