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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...
Tuesday 6 February 2024
Onsemi expects faster growth than peers, warns of slower SiC demand growth from EV OEMs
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...
Monday 5 February 2024
Germany's dream of 15 million electric vehicles is fading away
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.
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
Geespace launches 11 satellites, enhancing navigation for Geely EVs
Geely Group's subsidiary, Geespace, has propelled itself into the forefront of satellite technology once again. The company announced the successful launch of 11 low-Earth orbit satellites,...
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
Markets tank as Trump threatens 60% tariff on Chinese goods if elected
Former US President Donald Trump has said that if he is elected as the next US president, he may impose tariffs of more than 60% on mainland Chinese goods and believes he must do...
Monday 5 February 2024
South Korea-based battery suppliers in expansion push in 2024 despite uncertainties
Amid signs of a slowdown in demand for EVs and industrial uncertainties, South Korean-based battery makers remain committed to their global production expansion plans.
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.
Monday 5 February 2024
Infineon and Honda ink MOU to form ADAS, power semiconductor dream team
German semiconductor manufacturer Infineon has announced plans to collaborate with Japanese automaker Honda.