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NEWS TAGGED EV PRODUCTION
Thursday 6 July 2023
BYD to build EV production base in Brazil
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...
Wednesday 31 May 2023
Musk meets Chinese officials to deepen Tesla's China ties
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,...
Wednesday 24 May 2023
South Korea will inject KRW14 trillion into auto parts industry to boost EV production
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...
Friday 12 May 2023
Silicon Island Chronicles series interview: MIH Consortium CEO highlights semiconductor and electronics advantages for building EV ecosystem in Taiwan
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...
Wednesday 10 May 2023
Price war squeezes Chinese carmakers with no relief in sight
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...
Wednesday 26 April 2023
What's behind the scenes of Tesla's big SiC cut ?
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...
Tuesday 25 April 2023
Tesla raises capex for 2023, ushers in EV production and price war
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...
Friday 21 April 2023
Focused on popularizing EVs, Foxconn aims for 1 million yen price point
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...
Thursday 13 April 2023
Foxconn focuses on US$30,000 price bracket for EVs
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...