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Monday 9 December 2024
China's EV industry: a decade of booms, busts, and risky bets
China's electric vehicle (EV) sector sparked to life in 2014, marked by the emergence of pioneering startups like NIO, Li Auto, and XPeng Motors. In the five years that followed,...
Friday 6 December 2024
Asian players eye opportunities as European, US automotive suppliers downsize
Major tier-1 automotive suppliers in Europe and the US are conducting layoffs amid disappointing electric vehicle (EV) demand, potentially creating opportunities for their Asian counterparts...
Friday 6 December 2024
NXP foresees strong growth in EV market as new players drive innovation
NXP Semiconductors maintains an optimistic outlook for the electric vehicle market, emphasizing that new entrants in the automotive manufacturing industry are driving market expansion...
Thursday 5 December 2024
US chip curbs further accelerate China domestic automotive chip production
Following the Bureau of Industry and Security's (BIS) addition of over 100 Chinese companies to its entity list, China's four major associations for automobiles, internet, semiconductors,...
Thursday 5 December 2024
India reportedly to expand incentive to attract EV manufacturers
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
Thursday 5 December 2024
Automakers face existential crossroads as competition intensifies
The automotive industry faces unprecedented upheaval as traditional manufacturers from Europe, the US, Japan, and South Korea confront economic headwinds and weakening electric vehicle...
Wednesday 4 December 2024
India's EV manufacturing push sees policy updates amid low disbursements
India is eager to establish a robust local EV manufacturing ecosystem, driven by the growing adoption of low-carbon vehicles in global markets. However, official data reveals a lack...
Wednesday 4 December 2024
European tier 1 auto suppliers face transformation challenges in 2024
Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...
Tuesday 3 December 2024
European auto layoffs ripple across supply chains as Chinese EV makers face setbacks
The European automotive supply chain faces deepening turmoil, with industry giants like Bosch, Valeo, and Ford announcing extensive layoffs. These developments underscore the ongoing...
Friday 29 November 2024
Xiaomi's financial strength positions it to disrupt China's fiercely competitive EV market
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
Friday 29 November 2024
'Survival of the cheapest': NEV makers brace for 2025 price wars
The landscape of the three key new energy vehicle (NEV) markets—China, Europe, and the US—will undergo dramatic changes in 2025. Price competition is expected to continue,...
Friday 29 November 2024
Huawei expands EV presence with new trademark filings in China
Huawei has registered several new trademarks for electric vehicles (EVs) in China, signaling deeper collaboration with Chinese automakers.
Thursday 28 November 2024
2025 EV price war looms as SAIC joins supply chain cost-cutting push
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a...
Thursday 28 November 2024
IDMs develop automotive chips tailored for China market
International integrated device manufacturers (IDMs) have begun offering automotive-grade chips specifically designed for the China market in 2024, responding to mounting cost pressures...
Wednesday 27 November 2024
China's 4S dealerships face mass closures amid price wars and EV surge
China's 4S dealership model, once a cash cow in the early 2000s, is unraveling under mounting pressure. The sector, which peaked around 2017, has been hit hard by fierce price wars...