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Thursday 19 December 2024
Chinese automakers weigh Nissan tie-up amid US market challenges
Chinese automakers, including NIO, XPeng Motors, BYD, and Taiwan's Foxconn, are reportedly exploring partnerships with cash-strapped Nissan, leveraging its global distribution networks...
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
Foxconn eyes stake in Nissan amid Honda integration talks
The landscape of Japan's automotive industry faces potential reshaping as Honda and Nissan explore integration possibilities, complicated by Foxconn's reported interest in acquiring...
Thursday 19 December 2024
Chinese automakers and Foxconn said to have interest in buying Nissan
Chinese carmakers are rumored to be targeting financially troubled Nissan as a means of indirect entry into the US market. Rumors have also pointed to Foxconn as a possible suitor...
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
EU tariffs force NIO to align prices with Porsche as Chinese automakers pivot to hybrids
The European Union has imposed anti-subsidy tariffs on Chinese battery electric vehicles (BEVs), reaching nearly 50%, forcing NIO to consider aligning its prices with luxury automakers...
Wednesday 18 December 2024
XPeng, Nio abandon Nvidia Thor chip amid rumored production delays
Multiple delays in the production of Nvidia's flagship Thor smart driving chip have forced XPeng to reconsider its adoption for 2025 vehicle models. Wallstreetcn reports...
Wednesday 18 December 2024
Chinese hybrids evade EV tariffs, gain ground in EU
Chinese automakers, led by BYD, are leveraging hybrid electric vehicles (HEVs) to strengthen their foothold in the European market, where the European Union's (EU) increased tariffs...
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...
Tuesday 17 December 2024
Chinese EV brands take center stage at Thailand auto show
The Thailand International Motor Expo 2024 showcased 43 brands from nine regions, highlighting Chinese automakers' dominance in the EV sector. Chinese brands capitalized on growing...
Monday 16 December 2024
Tesla and Chinese rivals accelerate autonomous driving amid Cruise exit
Approaching the end of 2024, US-based Tesla and Chinese automakers are accelerating their autonomous vehicle development efforts.
Thursday 12 December 2024
Europe's electrification challenges: refinancing becomes a new dilemma in 2025
The European automotive supply chain encountered significant hurdles in 2024 as electrification demand fell short of expectations, leading to low investment returns and widespread...
Thursday 12 December 2024
Hiroca Automotive diversifies beyond China, achieves Tier 1 status to boost growth
Taiwan-based Hiroca Automotive Trim Corporation, a supplier of automotive interior and exterior trim parts, is actively diversifying its operations to reduce dependence on the highly...
Thursday 12 December 2024
Intelligent driving sparks competition among Huawei-backed automakers in China
China's automotive sector is witnessing a strategic shift from new energy vehicles to intelligent driving technology in 2024. At the forefront of this transformation is Huawei, whose...
Monday 9 December 2024
China's EV industry: a decade of booms, busts, and risky bets
China's electric vehicle (EV) sector sparked to life in 2014, marked by the emergence of pioneering startups like NIO, Li Auto, and XPeng Motors. In the five years that followed,...