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Thursday 21 December 2023
Japanese carmakers likely to grow Chinese market share in 2H24
Hiroca Holdings, a Taiwan-headquartered automotive interior parts supplier, used to supply a large portion of its products made in China to Japanese carmakers. With the automotive...
Wednesday 20 December 2023
Tesla charging connector attracts 28 automakers as Volkswagen joins the crowd
Tesla's North American Charging Standard (NACS) has won over most leading carmakers after the Volkswagen group said several of its brands will adopt the charging connector in North...
Wednesday 20 December 2023
China-based Neta, LK Technology to develop 20,000+ ton die-casting machine
Carmakers have been pursuing more advanced production methods as automotive electrification continues. Chinese EV brand Neta announced that it will start developing a die-casting...
Wednesday 20 December 2023
China's EV expertise, geopolitics to change industry dynamics
EVs are on track to gain momentum in the coming years. In 2023, a price war intensified the industry's competition. Geopolitics facilitated the localization of production. Multiple...
Wednesday 20 December 2023
Chinese auto interior parts provider enters Tier 1, with domestic clients quickly rising
Huang Sheng-Chang, CFO of Hiroca Holdings, an automotive interior parts manufacturer, mentioned in the firm's online earnings call on December 19 that BYD has accredited Hirosawa,...
Tuesday 19 December 2023
LG set to showcase transparent automotive antenna at CES 2024
LG Electronics, having strengthened its investment in the automotive business, is set to showcase a new generation of transparent automotive antennas at CES 2024. The company's entry...
Tuesday 19 December 2023
Nippon Steel will acquire US Steel to expand production capacity
Nippon Steel Corporation, one of the world's largest steel makers, said on December 18 that it would buy the United States Steel Corporation for about US$14.9 billion. The purchase...
Tuesday 19 December 2023
Nio secures another US$2.2 billion investment from Abu Dhabi's CYVN
China-based Nio announced on December 18 that it has entered a share subscription agreement with Abu Dhabi-based CYVN Holdings. CYVN plans to invest US$2.2 billion in the EV maker,...
Monday 18 December 2023
Automotive software innovation to be critical as uncertain 2024 approaches
Some automakers and suppliers have been cautious about the EV market in 2024. Singapore-headquartered company Patec said the industry should monitor the global car market by region...
Monday 18 December 2023
Viking Tech to form cooperation with French tier-1 supplier for auto components
Taiwan-based passive component maker Viking Tech has seen over 53% of its revenues generated by automotive-related products in recent years and is currently in talks with a France-based...
Monday 18 December 2023
Nissan to leverage China's EV prowess as competition intensifies
Japan-based Nissan Motor plans to use China-made EVs to help it gain traction in the global EV market. The automaker has also deepened its collaboration with China's Tsinghua University...
Monday 18 December 2023
Germany's abrupt termination of EV subsidies will burden European carmakers
Europe's largest car-producing country has unexpectedly terminated its EV subsidy program. Germany has paid about EUR10 billion (US$10.9 billion) to encourage EV adoption. The move...
Monday 18 December 2023
LG Chem invests US$820 million in new US cathode material plant to meet EV demand
As the demand for electric vehicles surges, LG Chem, a subsidiary of the South Korean-based tech giant, is set to construct a new cathode material plant in the United States to mark...
Monday 18 December 2023
Notebook battery module maker C-Tech transitioning to green economy
Tsung-Wei Huang, chairman of notebook battery module manufacturer C-Tech, pointed out that with the notebook battery module market becoming too mature and the trend of customers relocating...
Friday 15 December 2023
Zeekr's self-developed battery offers 500km range with 15-minute charging
China-based EV company Zeekr unveiled a self-developed battery on December 14. Zeekr said the LFP battery can provide a driving range of 500 kilometers with a 15-minute charge.
Colder Products Company
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research