China-based battery maker CATL continues to consolidate relationships with automotive OEMs. The company signed an agreement with Beijing Automotive Group (BAIC) on March 13 to co-develop...
Hon Hai Precision Industry (Foxconn) expects to see its automotive product line generate revenue between NT$50 billion (US$1.63 billion) and NT$100 billion in 2023, up from NT$20...
Contemporary Amperex Technology Co. Ltd. is truly the undisputed electric vehicle battery-making king. It supplies a roll call of carmakers — from Tesla Inc. to Ford Motor Co.,...
Formosa Smart Energy Tech (FSET) has reportedly been approached by a major European carmaker with plans to jointly construct a lithium battery plant in the US.
The electric vehicle (EV) battery supply chain is bracing for a potential price war as a result of Contemporary Amperex Technology (CATL) reportedly offering lithium cost rebates...
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
The US Inflation Reduction Act (IRA) is spurring the three major US automakers -- General Motors (GM), Ford and Stellantis -- to accelerate their developments for lithium batteries...
Automotive suppliers are shifting their business focus to adapt to the changing market. Magna International announced on Monday that it has secured new businesses from General Motors...
There are four types of players in EV race: Chinese automakers, traditional car brands, emerging auto companies and big techs. Let's explore the business strategies, market trends,...
BMW showed its EV ambition for the North American market. The premium automaker announced a EUR800 million (US$863.3 million) investment in Mexico, mainly to build an assembly center...
Foxconn Technology (Hon Hai) has set electric vehicle (EV) production as the core of its 3.0 transformation scheme, and its Ohio EV plant acquired from Lordstown Motors will be playing...
Battery management systems (BMS) are playing a crucial role in monitoring driving range, battery health, charging efficiency, safety and cost structure for EVs, and accuracy performance...
In recent years, the popularity of sodium-ion batteries has suddenly risen. Chinese companies such as Contemporary Amperex Technology (CATL), Gotion Hi-Tech, EVE Energy and BYD are...
