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Wednesday 13 March 2024
Chinese EV battery firms to lose US tax incentives, place your bets for Japan, South Korea two-horse-race
The US is reportedly preparing to revise the Foreign Entities of Concern list (FEOC) under the Inflation Reduction Act (IRA) in 2025.
Wednesday 13 March 2024
Edge AI to boost automotive and industrial chip demand, says Renesas
The automotive and industrial automation sectors remain the most significant drivers of development for edge AI, according to Renesas during a recent technology forum it hosted in...
Wednesday 13 March 2024
BYD, CATL, and Huawei accelerate energy storage deployment
Nvidia CEO Jensen Huang has stated that "the ultimate challenge in AI is harnessing solar energy and energy storage." The demand for energy supply and storage solutions surges as...
Tuesday 12 March 2024
Xiaomi surges most in year after setting up showdown with Tesla
Xiaomi Corp.'s shares had their biggest intraday jump in more than a year after the company announced it would start selling its long-awaited electric vehicles this month.
Tuesday 12 March 2024
Renesas delays pay raise and continues layoffs due to concerns about chip market
Japan-based automotive and industrial chip company Renesas has decided to push back a regular pay raise from April to October of this year.
Tuesday 12 March 2024
Hyundai reportedly designing 5nm auto chips
Hyundai Motor is reportedly designing auto semiconductors based on the 5nm process, aiming to ensure a stable supply of advanced chips in the Software Defined Vehicles (SDV) era....
Tuesday 12 March 2024
Western EV makers scaling back provides Chinese competitors challenges and opportunities
Slower demand for EVs has prompted European and US carmakers to delay their plans. Zhu Huarong, chairman of China-based Changan Automobile, said the situation will hamper Chinese...
Tuesday 12 March 2024
Visa hurdles threaten operations of South Korean-owned US factories
The shortage of H-1B work visas has become a major obstacle for South Korean companies to expand their manufacturing operations in the US. The South Korean government is actively...
Tuesday 12 March 2024
Tesla restarts Germany plant as power supply resumes
Tesla can produce vehicles at its Gigafactory near Berlin again after a production halt followed by a power sabotage a week ago. The company has been taking measures to restart the...
Tuesday 12 March 2024
Space battery pioneer Hitachi Zozen lands first all-solid-state-battery order
Hitachi Zozen has received its first commercial order for All-Solid-State Lithium-Ion Batteries (ASSLBs).
Monday 11 March 2024
China EV makers woo buyers with in-car beds, kitchens, and drones
In China, electric vehicles with built-in fridges and even in-car karaoke...
Monday 11 March 2024
CATL chairman says EV development will not proceed with smooth sailing
The European Union is on track to ban new petrol and diesel car sales starting in 2035. Robin Zeng, China-based CATL's chairman, said electrification and smart technology are the...
Monday 11 March 2024
BYD officials reportedly visit Mexican state for potential EV plant
Leading China-based EV maker BYD has reportedly sent a delegation to Jalisco, a Mexican state, to evaluate the possibility of building an EV plant there.
Monday 11 March 2024
Price reduction no longer benefits Tesla's China sales
At the beginning of 2023, Tesla cut its vehicle prices in China and ignited a price war. The company recently launched a similar sales campaign in the world's largest car market but...
Monday 11 March 2024
India roundup: India chip projects to begin construction as Taiwanese firms seek growth opportunities
Two of the three chipmaking projects are expected to begin by mid-2024. Taiwanese firms expressed their cautiousness and optimism towards opportunities in India.