NXP Semiconductors maintains an optimistic outlook for the electric vehicle market, emphasizing that new entrants in the automotive manufacturing industry are driving market expansion...
Macroblock, a leading LED driver IC manufacturer, has successfully entered China's electric vehicle (EV) supply chain in 2024. With its automotive product line steadily advancing,...
Following the Bureau of Industry and Security's (BIS) addition of over 100 Chinese companies to its entity list, China's four major associations for automobiles, internet, semiconductors,...
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...
The automotive industry faces unprecedented upheaval as traditional manufacturers from Europe, the US, Japan, and South Korea confront economic headwinds and weakening electric vehicle...
India is eager to establish a robust local EV manufacturing ecosystem, driven by the growing adoption of low-carbon vehicles in global markets. However, official data reveals a lack...
With China maintaining its position as the largest electric vehicle (EV) market globally, the semiconductor supply chain is intensifying its focus on the region. Industry leaders...
Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...
The potential of AI in advancing smart manufacturing has been widely recognized, but deaths and injuries involving robots at factories have called attention to functional safety,...
The European automotive supply chain faces deepening turmoil, with industry giants like Bosch, Valeo, and Ford announcing extensive layoffs. These developments underscore the ongoing...
Hotai Motor, Taiwan's automotive leader, projected Taiwan's vehicle market will reach 460,000 units in 2024, up from a prior estimate of 450,000 units, citing steady domestic demand...
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
The landscape of the three key new energy vehicle (NEV) markets—China, Europe, and the US—will undergo dramatic changes in 2025. Price competition is expected to continue,...