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...
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)...
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...
Relentless efforts by China's new energy companies to control their sectors by undercutting the competition at home and abroad prevent innovation as non-Chinese firms cut R&D...
China has said it will strengthen support for the country's electrified vehicle industry as the sector increasingly faces trade restrictions from the European Union and the US.
Hyundai Motor is reportedly looking to list its Indian subsidiary, Hyundai Motor India, in India in 2024, as the country has become the third-largest car market and overtook Hong...
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%...
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...
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...
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...
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...
On Semiconductor (Onsemi) experienced a full-year decline in sales while seeing a rise in profit in 2023, with the automotive business driving sales growth. The company expects soft...
Standing at the front of the room at an auto industry association's new year reception in Berlin this week, BMW CEO Oliver Zipse had reason to feel vindicated.
