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Friday 26 July 2024
Musk backs Trump despite benefiting from Biden's green energy policies for profits
Tesla CEO Elon Musk has vocally supported US Republican presidential candidate Donald Trump.
Friday 26 July 2024
Revolution in auto electrification challenges Japan's industry
The shift towards automotive electrification is ushering in a new revolution for mainstream car manufacturers.
Thursday 25 July 2024
Slowing demand, policy changes limit EV adoption
Disappointing demand growth, uncertainties surrounding the upcoming US presidential election, and government policy changes have slowed the adoption of electric vehicles (EV), according...
Thursday 25 July 2024
Tesla profit drop in 2Q24 highlights transformation challenges
Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to...
Wednesday 24 July 2024
Onsemi selected to power next-gen VW EV
Onsemi has announced a landmark supply agreement with Volkswagen (VW) - the world's second-largest automaker - to provide a complete power box solution for its next-generation electric...
Wednesday 24 July 2024
Elon Musk pivots to align with Trump EV policy
Tesla CEO Elon Musk has publicly voiced strong support for Republican US presidential candidate Donald Trump. They have even aligned on the issue of opposing EV subsidies, resolving...
Wednesday 24 July 2024
Poor results from NXP raise doubt on 2H24 car chip demand
Disappointing results from NXP Semiconductors in its latest financial report may indicate that car manufacturers are becoming more conservative and the development of battery electric...
Tuesday 23 July 2024
Suzuki sees India's automobile market growing fivefold by 2047
India's car market is on track to reach 20 million units by 2047, helped by promising growth in battery electric vehicles, Suzuki Motor Corp. Executive Vice President Kenichi Ayukawa...
Tuesday 23 July 2024
Biden bows out: Kamala Harris takes lead as AI regulations and semiconductor debates heat up
On July 21, US President Joe Biden officially announced his decision to withdraw from the 2024 presidential race amid growing pressure from within the Democratic Party. Biden stated...
Tuesday 23 July 2024
EU tariff dilemma: Balancing anti-subsidy measures on Chinese EVs with economic reliance
The European Union finds itself at a crossroads as it considers implementing anti-subsidy provisional tariffs on Chinese electric vehicle (EV) imports by the end of November. This...
Tuesday 23 July 2024
NXP disappointing results imply slowing automotive demand
NXP's latest financial results indicate that the company continues to navigate the industry downturn, presenting a third-quarter outlook that falls below expectations. These disappointing...
Tuesday 23 July 2024
Biden's exit sparks energy policy shift as Trump eyes White House return
Joe Biden, President of the United States, has announced his withdrawal from the 2024 presidential election, creating shockwaves in the current political landscape and significantly...
Monday 22 July 2024
VW, Xpeng deepen software collaboration across EVs in China
Xpeng Inc. will deepen its cooperation with Volkswagen AG, with the two pledging to develop a new electrical and electronic solution for all battery-powered cars made in China under...
Monday 22 July 2024
China-based startup Byinka to ship 7th-gen IGBT to customers
China-based power semiconductor provider Byinka has announced the shipment of its 7th-generation Insulated Gate Bipolar Transistor (IGBT) to leading companies across industries such...
Monday 22 July 2024
China dominates global automobile exports in 2023 as EV demand surges, says DIGITIMES Research
China's automobile exports have shown significant growth in recent years, with the export volume reaching 5.22 million units in 2023, nearly 800,000 more than Japan's, making China...