Benefiting from increased customer demand for shipments, Global PMX, a major manufacturer of automotive power and safety components, reported a more than 55% year-on-year increase...
China's electric vehicle industry kicked off 2024 with a flurry of activity, showcasing a tale of triumph and turmoil among key players. While BYD celebrated a triumphant start, ...
In recent years, the market share of New Energy vehicles (NEVs) has risen steadily, emerging as a dark horse in the automotive industry. However, their global market penetration remains...
Automotive power and safety components manufacturer Global PMX said it has secured several new product orders for key components of new energy vehicles from customers.
As Hon Hai (Foxconn) transitions into the electric vehicle (EV) industry, the corporate group as a whole has been seeking out partnerships and opportunities in North America and Southeast...
With rising demand for automotive-related components and the addition of small-volume shipments of textile machinery-related products starting in 2024, the Taiwan-based high-end precision...
With the global car market scoring a robust performance in 2023, especially in China, Taiwanese automotive component manufacturers are experiencing a surge in shipment orders from...
Wistron ITS, the software arm of Wistron, resiliently navigates challenges amid global uncertainties. CEO Hsiao Ching acknowledges the challenges presented by "black swan" and "gray...
Chinese foundry Semiconductor Manufacturing International Corp. (SMIC) has formed a joint venture, Xinlian Power Technology, with capital from XPeng Motors, Luxshare Precision Industry,...
The Chinese automotive supply chain is still in the process of adjusting its inventory. Nevertheless, the third quarter is the traditional peak season for the automotive industry,...
The European Union's investigation into China-made EVs again drew the world's attention to China's leading position in the EV market. According to Cui Dongshu, secretary general of...
China-based new energy vehicle (NEV) manufacturers have scaled up in the past years, driving the semiconductor market growth. The automotive-grade MCU market has also expanded.
In June 2023, the Chinese government introduced two notable policies targeting the EV sector. One policy involves EV tax breaks, while the other entails the expansion of the new energy...
Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
China's largest new energy vehicle (NEV) maker BYD rolled its five millionth car off the production line on August 9. Chairman and president Wang Chuanfu said automotive electrification...
