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Friday 8 December 2023
Tesla is one step away from launching FSD in China
Tesla has been working actively on deploying full self-driving (FSD) capability in China. Chinese media recently reported that the company is very close to launching the technology...
Friday 8 December 2023
Local automakers in India reportedly against lowering EV import tax for Tesla
Amid India's efforts to attract Tesla to replicate the story of Apple suppliers' massive investments in India, local electric vehicle (EV) providers were reportedly against lowering...
Thursday 7 December 2023
EV maker Nio considers more job cuts after shedding 10% of staff
Unprofitable Chinese electric carmaker Nio Inc. may undertake further job cuts to reduce costs and improve efficiency, people familiar with the matter said, just weeks after the company...
Thursday 7 December 2023
Will lithium carbonate cost slump cut EV prices?
Battery-grade lithium carbonate prices have dropped from CNY600,000 (US$84,363) per tonne in November 2022 to the current value of CNY150,000, a decline of over 70%. Since batteries...
Thursday 7 December 2023
With new Kaohsiung software R&D center, Foxconn aims high for Taiwan's software industry
With the new Kaohsiung software R&D center, Foxconn aims high for Taiwan's software industry.
Wednesday 6 December 2023
Nio on track to become government-approved vehicle maker in China
China's Ministry of Industry and Information Technology has listed locally-based EV company Nio in a vehicle manufacturer's information management system. The company is rumored to...
Wednesday 6 December 2023
Poland seeks increased Taiwanese chip investment as significant subsidies potentially await
Poland is expected to play a greater role in driving Central Europe's tech industry forward as Warsaw awaits a new government in December. Donald Tusk. a veteran Polish politician...
Wednesday 6 December 2023
New round of EV price wars rages; industry experts estimate worse conditions in 2024
As the year draws to an end, Chinese automakers have launched a new round of price wars, hoping to meet their annual sales target. The competition has intensified this year: even...
Tuesday 5 December 2023
Ford takes stake in Indonesia nickel project
Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for...
Tuesday 5 December 2023
BMW and Amazon elevate driving experience with advanced Alexa integration
Amazon has recently downsized its Alexa department, leading to the layoffs of hundreds of employees. Despite this, BMW has highlighted the advancement of Alexa technology in their...
Tuesday 5 December 2023
Foxconn invests in US EV startup
Hon Hai Technology Group (Foxconn) recently invested in Indigo Technologies, a US electric vehicle startup, through its subsidiary Foxconn EV Technology, in order to speed the development...
Tuesday 5 December 2023
Automakers deepen ties with ICT companies to scale autonomous driving
Level 2 and 3 vehicle autonomy is poised to become a car's standard feature as automotive electronics companies and automakers continue to promote the technology. Taiwanese carmaker...
Tuesday 5 December 2023
Has the best opportunity to enter the Chinese car market passed?
China has seen plenty of EV companies emerge and the competition between car parts suppliers grows intense. Supply chain sources said if a component maker cannot offer indispensable...
Tuesday 5 December 2023
IC design houses upbeat about demand from Chinese EV market
The expanding Chinese electric vehicle (EV) market, also the world's largest EV market, has become a target for Taiwan-based IC design houses.
Monday 4 December 2023
Modi shouldn't chase Musk to make in India: Mihir Sharma
Elon Musk may be close to winning a long-running battle of wills with the Indian government. Policy makers in New Delhi have been hoping to entice Tesla Inc. to produce electric vehicles...