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Monday 19 August 2024
Uber-backed e-scooter startup Lime enters Japan after South Korea exit
Uber Technologies Inc.-backed Lime is entering Japan's growing e-scooter ride market in a foray that pits the San Francisco-based startup against homegrown Luup KK.
Monday 19 August 2024
Taiwan's new localization rules stun auto industry, MG brand hit hardest
A new set of regulations governing mandatory local supply chain cooperation value ratios, announced by Taiwan's Ministry of Economic Affairs (MOEA) on July 30 and swiftly implemented...
Monday 19 August 2024
Automakers continue to adjust business in China; supply chain prepares backup plan
In recent years, business for joint venture automakers in the Chinese market is no longer smooth sailing, facing increasing challenges. As a result, many have adjusted their local...
Monday 19 August 2024
Hydrogen-powered vehicles gain momentum as EV sales slow, but profits remain a distant prospect
With global electric vehicle (EV) sales slowing, hydrogen-powered vehicles are gaining unexpected attention.
Friday 16 August 2024
Zerova adapts global marketing strategy as US EV charging market faces uncertainty
The US EV charging market is temporarily affected by numerous variables due to the 2024 US presidential election. Alex Lin, Chairman of Phihong's EV charging market subsidiary, Zerova,...
Friday 16 August 2024
Geely, Xpeng, Xiaomi boosted by strong vehicle sales amid threats from EU tariffs
Chinese automakers including Xpeng Inc., Geely Automobile Holdings Ltd., and Xiaomi Corp. should all report higher vehicle sales, though challenges remain as competition heats up...
Friday 16 August 2024
China's struggle to boost domestic chip use in EVs
Bloomberg previously reported that China's Ministry of Industry and Information Technology (MIIT) has instructed EV companies like BYD and Geely to increase the procurement of domestic...
Friday 16 August 2024
Struggling in the EV era: traditional Tier 1 suppliers face restructuring amid global challenges
Due to weaker-than-expected demand for electric vehicles (EVs), many traditional Tier 1 suppliers in Europe and the US have undergone significant restructuring in recent years.
Friday 16 August 2024
SK Hynix expands HBM supply to automotive applications beyond servers
SK Hynix has supplied high bandwidth memory (HBM) to Waymo, the autonomous vehicle subsidiary of Google. As the autonomous driving era dawns, HBM is expected to find widespread applications...
Friday 16 August 2024
BYD AI-assisted vehicle appeal diminished by market price competition
BYD has pulled out all the stops to get ahead in AI-assisted vehicle development with its progress garnering the most attention.
Friday 16 August 2024
NIO finalizes 5nm automotive chip design; how much it will help remains in question
Chinese automakers are accelerating the localization of automotive chips to avoid being bottlenecked by chip supply chains and reduce reliance on foreign chips.
Thursday 15 August 2024
Tesla hits pause on Thai factory plans, focuses on charging stations; Malaysia and Indonesia left waiting
Tesla has reportedly paused its plans to build a factory in Thailand and will instead focus on establishing charging stations.
Thursday 15 August 2024
Taiwan's EV market soars, but charging infrastructure lags far
Taiwan's electric vehicle (EV) market is poised for sustained robust growth over the next five years.
Thursday 15 August 2024
Ola Electric reports wider loss after IPO debut
Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.
Thursday 15 August 2024
Musk makes case for EVs to Trump supporters
On the evening of August 12, Tesla CEO Elon Musk and Republican presidential candidate Donald Trump had a friendly conversation on X (formerly Twitter), where Musk pitched electric...