Taiwan-based automotive aftermarket (AM) parts manufacturers continue to dominate the global supply chain, holding an impressive 90% market share. Despite a slowdown in overall car...
In light of the sluggish electric vehicle (EV) market and uncertainties following Donald Trump's re-election, LG Energy Solution (LGES) will acquire all shares of the battery plant...
The global EV market is rapidly expanding, particularly in China, driven by affordable models and government support. While Europe and the US face slower growth due to various factors,...
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...
Major tier-1 automotive suppliers in Europe and the US are conducting layoffs amid disappointing electric vehicle (EV) demand, potentially creating opportunities for their Asian counterparts...
With China maintaining its position as the largest electric vehicle (EV) market globally, the semiconductor supply chain is intensifying its focus on the region. Industry leaders...
As a new member of the SEMI Silicon Photonics Industry Alliance (SiPhIA), Brightek is actively expanding its international presence, promoting its latest EVO ICLED products in markets...
Hotai Motor, Taiwan's automotive leader, projected Taiwan's vehicle market will reach 460,000 units in 2024, up from a prior estimate of 450,000 units, citing steady domestic demand...
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
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,...
Tesla's Model 3 has hit a roadblock in Germany's prestigious TÜV safety rankings, while Honda's Jazz demonstrates exceptional reliability in the latest assessment. The 2025 TÜV...
Mitsubishi Electric is ramping up its power semiconductor production in Japan to meet the surging demand fueled by the EV revolution and global climate change initiatives.
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...
Heightened US tariff policies are rattling the automotive industry, threatening higher vehicle costs. Industry insiders note that while the US mandates final assembly domestically,...
