A recent survey on automakers found that Tesla remains the world's No.1 carmaker in terms of market cap, followed by Japan's Toyota in second place and China's BYD Auto in third....
BYD has reported strong sales growth for April, defying supply chain disruptions. In the same month, China's automobile production declined by half due to COVID lockdowns.
China's homegrown high-end autonomous driving chips have seen a significant breakthrough in commercial applications, as Chinese AI chip startup Horizon Robotics has over the past...
BYD and Horizon Robotics recently announced a partnership involving Horizon's latest high-performance processor Journey 5 for autonomous driving. BYD said it will utilize the car...
China-based BYD Auto said it has stopped making fossil fuel cars since March, becoming the world's first automaker to do so. The market is watching if more Chinese automakers will...
Gotion Hi-Tech, one of the top battery manufacturers in China, has plans for a secondary listing in Switzerland through global depository receipts (GDR). The company is expecting...
China has the world's largest EV market. According to DIGITIMES Research, the country saw the sale of 3.3 million EVs in 2021, a 168% growth from 2020. It supports a huge domestic...
China saw its electric vehicle (EV) exports surge 260% on year to nearly 500,000 units in 2021 and became the largest EV manufacturing country worldwide, surpassing Germany and the...
The price of lithium carbonate used in ternary and lithium iron phosphate (LFP) batteries has gone up 60% since the beginning of the year, reaching the ceiling for many lithium battery...
Indonesian enterprises are eyeing the emerging EV and battery industry. Indonesia EV startup PT Vektr Mobiliti Indonesia (VKTR) has partnered up with local auto parts manufacturer...
China recently announced it will cut new energy vehicle (NEV) subsidies. Subsidies will be reduced by 30% in 2022 compared to 2021 and will be completely cut at the end of the year,...
The Tesla Model 3 had led the electric vehicle (EV) market in sales for the past four years, but 2022 is expected to be the last year of its reign as the Model Y takes over. Additionally,...
