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Thursday 13 June 2024
EU to enforce additional tariffs up to 38.1% on China-made BEVs
The European Commission announced the expected punitive tariffs on China-made battery EVs on June 12.
Thursday 13 June 2024
China EV price war takes its toll, fueling involution
Cut-throat pricing competition in China's Electric Vehicle (EV) market has induced heavy losses in all sectors along the value chain, triggering a blame game among major players for...
Wednesday 12 June 2024
European officials say China EV tariffs may be around 25%
The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European...
Wednesday 12 June 2024
Sony eyes profitability for automotive CIS biz by fiscal 2026 amid 6x growth in car cameras
Sony's automotive CMOS Image Sensor (CIS) business is rapidly growing due to increasing demand for cameras in automobiles and the need for better image quality and functionality....
Wednesday 12 June 2024
Leapmotor partners with Ambarella for intelligent driving technology
Leapmotor secures another partnership as it expands globally.
Wednesday 12 June 2024
Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology
BYD founder and chairman Wang Chuanfu said EVs are still gaining momentum in replacing internal combustion engine vehicles. He also announced that BYD will invest CNY100 billion (US$13...
Wednesday 12 June 2024
Intel new SoC solution accelerates EV innovation, slashing costs
The high purchase price of an Electric Vehicle (EV) remains one of the biggest barriers for potential buyers on a global scale.
Wednesday 12 June 2024
Tata Motors outlines EV roadmap, achieving 30% penetration in portfolio by FY2030
According to a presentation released to investors on its website, Tata Motors, the leading EV brand in India, plans to increase Capex in its EV business, aiming to launch mid-to-low-end...
Wednesday 12 June 2024
Chinese battery makers unfazed by US threats of sanctions
Chinese battery makers CATL and Gotion High-Tech have dismissed US congressmen's accusations that forced labor is involved in their supply chains.
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Tuesday 11 June 2024
Sony to see CIS shipments surge for high-end smartphones, boosting Sunnic prospects
Sony is poised to witness a significant surge in demand for CMOS Image Sensors (CIS) used in smartphones as the traditional peak season for smartphone shipments approaches. This uptick...
Tuesday 11 June 2024
China's mineral supremacy can influence US and the rest of the world's EV game
The US tightened the eligibility of EV incentives offered by the Inflation Reduction Act (IRA) at the beginning of 2024.
Tuesday 11 June 2024
India roundup: Foxconn Hyderabad facility to begin operation in August, says Indian official
India's electronics manufacturing and EV market will grow despite a potential slower pace after the general elections.
Friday 7 June 2024
Nine local carmakers approved to test L3 vehicle autonomy in China
The Chinese Ministry of Industry and Information Technology (MIIT) has approved nine local carmakers to conduct public trials on Level 3 and Level 4 vehicle autonomy. Tesla and other...
Friday 7 June 2024
India remains promising, challenging EV market as Modi secures third-term
Four-wheeler and two-wheeler companies will launch multiple models by 2030 in India, which has great potential in EV manufacturing and consumption. However, the unavailability of...