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NEWS TAGGED EV
Friday 12 April 2024
Volkswagen invests EUR2.5 billion in China to boost innovation, jointly-built EVs with Xpeng
Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and...
Friday 12 April 2024
Panasonic, Indian Oil to storm Indian EV market with battery joint venture
Panasonic making inroads into the automotive battery market.
Thursday 11 April 2024
China's home appliance giant scales EV capabilities as agreement with Nio secured
Chinese home appliance manufacturer Midea Group signed a strategic partnership with EV company Nio to develop EV components and other technology.
Thursday 11 April 2024
Choosing the lesser of two evils: EU's probes on Chinese EV, solar panels
Following an anti-subsidy investigation on China-made EVs launched in 2023, the European Union is reportedly considering resuming the anti-dumping and anti-subsidy probes on Chinese...
Thursday 11 April 2024
What is behind SK Group's reported decision to merge its battery, lubricant arms?
SK Group is reportedly planning to merge its battery company, SK On, and lubricant subsidiary, SK Enmove, to proceed with turning SK On into a publicly traded business. The news came...
Thursday 11 April 2024
Tesla CEO plans second meeting with Indian PM, potentially announcing EV plant amidst rising global EV trade tensions
In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning...
Thursday 11 April 2024
Tesla's FSD endeavor faces obstacles in China
Opinions diverge on whether Tesla's vehicles with Full Self-Driving (FSD) capabilities will enter the Chinese market this summer as planned.
Wednesday 10 April 2024
Bloomberg data suggests China's EV overcapacity is modest
China boasts the world's largest market for pure electric and hybrid vehicles.
Wednesday 10 April 2024
Taiwanese suppliers reduce deliveries to Chinese carmakers as auto market reshuffles
China is experiencing a reshuffling of the EV market after rapidly scaling the sector. As the situation intensifies, some automotive parts companies have gradually reduced supplies...
Wednesday 10 April 2024
Hiroca to expand production in Mexico as profits rise
Automotive suppliers have increased their investment in the US and Mexico in recent years, aiming to offset geopolitical impacts.
Tuesday 9 April 2024
Tesla vs BYD: Who will win?
Tesla and BYD both aim to expand global footprints by diversifying production
Tuesday 9 April 2024
Is Apple CarPlay on track to lose momentum?
The US Department of Justice recently said Apple CarPlay's phone-mirroring service shows the company's anticompetitive behavior over competitors. While automotive suppliers might...
Tuesday 9 April 2024
Hyundai and Kia partner with India-based Exide for EV batteries
Hyundai Motor and Kia announced a partnership with Exide Industries to source locally-made lithium-ion cells for EVs sold in India. The announcement came as global EV brands, such...
Monday 8 April 2024
LGES, GM commence second joint battery plant under over-capacity pressure
Ultium Cells, a battery joint venture between LG Energy Solution and General Motors, has started production at its second plant in Tennessee, the US. The first product has been delivered...
Monday 8 April 2024
Foxconn on track for revenue growth in 2Q24
Foxconn (Hon Hai Technology Group) is on track to generate sequential and on-year revenue growth in the second quarter of 2024, according to the Taiwan-based contract electronics...
CHT
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research