In a speech in January 2024, Toyota chairman Akio Toyoda said battery EVs (BEV) can only take up at most 30% market share, no matter how much the vehicle progresses. Hybrid EVs (HEV),...
Samsung Electronics announced at its shareholders' meeting that it is investing in the development of an AI accelerator, MACH-1, aiming to challenge Nvidia, and further revolutionize...
Chinese EV maker BYD plans to increase investment in its Brazilian plant by over 80% to accelerate construction. The factory is located in the Bahia state, northeast of Brazil, and...
President Joe Biden said his $20 billion award to Intel Corp. demonstrated his investments in US industries that had withered under Donald Trump's tenure, touting a flurry of government...
Battery maker Samsung SDI will work with General Motors to begin volume production of the 46-phi cylindrical batteries. South Korea-based ET News reported that the pair plans...