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NEWS TAGGED NEV
Thursday 6 June 2024
EV battery swapping gaining momentum in China
The adoption of battery swapping for Electric Vehicles (EVs) is creating new business opportunities in China, according to industry sources.
Thursday 30 May 2024
Automotive LED supplier Brightek sees rebounding orders from Chinese NEV market
As China's automotive market plunges into intense internal price competition, Brightek Optoelectronic Co. focuses on automotive LED products as the main driver of its operational...
Friday 26 April 2024
New BYD NEV to adopt Horizon Robotics chip
Horizon Robotics has showcased its next-generation automotive processor, the Journey 6 series, which will power BYD's forthcoming New Energy Vehicles (NEV).
Thursday 18 April 2024
Tesla overtaken by another Chinese competitor in NEV market in China
Facing challenges like being outsold by BYD in New Energy Vehicle (NEV) sales and significant layoffs, Tesla has now been overtaken by another Chinese competitor in the Chinese market...
Wednesday 17 April 2024
PCB firms see promising demand for automotive PCBs
PCB manufacturers are upbeat about the long-term demand prospects for automotive PCBs notwithstanding the recent decline in car demand.
Friday 8 March 2024
China draws up national strategic industry list, with Quantum and AI as top priority
China's Premier Li Qiang said in his work report to the National People's Congress that the government will formulate a strategy for the development of strategic emerging industries,...
Wednesday 21 February 2024
China's EV brutal price war sparks market frenzy
China's electric vehicle price battle hits full throttle.
Wednesday 21 February 2024
Clean energy fuels 40% of China's economic growth in 2023
In a remarkable revelation, clean energy emerged as the powerhouse propelling China's economic growth in 2023, according to a comprehensive analysis by Carbon Brief. The country's...
Tuesday 6 February 2024
Automotive component supplier Global PMX upbeat about 1Q24
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...
Wednesday 31 January 2024
A Tale of Two Fates in China's EV market
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, ...
Tuesday 23 January 2024
NEV price war effectiveness: opinions differ across supply chain
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...
Monday 15 January 2024
Global PMX welcomes strong demand for new energy parts
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.
Thursday 11 January 2024
Foxconn targets China's EV supply chain with low-key strategies
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...
Friday 5 January 2024
CFTC eyes revenue growth in 2024, driven mainly by auto products
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...
Friday 8 December 2023
Taiwanese car component makers ride high on strong demand in China's booming NEV market
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...