Stellantis signed a memorandum of understanding with China-based Miracle Oruide Guangzhou Auto Parts Remanufacture on April 10. The Amsterdam-based carmaker is building a recycling...

Samsung Display will supply OLED displays to the luxury car brand Ferrari, representing the OLED technology provider's achievement on its way to diversifying from mobile devices to...

Hyundai Motor Group unveiled a plan to scale up its EV presence significantly. The South Korean company plans to invest KRW24 trillion (US$18 billion) by 2030 to grow production and...

Although the development of private 5G networks for enterprises is still encountering numerous challenges, Taiwan-based IT companies' related deployment has started bearing fruit,...

Tesla has announced a plan to build a Megafactory in Shanghai to produce its energy storage battery products, Megapacks. The project is expected to facilitate the formation of a local...

China-based EV maker BYD unveiled its DiSus Intelligent Body Control System designed for new energy vehicles (NEV) on April 10. The system, which features vertical motion control,...

Adata Technology believes its industry will start stabilizing in the second quarter, while fellow memory module firm Team Group still sees the industry having a difficult year.

India's EV sales saw a 153% increase for the past fiscal year, highlighting the growth potential of the world's third-largest automobile market. However, a subsidy controversy that...

China-based autonomous driving chipmaker Black Sesame Technologies has launched its 7nm C1200 chip for automotive smart cabin applications.

Chinese automakers are looking to enhance their product differentiation in the face of Tesla's cut-throat pricing competition, according to industry sources.

Wang Chuanfu, the Chairman of BYD, shared his optimistic views for China's new energy vehicle (NEV) industry in 2023, where he saw three opportunities presented to the industry. First,...

The South Korean government released a series of strategies to help local battery companies gain a global presence, especially in the US. Notably, the government will offer KRW7 trillion...

In the first quarter of 2023, Tesla delivered a record high of 422,900 electric vehicles, with average monthly sales of approximately 140,000 units. However, in March 2023, BYD's...

Tesla's disclosure of intention to reduce use of SiC in its electric vehicles (EV) by 75% has sent shock waves across the supply chain, with many companies assessing all possible...

Toyota has revealed plans to scale up its battery EV business. The automaker aims to roll out 10 new BEV models by 2026, achieving 1.5 million vehicle sales annually. In 2025, it...