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NEWS TAGGED EV
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.
Monday 27 May 2024
Will Chinese EV makers leverage declining sales to limit losses?
The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...
Friday 24 May 2024
Musk's xAI nears close of deal valuing startup at US$24 billion
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
Friday 24 May 2024
Tesla skips delivery target of 20 million EVs by 2030 in latest impact report
Tesla no longer emphasizes a sales target of 20 million vehicles by the end of this decade as the company accelerates the development of autonomous driving, its 2023 impact report...
Friday 24 May 2024
Foxtron eyeing global market presence
Foxtron Vehicle Technologies, an Electric Vehicle (EV) joint venture between Hon Hai Precision Industry (Foxconn) and Yulon Motor, is targeting sales in North America and Southeast...
Friday 24 May 2024
Carmakers take three different strategies in US to respond slow EV demand
According to supply chain sources, automakers have taken three distinct approaches in the US in response to the market headwind.
Friday 24 May 2024
Foxtron confident in its EV competitiveness
In a reasonably competitive environment, Foxtron Vehicle Technologies enjoys an overall competitive advantage, according to company president Andy Lee.
Thursday 23 May 2024
China conducts major military drills around Taiwan, but local market resilient
In a bold display of military might, China initiated extensive drills encircling Taiwan on May 23, a clear signal to the newly inaugurated Taiwanese president, Lai Ching-te. The exercises,...
Thursday 23 May 2024
US tariff hike on Chinese EVs, batteries, steel to take effect on August 1
The first group of China-made products that the US Biden administration targets will see their tariffs rise on August 1, 2024, according to an announcement from the Office of the...
Wednesday 22 May 2024
Bain-backed Chinese EV services firm NewLink seeks private loan
NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related...
Wednesday 22 May 2024
China's $10,000 EV is coming for Europe's carmakers
Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the...
Wednesday 22 May 2024
Huawei's automotive business unit profits in 1Q24
Five years after commencing its automotive ambition, Huawei said the unit has come out of the red. Richard Yu, Huawei's chairman of the smart car solutions business unit, recently...
Wednesday 22 May 2024
Audi partners with SAIC to develop China-specific EV platform; first vehicle to come next year
Premium carmaker Audi has deepened ties with its Chinese partner SAIC Motor as Western automakers try to catch up in the world's largest EV market.