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Monday 29 April 2024
Musk leaves China with Tesla driving software hurdles cleared
Elon Musk's quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world's biggest auto market.
Monday 29 April 2024
BYD shares face earnings test as China's EV price war heats up
After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
Monday 29 April 2024
Hon Hai's ambitious plan: crafting a super app for smart cities using 10 LLMs
In a bold move towards transformation, Hon Hai has outlined its strategic pivot, emphasizing the pivotal role of AI and the development of smart cities and electric...
Monday 29 April 2024
Musk's China visit suggests Tesla's push to accelerate FSD deployment
Tesla CEO Elon Musk paid an unannounced visit to China on April 28. His main goal is reportedly accelerating the rollout of Tesla's Full Self-Driving (FSD) software in China. Coincidently,...
Monday 29 April 2024
Garmin expands production footprint to SEA, eyeing automotive navigation market
Smart wearable and GPS giant Garmin has decided to expand its production into Southeast Asia as part of its long-term strategy for the next 10-20 years, with initial production lines...
Monday 29 April 2024
Nio, Lotus collaborate on EV charging and battery-swapping technology
China-based Nio secured another car OEM partner.
Friday 26 April 2024
Nidec downsizes efforts in China to improve profits generated from fierce EV market
Japan-based electric motor manufacturer Nidec is reducing its products for the Chinese EV sector and planning to increase its sales of electric motors for industrial machinery in...
Friday 26 April 2024
Chinese homegrown automakers forthright about potential EV overemphasis
The Chinese car market has gained worldwide traction because of EVs. Homegrown automakers seize the opportunity to scale inside and outside China. The country has put many resources...
Thursday 25 April 2024
Tesla earnings call leaves more questions to the market
Tesla reported unsatisfactory financial results for the first quarter of 2024, as expected.
Thursday 25 April 2024
IC distributor Supreme eyeing demand for electric scooters
Supreme Electronics, an IC distributor specializing in memory chips, is targeting the Indian and Southeast Asian markets for electric scooter demand opportunities.
Wednesday 24 April 2024
Tesla's Musk warns Wall Street autonomous future is main goal
Tesla Inc. Chief Executive Officer Elon Musk couldn't have been more clear in his message to investors: Tesla is now an artificial intelligence company.
Wednesday 24 April 2024
China approves US listing for self-driving firm in easing sign
China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for an increase in Chinese tech initial public offerings in New York after a more than...
Wednesday 24 April 2024
Tesla promises new model production early 2025 as profits plunge
EV giant Tesla released its financial results for the first quarter of 2024, which missed estimates.
Wednesday 24 April 2024
EV golden cross above ICE vehicles might come later as demand slows
As more EV models are available and prices decrease, EV sales have grown notably in recent years. However, the growth rate will slow in 2024, making one wonder whether the "golden...
Tuesday 23 April 2024
Rohm and STMicroelectronics extend SiC wafer supply contract
Rohm and STMicroelectronics have extended their previously signed supply contract for Silicon Carbide (SiC) wafers for several more years.