Onsemi reported a decline in performance for the past quarter, attributing the downturn to short-term economic headwinds. Despite these challenges, the company remains confident in...
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...
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...
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.
NIO has taped out its 5nm smart driving chip and developed SkyOS, an operating system for automotive applications, aiming to become a vertically integrated EV brand.
In March and April 2024, Intel and TSMC received substantial subsidies of US$8.5 billion and US$6.6 billion respectively for building plants in the US under the CHIPS and Science...
After reporting a 25% year-on-year revenue decline in the second quarter, STMicroelectronics has revised its sales outlook for 2024 downward for the second time.
In recent weeks, the shooting incident involving Donald Trump, combined with President Joe Biden's gaffe that raised public concerns about his cognitive health, led to Biden announcing...
Disappointing demand growth, uncertainties surrounding the upcoming US presidential election, and government policy changes have slowed the adoption of electric vehicles (EV), according...
Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to...
Under the current geopolitical climate, the trend toward localized production is set to continue for some time. Yet Hon Hai Precision (Foxconn) is seemingly bucking the trend, instead...
