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Wednesday 3 January 2024
BYD beats Tesla in 4Q23 BEV sales
The world's two largest EV makers, Tesla and BYD, achieved record sales in the fourth quarter of 2023. BYD even dethroned its US competitor with a passenger battery EV sales volume...
Wednesday 3 January 2024
Japan, China surge into automotive SoC development
Japanese automakers, component suppliers, and their IC design service partners have reportedly formed an alliance to encourage the development of local automotive SoCs in Japan. Sources...
Tuesday 2 January 2024
Suppliers take different approaches to grow AC, DC charging markets
Charging infrastructure deployment and management create new opportunities for businesses as EVs rise. Some Taiwan-based technology companies have expanded to the charging segment,...
Tuesday 2 January 2024
Japanese carmakers see battery EV sales increase while far below targets
The battery EV sales of Japan-based automakers grew in 2023, but the growth rate did not meet their expectations. These companies have been developing all-solid-state batteries to...
Tuesday 2 January 2024
Delta Electronics says Thailand become desirable for EV industry investment
As ASEAN's largest car manufacturing country, Thailand has been transitioning to EVs to comply with national policies. Many companies that intend to enter the EV sector plan to invest...
Tuesday 2 January 2024
China sees two EVs powered by sodium-ion batteries rolled off production lines
The world's largest automotive market recently welcomed two sodium-ion-battery-powered EVs. Both cars offer a driving range of about 250 kilometers. Whether the vehicles can become...
Friday 29 December 2023
Samsung-owned Harman expected to reach over KRW1 trillion operating profits in 2023
In 2016, Samsung Electronics purchased Harman International, a US-based audio electronics company, at US$8 billion. Seven years later, Harman will likely see its operating profits...
Friday 29 December 2023
Japanese car and semiconductor companies form an alliance for automotive chiplet research
Twelve Japanese automakers, component manufacturers, and semiconductor companies have formed an alliance for the research and development of advanced automotive chips, aiming to produce...
Friday 29 December 2023
Mixed developments in car market could benefit power components supplier Actron
Competition from low-emission cars is set to slow the penetration of electric vehicles (EV) in 2024, and such a development could promise substantial opportunities for power components...
Thursday 28 December 2023
Xiaomi unveils its first EV, with ambition to be China's Porsche or Tesla
The billionaire co-founder of Xiaomi Corp. unveiled the company's first electric vehicle Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete...
Thursday 28 December 2023
Suppliers should gain resilience, cautious about the rise of Chinese EV makers
The emergence of China's homegrown automakers and EV companies has dramatically changed the world's largest car market. These companies have scaled up rapidly with the support from...
Thursday 28 December 2023
Chinese automakers' offense drives global car industry development
China's automotive industry reached a milestone in 2023. The country became the world's largest car exporter this year and saw the homegrown automakers occupy over 50% of the domestic...
Wednesday 27 December 2023
Tesla plans revamp of smash hit Model Y from China plant
Tesla Inc. is preparing to roll out a revamped version of its smash hit Model Y from its Shanghai plant, according to people familiar with the matter, as domestic rivals accelerate...
Wednesday 27 December 2023
Smartphone brands crossing over to EVs at CES; new products set to be announced in January
The annual Consumer Electronics Show (CES 2024) is set to be held from January 9 - 12, 2024 in Las Vegas. Although CES is not primarily focused on smartphones, there are still several...
Wednesday 27 December 2023
Beyond the downturn: a glimpse into 2024's anticipated industry resurgence
As we venture into 2024, there's a sense of anticipation in the tech industry as demand for information and communication technology (ICT) products looks poised for a rebound. Vendors...