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NEWS TAGGED EV MARKET
Thursday 21 November 2024
Despite passenger EV slowdown, commercial EVs surge ahead, says India's leading player
India's electric vehicle (EV) market is seeing contrasting trends, with passenger EV sales declining while the commercial segment grows rapidly. Recent data shows a 9 percent year-on-year...
Thursday 21 November 2024
Rohm delays SiC plant amid EV slowdown
Rohm Semiconductor is grappling with a significant slowdown in the electric vehicle (EV) market, leading to reduced semiconductor demand and an unexpected financial loss.
Wednesday 20 November 2024
VinFast emerges as Vietnam's leading EV maker amid push to meet year-end delivery targets
VinFast, a Vietnamese automaker often referred to as the "Tesla of Vietnam," reported sales of 11,000 units in October, securing its position as Vietnam's leading electric vehicle...
Tuesday 19 November 2024
Nichidenbo expects AI servers to drive growth in 2025, as PC, consumer product shipments remain stable
Passive component distributor Nichidenbo held its earnings call on November 18, during which company president and spokesman Yao-kuo Yu forecasted steady growth in the PC and consumer...
Friday 15 November 2024
Foxconn expects AI servers to account for over 50% of server revenue in 2025, but EV targets might be delayed
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young Liu highlighted record-breaking cumulative revenue, gross...
Thursday 14 November 2024
Taiwan automotive market potential leads Kia to host first overseas EV Day
Kia Corporation has chosen Taiwan as the first overseas location for its annual Kia EV Day on November 14, highlighting the market's significance as the fastest-growing territory...
Friday 1 November 2024
BYD quarterly sales top Tesla for first time in 3Q24
BYD's quarterly sales have surpassed Tesla's for the first time in the third quarter of 2024, but ongoing fierce market competition in China's electric vehicle (EV) industry means...
Tuesday 29 October 2024
Only a few will survive: low-price EV market not sustainable, warns supply chain
Though the 2024 Paris Motor Show has wrapped, the shockwaves sparked by low-cost EVs are still reverberating. Chinese automakers continue to dominate certain markets by slashing prices,...
Wednesday 9 October 2024
HHTD24: CDMS shortens product design time, says Jun Seki
Jun Seki, Foxconn's chief strategy officer, said at Hon Hai Tech Day (HHTD) that unlike their smartphones, notebooks (NB), and game consoles, Foxconn's strategy for electric vehicles...
Wednesday 2 October 2024
SK On launches voluntary redundancy scheme amid declining EV market
SK On, the fifth-largest electric vehicle battery manufacturer globally, has announced its first voluntary redundancy program aimed at workforce reduction. This initiative arises...
Tuesday 1 October 2024
European automakers face pressure from China, Euro 7 amid weak EV sales
European electric vehicle (EV) sales suffered a weak performance in 2024. Automakers are facing great pressure from Chinese EVs and potential emission penalties.
Wednesday 25 September 2024
BYD and others to challenge Tesla in China's fully electric SUV market
BYD and other Chinese electric vehicle (EV) makers are launching a range of fully electric SUVs that are intended to take on the Tesla Model Y. Chinese EV brands led by BYD have launched...
Wednesday 28 August 2024
HMG's US EV sales rank second behind Tesla, tops 10% market share
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
Thursday 15 August 2024
Taiwan's EV market soars, but charging infrastructure lags far
Taiwan's electric vehicle (EV) market is poised for sustained robust growth over the next five years.
Wednesday 14 August 2024
EV market outlook optimistic despite short-term fluctuations
The slowdown in the global EV market has affected many companies that have previously benefitted from EV trends. As an example, during its recent earnings call, Delta Electronics...