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...
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.
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...
Siemens and Hon Hai Technology Group (Foxconn) have signed a Memorandum of Understanding (MoU) to accelerate digital transformation and sustainability in smart manufacturing system...
The US announced 25% to 100% tariff hikes on China-made EVs, batteries, semiconductors and other goods. Although the move does not impact South Korean industries for now, companies...
China blasted the Biden administration's move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics.
Foxconn held its earnings call for the first quarter of 2024 on May 14, during which the focus remained on AI servers and the EV market. By building upon its solid technological expertise,...
