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Thursday 19 December 2024
Chinese automakers and Foxconn said to have interest in buying Nissan
Chinese carmakers are rumored to be targeting financially troubled Nissan as a means of indirect entry into the US market. Rumors have also pointed to Foxconn as a possible suitor...
Monday 16 December 2024
Taiwanese supply chains diversify as global auto market sees modest growth
Global automotive sales, including new energy vehicles (NEVs), are projected to underperform initial expectations in 2024, yet the market maintains an upward trajectory. Facing growing...
Friday 6 December 2024
Global PMX optimistic about China, US NEV component purchases
Automotive component manufacturer Global PMX is cautiously optimistic about its automotive business outlook in the fourth quarter of 2024 and the first half of 2025 thanks to orders...
Friday 29 November 2024
'Survival of the cheapest': NEV makers brace for 2025 price wars
The landscape of the three key new energy vehicle (NEV) markets—China, Europe, and the US—will undergo dramatic changes in 2025. Price competition is expected to continue,...
Wednesday 27 November 2024
Kian Sheng leverages EV subsidies and tourism revival to boost Chinese operations
Kian Sheng, a subsidiary of the Yulon Group, plays a pivotal role in Taiwan's electric bus supply chain. Despite challenges, the company's operations in China achieved notable results...
Wednesday 27 November 2024
China's 4S dealerships face mass closures amid price wars and EV surge
China's 4S dealership model, once a cash cow in the early 2000s, is unraveling under mounting pressure. The sector, which peaked around 2017, has been hit hard by fierce price wars...
Wednesday 27 November 2024
China's auto semiconductor growth driven by electrification and smart tech
Global IDM leader Onsemi announced a cautious outlook for the semiconductor market in its third-quarter 2024 financial report. CEO Hassane El-Khoury tempered expectations for 2025...
Wednesday 6 November 2024
Tesla sales in China fall 23% in October
The Chinese auto market demonstrated strong performance in October, surpassing September sales figures. However, domestic car brands emerged as the primary beneficiaries, while foreign...
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.
Thursday 17 October 2024
Seres and Huawei's EV collaboration boosts supplier revenue in Q3
Chinese automaker Seres, in partnership with Huawei to produce the Aito EV brand, reported strong financial results for the first three quarters of 2024, driving notable growth for...
Wednesday 16 October 2024
Early consumption could freeze China's auto market in 2025
China saw excellent new automobile sales in October thanks to government incentives. However, concerns have been raised about whether government subsidies are simply encouraging consumers...
Wednesday 16 October 2024
New car sales in China increase
China saw an increase in new car sales in October, with new energy vehicle (NEV) sales surpassing gasoline cars and rising by 45.8% from the same period in 2023, according to government...
Wednesday 9 October 2024
Chinese automakers seek breakthrough amid rising trade barriers
Chinese new energy vehicle (NEV) companies are working to break through growing trade barriers imposed by the US and its allies.
Tuesday 1 October 2024
BYD's local integration drives ASEAN market dominance
The ASEAN market, spanning multiple countries, has become a fiercely competitive battleground for numerous automotive and new energy vehicle (NEV) brands. In this landscape, BYD has...