European, US, Japanese, and South Korean legacy automakers face challenges in developing Software-Defined Vehicles (SDV). Many have rebooted or given up their efforts.

The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...

Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...

Foxtron Vehicle Technologies, an Electric Vehicle (EV) joint venture between Hon Hai Precision Industry (Foxconn) and Yulon Motor, is targeting sales in North America and Southeast...

In a reasonably competitive environment, Foxtron Vehicle Technologies enjoys an overall competitive advantage, according to company president Andy Lee.

Five years after commencing its automotive ambition, Huawei said the unit has come out of the red. Richard Yu, Huawei's chairman of the smart car solutions business unit, recently...

Japan is trying to catch up with the US and China in the Software-Defined Vehicle (SDV) segment.

The rivalry among China, Europe, and the US – the world's three largest EV markets – heats up as America and Europe are poised to raise tariffs on Chinese EVs. China has...

The time it's taking for some of China's electric car makers to pay suppliers is ballooning — a further sign of stress in the nation's increasingly cutthroat auto market.

Price slashing has become increasingly common in China's automobile industry, even as the industry progresses from EVs to smart vehicles.

Demand for battery EVs has faced challenges since the second half of 2023. Sales volume has sagged this year, especially in Europe and the US, the world's second and third-largest...

Mahindra announced a substantial investment in its EV business over the next three years as the company tries to catch up with EV leaders, particularly Tata, in the rapidly growing...

Nio Inc. is launching a more affordable electric car brand in China in a bid to gain a firmer foothold in the world's most competitive market as Tesla Inc.'s momentum slips.

Following reports of Apple's withdrawal from the development of self-driving electric vehicles, Samsung Electronics is reportedly discontinuing its preliminary research on software...

In a bold move to cater to the evolving energy needs of consumers, Kymco has launched its first electric scooter series featuring the Ionex BMU battery metering module, which integrates...