International electric vehicle (EV) companies, such as Ford Motor and General Motors (GM), are struggling to operate in China's hypercompetitive and low-priced EV environment.
General Motors (GM) recently announced the elimination of over 1,000 jobs, with its software and services division bearing the brunt of the cuts. This move underscores the immense...
Fuel Cell System Manufacturing (FCSM), a joint venture between General Motors and Honda, has started making new fuel cell systems for EVs since January 25. The production costs are...
The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
China's autonomous driving startup Momenta reportedly has recruited the Oppo-disbanded Zeku chip design team to support its in-house chip development, and has also partnered with...
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...
Quanta Computer's automotive business is transitioning from investment cultivation to profit harvesting, according to the Taiwan-based ODM, which expects the business to account for...
The integration of upcoming vehicles and smartphones has garnered international attention; however, industry observers noted that Eastern and Western automakers are employing very...
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the...
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially...
Shortages of automotive ICs have been significantly reduced since 2023, with variations in demand now serving as the primary driver, according to sources in the car industry supply...
General Motors (GM) and GlobalFoundries (GF) have jointly announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply. Through...
Notebook supply chain players continue to carry on inventory correction amid lingering market headwinds, prompting Taiwan-based ODMs to step up deployments in non-notebook segments,...
Successfully averting the crisis of automotive chip shortages, Hyundai Motor Group leapt to the world's 3rd-largest automaker by sales volume in the first half of 2022, up from 5th...
Hertz Global Holdings plans to buy as many as 175,000 electric vehicles (EV) from General Motors over the next five years, the latest major step by the rental giant to embrace plug-in...
