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Monday 5 August 2024
German carmaker mood darkens on slowing EV shift, China slump
Germany's carmakers are growing gloomier about their prospects after a disappointing earnings season marked by waning electric-vehicle sales and weakness in China for companies including...
Monday 5 August 2024
China accelerates autonomous driving via multiple pilot cities, with Beijing, Shanghai, Wuhan leading the charge
China is keenly positioning itself as a global frontrunner in autonomous driving technology. Strong government support coupled with intense competition among major cities has cultivated...
Monday 5 August 2024
Europe's auto industry faces historic trade deficit amid electrification shift
Europe's automotive industry is poised to face a historic turning point in 2024, with imports expected to surpass exports for the first time in decades. This looming trade deficit...
Friday 2 August 2024
AUO charts new course: Focusing on smart mobility and vertical solutions beyond displays
Taiwanese panel giant AUO is undergoing a significant transformation to diversify its business and reduce reliance on the cyclical display panel market. The company is focusing on...
Thursday 1 August 2024
Toyota signs MoU to build an EV plant in Maharashtra amid increasing Japanese investment in India
Toyota's Indian joint venture has signed a Memorandum of Understanding (MoU) to establish a new low-emission vehicle plant in India. This move aligns with the growing trend of Japanese...
Wednesday 31 July 2024
Knobs and buttons make partial return as trend in automotive human-machine interface
In the 2010s, the automotive industry ventured into touch control interfaces, with pioneers like Tesla, Mercedes Benz, and Nissan leading the charge. However, with the European New...
Wednesday 31 July 2024
Volkswagen and Xpeng to jointly develop in-car systems for Chinese EV market
Volkswagen has reached a new agreement with Xpeng Motors to jointly develop in-car systems for the Chinese Electric Vehicle (EV) market, strengthening their existing partnership.
Wednesday 31 July 2024
BYD intensifies EV price war, challenges competitors in China
BYD has initiated a fresh price war in China's electric vehicle (EV) market, continuing to pressure its competitors by leveraging its production scale, according to market sources...
Tuesday 30 July 2024
Ola Electric to raise US$734 Million, likely to be largest IPO in India in 2024
According to Bloomberg and Reuters, Indian electric two-wheeler (E2W) maker Ola Electric Mobility is set to launch its initial public offering (IPO). The company aims to raise up...
Tuesday 30 July 2024
BYD's potential entry into Taiwan's EV market faces five key challenges
As 2024 enters its final four months, BYD's annual electric vehicle sales have nearly surpassed Tesla's, solidifying its market position. The company's international expansion is...
Monday 29 July 2024
Xiaomi buys US$116 million site in Beijing to expand EV production
Chinese tech company Xiaomi Corp. has purchased a plot of land in Beijing for RMB 842 million (US$116 million) to expand electric car production following the early success of its...
Monday 29 July 2024
Tesla and Nvidia set to go head-to-head in high-end autonomous driving
In the realm of end-to-end advanced autonomous driving solutions, both Nvidia and Tesla are dominant forces.
Monday 29 July 2024
US slams the door on Chinese EVs; EU leaves a crack open despite stringent taxes and tariffs
China's EV entrance into international markets has hit a bump with the trade barriers from Europe and the US, casting a dark cloud above their expansion.
Friday 26 July 2024
Musk backs Trump despite benefiting from Biden's green energy policies for profits
Tesla CEO Elon Musk has vocally supported US Republican presidential candidate Donald Trump.
Friday 26 July 2024
Revolution in auto electrification challenges Japan's industry
The shift towards automotive electrification is ushering in a new revolution for mainstream car manufacturers.