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...
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...
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...
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...
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...
Generalplus, a leading microcontroller (MCU) manufacturer, anticipates steady revenue growth despite ongoing global economic fluctuations. Yixing Jia, General Manager of Generalplus,...
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...
ZillTek Technology, a micro-electromechanical systems (MEMS) microphone specialist, anticipates that demand for automotive, hearing aid, and headset applications will fuel future...
Chinese tech firm Huawei Technologies Co.'s push into the electric vehicle market has received another boost, after an investment valued its auto solutions company at RMB 115 billion...
General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.
Taiwan's Shinkong Synthetic Fibers Corporation (SSFC) has made significant inroads into China's electric vehicle market with materials such as elastomers and automotive films. Despite...
Taiwan's Shinkong Synthetic Fibers Corporation (SSFC), keen on product diversification to mitigate market risks, is expanding into the semiconductor and automotive sectors while maintaining...
German luxury car brands BMW, Mercedes-Benz, and Audi are experiencing a decline in market share in China amid ongoing price cutting in the local car market. The German brands have...
Ongoing cutthroat competition in the Chinese auto market has led to challenges in China's used car market. Additionally, moves by foreign car brands, such as halting price cuts in...
