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NEWS TAGGED EV MARKET
Friday 1 March 2024
Is Apple's car project over? Supply chain has yet to be notified
Apple has reportedly terminated its car project, internally dubbed "Project Titan." However, unspecified sources in its Asian supply chain say they have not received any official...
Thursday 29 February 2024
EV market growth to slow in 2024; gas-powered cars making a comeback
According to DIGITIMES Research, global car sales are expected to reach approximately 90 million units, a modest year-on-year increase of about 1%, compared to the 8.6% growth seen...
Tuesday 20 February 2024
BYD chairman summarizes three trends in China's EV market this year
China-based EV makers are expected to remain the front-runners in 2024. Wang Chuanfu, BYD's chairman and president, said China's EV penetration rate will continue to grow this year,...
Friday 16 February 2024
Chinese EVs to gain traction in Europe despite obstacles on the horizon
Latest data showed China has won the title of the world's largest automobile exporter for the first time, thanks partly to its leading EV expertise. The automotive industry has watched...
Wednesday 31 January 2024
A Tale of Two Fates in China's EV market
China's electric vehicle industry kicked off 2024 with a flurry of activity, showcasing a tale of triumph and turmoil among key players. While BYD celebrated a triumphant start, ...
Friday 19 January 2024
Global EV market grows in 2023 while concerns for soft demand remain
Although the world has experienced an economic downturn and consumer spending decline, data from a South Korean research firm showed that the global EV market kept expanding in 2023...
Friday 19 January 2024
Uncertainties may disrupt German EV market
The electric vehicle (EV) landscape in Germany may see disruption in 2024 as Chinese manufacturers make inroads into the market, and reduced government subsidies put pressure on growth...
Friday 19 January 2024
Supply chain adopts protective stance in turbulent Chinese EV market
China is now the world's largest single electric vehicle (EV) market due to rapid growth driven by government policies, with domestic startups and leading international brands vying...
Thursday 18 January 2024
Global EV sales to continue rising in 2024, but slower than 2023, says DIGITIMES Research
DIGITIMES Research's findings show that compared with the recovery of the global automobile market in 2023, global electric vehicle (EV) sales grew more significantly last year, with...
Wednesday 17 January 2024
Global EV sales, 2023 review and 2024 forecast

Introduction

Friday 12 January 2024
Tesla cuts China prices as world's biggest EV market slows
Tesla Inc. cut the price of both its locally made models in China, potentially setting the stage for further discounting as overall growth in the world's biggest electric car market...
Tuesday 26 December 2023
SK On boosts battery investment despite global EV market slowdown
South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of...
Tuesday 26 December 2023
Fuji Electric to increase power semiconductor investment, driven by the EV market
The demand for power semiconductors is being driven by the electric vehicle (EV) market, leading several semiconductor companies to respond accordingly. In addition to partnerships...
Monday 25 December 2023
ST signs long-term SiC supply contract with Li Auto
STMicroelectronics has inked a long-term supply agreement for silicon carbide (SiC) with Li Auto, a market leader in China's new energy vehicle sector, according to the companies...
Monday 18 December 2023
Chinese MCU makers rev up auto-grade chips for booming EV market
Driven by the robust domestic market opportunities in China's new energy vehicle sector, Chinese MCU (microcontroller unit) makers are accelerating the development of automotive-grade...