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Tuesday 5 November 2024
Toyota, Hyundai chiefs signal potential alliance in racing event, fueling EV cooperation speculation
Toyota Motor Chairman Akio Toyoda and Hyundai Motor Group Chairman Euisun Chung's historic first public meeting in South Korea has sparked speculation about potential collaboration...
Monday 4 November 2024
Beyond racing: Silverstone now drives high-tech innovation across industries
Located near London, UK, Silverstone—home to the Formula 1 British Grand Prix since 1950—has evolved into much more than a racetrack. The venue now serves as a hub for...
Monday 4 November 2024
Xiaomi SU7 Ultra challenges Porsche, may intensify Volkswagen's struggles
Xiaomi recently launched the luxury all-electric sports car model SU7 Ultra, priced at approximately US$114,000. The company claims that the SU7 Ultra will become the world's fastest...
Monday 4 November 2024
China's EV sector set for major shift by 2025: Supply chain sees new opportunities
Recent policy changes in China signal a comprehensive restructuring of the automotive industry, focusing on enhancing standards, supporting green energy initiatives, and managing...
Friday 1 November 2024
Chinese automakers activate 'Plan B' as EU EV tariffs take effect
As the European Union implemented tariffs on Chinese electric vehicles on October 31, both European and Chinese EV supply chains have begun executing contingency plans. The tariffs...
Friday 1 November 2024
BYD quarterly sales top Tesla for first time in 3Q24
BYD's quarterly sales have surpassed Tesla's for the first time in the third quarter of 2024, but ongoing fierce market competition in China's electric vehicle (EV) industry means...
Friday 1 November 2024
Chinese officials urge EV makers to halt EU expansion amid rising trade tensions
Chinese officials are reportedly urging local electric vehicle (EV) manufacturers to suspend their expansion in the European Union (EU), potentially exacerbating future trade decoupling...
Thursday 31 October 2024
Tesla FSD technology advances but faces challenges
Tesla's latest announcement regarding its self-driving taxi (Robotaxi) has attracted worldwide interest, indicating a significant advancement in its Full Self-Driving (FSD) technology...
Wednesday 30 October 2024
EU slaps 45.3% tariff on Chinese EVs as China presses for unified talks
European electric vehicle sales fell short of expectations in the first half of 2024, capturing 14% of the market. Transport and Environment (T&E) points to fragmented green subsidies...
Wednesday 30 October 2024
Chinese EV makers rush EU shipments ahead of 35% tariff initiation
Chinese electric vehicle manufacturers are accelerating their European shipments ahead of potential anti-subsidy tariffs of up to 35% that could take effect from November 1. While...
Wednesday 30 October 2024
Electric bus fire in Taiwan raises safety concerns for industry
An electric bus recently caught fire in a parking lot in Taichung, central Taiwan for no apparent reason. The precise cause of the fire is being investigated by the relevant authorities;...
Wednesday 30 October 2024
Chinese government pledges to lead local electric vehicle adoption
Chinese officials published a notification on October 28 that aims to boost domestic demand for electric vehicles (EV) through new government procurement requirements. The new measure...
Tuesday 29 October 2024
Tesla's ambitious plans face regulatory and supply chain hurdles
Tesla's third-quarter results exceeded market expectations, with gross margins rising to 19.8%. The company attributed the performance to lower per-vehicle costs, but analysts highlighted...
Tuesday 29 October 2024
Automotive JVs struggle amid rising competition in China
Automotive joint ventures (JV), which had dominated China's automotive sector for four decades, have encountered heightened competition from Chinese new energy vehicle (NEV) firms.
Tuesday 29 October 2024
BYD's October surge boosts Taiwan's supply chain gains in Q4
BYD's new energy vehicle (NEV) sales excelled in October, buoying the performance of its Taiwanese suppliers in the fourth quarter of 2024, according to market sources.