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Thursday 15 February 2024
BYD considers Mexico plant, eyeing the US market
China-based EV maker BYD will likely establish a production base in Mexico, which could help establish its presence in North America and facilitate its entry into the US later. As...
Tuesday 13 February 2024
Only 30% of Chinese carmakers hit 2023 sales target after cut-throat price war
BYD released a forecast about its 2023 financial performance at the end of January. The EV maker's net profits will not meet the market-expected CNY31.5 billion (US$4.41 billion)...
Monday 12 February 2024
Automotive chips tap out to make way for commercial cousins
In 2024, the probability of commercial chips replacing automotive chips is set to increase.
Friday 9 February 2024
A review of four major automotive technology trends at CES 2024
Mobility remained one of the highlights at CES 2024. This year, more companies focusing on autonomous driving, generative AI, EV charging, flying cars, drones, sensors, and micro-mobility...
Wednesday 7 February 2024
Export data suggests South Korean battery industry is low on juice
South Korea's battery industry exports saw a further decline in 2023.
Wednesday 7 February 2024
US EV battery subsidy helps Panasonic create record-high net profits
The EV business brought significant profits for Panasonic Holdings. According to Panasonic, NHK, and Nikkei, the group saw its consolidated revenue grow by 1.2%...
Tuesday 6 February 2024
Toyota sees profits double thanks to robust HEV sales, raising FY24 forecasts
Toyota Motor experienced sales growth in all regions in the April-December 2023 period. Strong hybrid EV sales specifically helped the carmaker double its profits. The company also...
Tuesday 6 February 2024
China SiC capabilities push means global competition: Q&A with SAS chairperson Doris Hsu (II)
With the government's support, Chinese companies have scaled the silicon carbide (SiC) segment and secured partnerships with some international IDMs. In the second part of an interview...
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...
Tuesday 6 February 2024
AUO, Innolux stepping up non-panel biz deployment
Taiwan-based display giants AUO and Innolux have stepped up their non-display business deployment. AUO has seen a 20% increase in revenue from its vertical business solutions, and...
Monday 5 February 2024
China SiC capabilities push means global competition: Q&A with SAS chairperson Doris Hsu (I)
China-based companies are expected to march into the compound semiconductor segment in 2024 as they solve the bottleneck of SiC crystal growth and are recognized by global companies...
Monday 5 February 2024
LGES, Hyundai reportedly to double battery production in Indonesia
As China-based BYD announced a US$1.3 billion investment in Indonesia, Hyundai Motor, which sees the country as a critical market, will likely take a countermeasure. The South Korean...
Monday 5 February 2024
Nissan aims to mass-produce LFP batteries in 2026 for emerging markets
Nissan plans to manufacture the cheaper LFP batteries in Japan. Starting in 2026, the automaker will use the batteries to power EVs sold in emerging markets.
Monday 5 February 2024
Tesla's Optimus: leading the humanoid robots market with EV manufacturing expertise
While the robots showcased at CES 2024 primarily focused on home care and companionship, sporting friendly and rounded designs, the market's attention remains fixated on humanoid...
Monday 5 February 2024
CES 2024 showed the world display vistas for your vehicle
Automotive display panel sizes now exceed 40 inches.