The European Union's temporary tariffs on Chinese electric vehicles, introduced in early July, have triggered a sharp decline in registrations across the continent. SAIC Motor's MG,...
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed...
Shenzhen is regarded as China's new energy vehicle (NEV) capital. Its track record of policy promotion and the rise of BYD have cemented its position in China's new energy supply...
The EU's final draft on import duties for Chinese-made EVs addresses concerns about overcapacity in the Chinese industry. This decision reflects Western markets' apprehension over...
Bloomberg previously reported that China's Ministry of Industry and Information Technology (MIIT) has instructed EV companies like BYD and Geely to increase the procurement of domestic...
Laster Tech, a leading LED automotive lighting module manufacturer, has reported record-breaking profits for the second quarter of 2024. The company achieved a net profit of NT$83.4...
Thailand, a key automotive hub in Southeast Asia, is undergoing a significant shift towards electric vehicles (EVs). Driven by government incentives, many Chinese companies are entering...
Taiwanese PCB makers have particularly targeted the automotive market in their investments. The simultaneous expansion of their operations in Thailand reflects their clients' emphasis...
Volkswagen has reached a new agreement with Xpeng Motors to jointly develop in-car systems for the Chinese Electric Vehicle (EV) market, strengthening their existing partnership.
BYD has initiated a fresh price war in China's electric vehicle (EV) market, continuing to pressure its competitors by leveraging its production scale, according to market sources...
As 2024 enters its final four months, BYD's annual electric vehicle sales have nearly surpassed Tesla's, solidifying its market position. The company's international expansion is...
Chinese electric vehicle (EV) maker BYD is rapidly expanding its presence in Southeast Asia. The company plans to establish new assembly plants in Cambodia and Indonesia to complement...
