Hon Hai Precision Industry (Foxconn) has stepped up efforts to kickstart its EV business and transform its existing EMS, with India seen to play a key role in both, according to market...
Server chassis maker Chenbro Micom will see its revenue grow quarter by quarter in 2023, thanks to a gradual pick-up in demand for AI servers and data centers, according to the Taiwan-based...
Contemporary Amperex Technology Co. Ltd. is truly the undisputed electric vehicle battery-making king. It supplies a roll call of carmakers — from Tesla Inc. to Ford Motor Co.,...
Volkswagen AG raised its five-year investment plan to EUR 180 billion ($193 billion) as Europe's biggest carmaker intensifies a push to challenge Tesla Inc.'s leadership on electric...
India has found lithium reserves in the northern part of the country. An auction is expected to begin before further extraction as India is looking to build a self-reliant EV ecosystem...
Germany-based chipmaker Infineon will be collaboraing with Tier-1 supplier Continental in the development of server-based vehicle architecture, according to an announcement made on...
Hyundai Motor Group announced on March 13 that it has signed a term sheet for the potential acquisition of Genral Motors (GM)'s plant in Maharashtra, India. The South Korean carmaker...
India is currently witnessing a revolution in the automotive industry, with the increasing demand for electric vehicles (EVs) driven by rising fuel costs, environmental concerns,...
Due to the alleged abuse of subsidies by automakers and the announcements of other incentive schemes, India may discontinue FAME-II, one of its flagship incentive schemes for encouraging...
Volkswagen announced on March 13 that it is going to build the first overseas battery cell plant in Ontario, Canada. The plant will be stablished through VW's battery subsidiary Po...
The efforts of system device vendors to develop new chips in-house have been stalled since the third quarter of 2022, but they have recently resumed their "acceleration track," according...
Switzerland-based STMicroelectronics (ST) has announced on March 9 its TSU111H 5V automotive operational amplifier with micro-power current consumption and 150°C operating-temperature...
Macro-environmental factors such as the pandemic and war took a toll on the automotive industry in the past few years. As the threats are now slowly fading, car manufacturers have...
Volkswagen AG's Oliver Blume summoned top managers to a hip Berlin hangout in late January to strategize on how Lamborghini, Bentley, Skoda and Seat would pitch an initial public...
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