China-based BYD accelerates its expansion in emerging markets. The EV company announced with the Bahia state government of Brazil a plan to construct an industrial complex for EVs...
Tesla CEO Elon Musk visited China on May 30. He is expected to meet with several Chinese officials and check on the company's Shanghai plant. At a meeting with China's foreign minister,...
South Korean Trade, Industry and Energy Ministry announced on May 23 that the government and local automakers will invest KRW14.3 trillion (US$10.9 billion) in the automotive component...
Electronics and semiconductors are Taiwan's two 'diamond' industries with complete ecosystems and strong tech resources, and their close combination is being highlighted in the trends...
China's increasingly heated car price war is exacting a heavy toll on automakers. Steep discounts have failed to reverse a slide in sales for most manufacturers, and earnings have...
Rumors concerning the real reasons behind Tesla's decision to announce a 75% cut in SiC use for its future EVs have recently emerged, with some sources saying it has a lot to do with...
Tesla plans to scale up its capital expenditure in 2023 to ramp up production and product launch following its CEO Elon Musk's stated intention to continue the EV price war, pitting...
The high price has always been viewed as one of the key reasons why it is difficult for EVs to gain fast adoption. Foxconn's chief strategy officer for electric vehicles (EVs) Jun...
Hon Hai Precision Industry (Foxconn) expects to kick off commercial production of its new Model C series electric vehicles (EV) in the fourth quarter of 2023, with models in the US$30,000...