Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
Xiaomi plans to begin mass-producing its EVs in the first half of next year, according to its founder, chairman and CEO, Lei Jun. It has been two years since the China-based tech...
Indonesia took a step forward to boost its EV market on March 6. The government announced a subsidy program for electric scooters, vehicles and buses. Officials said the country is...
Taiwan-based IC design houses, such as Realtek Semiconductor, Novatek Microelectronics and Yusun Electronics, have entered the supply chain of BYD and other Chinese electric vehicle...
China-based carmakers and solar cell suppliers are aggressively foraying into the silicone carbide (SiC) segment in line with the semiconductor self-sufficiency goal set by the government,...
Chinese media EET China and Chejiahao Autohome reported that the government of Wenzhou inaugurated major projects for the first quarter of 2023, with one of the...
Huawei will not build cars on its own, but will continue to strengthen its automotive ecosystem alliance and platform, integrating R&D efforts of related carmakers to provide...
Municipalities in China are trying to maintain the EV momentum after the national subsidy program ended last year. Shenzhen just released its financial policies to support the development...
Tesla still holds more than half of the U.S. electric vehicle market, but due to affordable vehicles entering the market, it remains unknown if they will maintain a market share of...
Global EV battery usage increased by 71.8% from 2021 to 2022, according to South Korea-based SNE Research. BYD reached the same battery installation level as LG Energy Solution last...
China-based BYD has surpassed South Korea-based LG Energy Solution (LGES) to become the globally second-largest maker of power batteries used in electric vehicles (EVs) and PHEVs...
BYD Semiconductor, a subsidiary of Chinese EV maker BYD, has recently announced to halt its IPO plans for the ChiNext board. The company will turn the focus back to expanding chip...
Driven by geopolitical influences and pandemic-induced supply chain disruptions, the supply chains in the past global trade system are being restructured, and one of the possible...