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NEWS TAGGED EV PRODUCTION
Friday 13 December 2024
BYD expands European EV production; Gotion targets battery growth in Morocco and Slovakia
The European Union's newly imposed tariffs on Chinese electric vehicles (EVs) are sending a ripple of concern through the global auto industry. In response, BYD, the top EV manufacturer...
Friday 13 December 2024
China's EV exports plummet despite its market penetration rate exceeding 50% for four months
China's domestic electric vehicle (EV) sales have maintained a penetration rate of over 50% for four consecutive months, reflecting strong growth in the domestic market, according...
Thursday 5 December 2024
India reportedly to expand incentive to attract EV manufacturers
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
Thursday 17 October 2024
Chinese EV makers seek reduced output targets in Thailand amid investment wave
Amid a wave of investment by Chinese electric vehicle (EV) makers in Thailand, which aims to establish itself as an EV production hub, these manufacturers are requesting a reduction...
Friday 23 August 2024
Passive component makers eyeing strong performance in 2H24, driven by automotive clients
With AI applications flourishing and EV production continuing to rise, the passive component supply chain remains optimistic about future growth momentum.
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Wednesday 6 March 2024
Tesla suspends Gigafactory Berlin after arson attack paralyzes power supply
EV giant Tesla was forced to halt production at its Gigafactory near Berlin on March 5 because a high-voltage pylon near the site was set on fire, damaging the plant's power supply...
Wednesday 10 January 2024
Safety concerns spell trouble for Cybertruck's European market access
Tesla's much-hyped and allegedly bulletproof Cybertruck has hit a rough patch on the road to Europe, and concerns were raised about the Cybertruck's potential inability to obtain...
Monday 25 December 2023
BYD confirms plan to build EV production base in Hungary
Chinese automotive giant BYD announced that it will construct an EV production plant in Hungary. As the company continues to experience overseas sales increase, the project is expected...
Wednesday 29 November 2023
Shifting gears: dynamics of investment in EV production and supply chains in the global automotive landscape
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
Wednesday 29 November 2023
Hyundai will suspend Asan plant to prepare for Ioniq 7 mass production
Hyundai Motor is gearing up for the mass production of Ioniq 7 to scale its EV business. The company plans to suspend operations at its Asan plant in South Korea for two months to...
Tuesday 17 October 2023
India considering offering incentives for EV production
With the explosive growth in electric vehicle sales and potential investments from Tesla and VinFast, India is looking to craft a policy to incentivize local production for low-carbon...
Tuesday 22 August 2023
Kymco sets up two-wheel EV joint venture with Arun Plus
To expand the market for electric two-wheelers abroad, Taiwanese motorcycle brand Kymco and Kymco Capital have partnered with Arun Plus, a wholly-owned subsidiary of Thailand's state-owned...
Thursday 17 August 2023
Hyundai acquires GM's Indian facility to expand EV production
Hyundai Motor Group agreed to acquire a manufacturing facility from General Motors (GM) in India, as the Korea-based automaker is looking to expand in the world's third-largest auto...
Friday 7 July 2023
What new biz opportunities will the AI server boom bring to Taiwan supply chain players?
Alongside the growing application of generative AI technology, the ongoing trend of AI servers adopting multiple GPU architectures is seen to bring various new business opportunities...