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Tuesday 31 December 2024
Bulma targets double-digit expansion by 2025 with three main strategies
As the global energy market continues to show steady growth, Bulma Energy is focusing its efforts on three key areas- electric vehicle (EV) solutions, energy storage walls, and storage...
Tuesday 31 December 2024
Mainstream automakers mulling collaboration with Taiwan IT supply chain to compete with Chinese EV makers
Mainstream car manufacturers are mulling expanding collaboration with Taiwan's supply chain to counter Chinese competitors' dominance in the electric vehicle (EV) market, according...
Monday 30 December 2024
Evoasis to double down on EV charging infrastructure, with IPO set for 2026
Evoasis, a prominent electric vehicle (EV) charging operator, hosted its year-end party in Taipei on December 26, showcasing its accomplishments in Taiwan's EV charging market and...
Friday 27 December 2024
China EV makers united: Xiaomi expands charging network access
Xiaomi founder, chairman, and CEO Jun Lei announced on December 25, 2024, that the company's automotive division has partnered with Nio, XPeng, and Li Auto to integrate their charging...
Thursday 26 December 2024
Tesla escalates China EV price war ahead of 2025
Tesla China has reduced the starting price of its Model Y rear-wheel drive model to CNY239,900 (US$32,870) on its official website, making it the lowest-priced version of this model...
Wednesday 25 December 2024
China's EV price war: 2 years of financial turmoil and supply chain chaos
China's electric vehicle (EV) industry has endured a two-year price war, leading to significant profit compression across the supply chain. Automakers have slashed costs to defend...
Wednesday 25 December 2024
CATL unveils chassis it says can withstand fires from crashes
Contemporary Amperex Technology Co. Ltd. unveiled a new car chassis with an integrated battery strong enough to withstand fires or explosions from high-impact collisions.
Tuesday 24 December 2024
Chinese EV makers hit EU wall as tariffs add to import costs
Chinese automakers captured their smallest share of Europe's electric vehicle (EV) market in eight months after new tariffs increased the cost of importing cars to the region by as...
Friday 20 December 2024
US tariff expansion to Southeast Asia alarms automotive supply chain
The automotive supply chain is increasingly worried about the potential expansion of US tariffs to Southeast Asia.
Thursday 19 December 2024
Chinese aggressive EVs push unleash historic crisis for German, Japanese auto giants
Germany and Japan have built powerful automotive manufacturing industries over decades, establishing global dominance with brands like Toyota, BMW, Mercedes-Benz, Volkswagen, Nissan,...
Thursday 19 December 2024
Denso invests in Onsemi to strengthen automotive chip supply stability
Japan-based Denso announced a strategic collaboration with Onsemi, aimed at advancing semiconductor technology vital for autonomous driving and advanced driver-assistance systems...
Wednesday 18 December 2024
Auto suppliers face inventory squeeze as manufacturers cut safety stocks
Global auto parts makers are grappling with a paradox: While vehicle sales continue climbing, their order books are shrinking. The culprit? A dramatic shift in inventory management...
Wednesday 18 December 2024
Honda and Nissan in talks for potential merger amid heated EV competition
In a strategic move to consolidate resources against mounting competition in the electric vehicle market, Honda and Nissan have begun discussions about a possible merger, which would...
Tuesday 17 December 2024
Baidu's car dream crashes as Ji Yue Auto spirals, exposing the pitfalls of automaking
Ji Yue Auto's sudden collapse has jolted the industry, marking a sharp and unceremonious shift in Baidu's automotive ambitions. Once the tech giant's symbol of its car-making aspirations,...
Tuesday 17 December 2024
Xiaomi's CNY100 billion cash reserve is seen as lifeline for its automotive ambitions
Given the current competitive landscape among Chinese automakers, it is not surprising that new entrants face challenges in vehicle manufacturing. However, Ji Yue's recent turmoil...