While the EV market growth has slowed, Hyundai Motor significantly increased its EV sales target in the new year. The automaker also plans to roll out affordable EV models to attract...
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
The world's two largest EV makers, Tesla and BYD, achieved record sales in the fourth quarter of 2023. BYD even dethroned its US competitor with a passenger battery EV sales volume...
According to industry sources, Taiwan-based power diode, MOSFET, and other component makers have accelerated capacity expansion in anticipation of strong demand for automotive electronics...
Japanese automakers, component suppliers, and their IC design service partners have reportedly formed an alliance to encourage the development of local automotive SoCs in Japan. Sources...
Charging infrastructure deployment and management create new opportunities for businesses as EVs rise. Some Taiwan-based technology companies have expanded to the charging segment,...
The battery EV sales of Japan-based automakers grew in 2023, but the growth rate did not meet their expectations. These companies have been developing all-solid-state batteries to...
As ASEAN's largest car manufacturing country, Thailand has been transitioning to EVs to comply with national policies. Many companies that intend to enter the EV sector plan to invest...
The world's largest automotive market recently welcomed two sodium-ion-battery-powered EVs. Both cars offer a driving range of about 250 kilometers. Whether the vehicles can become...
In 2016, Samsung Electronics purchased Harman International, a US-based audio electronics company, at US$8 billion. Seven years later, Harman will likely see its operating profits...
Actron Technology, a major Taiwanese automotive diode supplier, is optimistic about its operation in 2024 and expects a double-digit on-year sales growth, according to company president...
Everlight Electronics expects its compound semiconductor packaging and testing business to enjoy robust growth in 2024, according to the LED packaging house. It expects related orders...
Competition from low-emission cars is set to slow the penetration of electric vehicles (EV) in 2024, and such a development could promise substantial opportunities for power components...
