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Monday 2 June 2025
VinFast targets festive season EV launch in India, plans local production and hiring scale-up
Vietnamese electric vehicle maker VinFast plans to launch its VF6 and VF7 models in India ahead of this year's festival season, as it sets its sights on becoming a key player in the...
Thursday 29 May 2025
Yulon cites tariff uncertainty, urges clarity on auto policy
Yulon Motor convened its shareholders meeting on May 27, 2025, where President Kuo-hsing Hsu and Vice President Chien-hui Lee, who also chairs the Taiwan Transportation Vehicle Manufacturers...
Thursday 29 May 2025
Yulon to begin EV exports by 2026, outlines 2025 strategy
Yulon Motor held its annual shareholders' meeting on May 27, 2025, approving the company's 2024 financial results and unveiling ambitious plans to accelerate its electric vehicle...
Wednesday 28 May 2025
Luxury EV market in China nonexistent, says Porsche
Xiaomi has previously leveraged the technical know-how of China's EV industry by packaging it into a sleek Porsche-like body at an affordable price with its SU7, and has followed...
Wednesday 28 May 2025
Xiaomi boosts EV gross margin and doubles down on AI with major R&D push
Xiaomi reported strong progress in its electric vehicle (EV) and artificial intelligence (AI) businesses during its first-quarter 2025 earnings call on May 27, with company executives...
Wednesday 28 May 2025
BYD slashes EV prices by 35%, sparking industry alarm over long-term stability
In recent weeks, Chinese automotive giant BYD has slashed prices on as many as 22 of its electric vehicle (EV) models, including both battery electric vehicles (BEVs) and plug-in...
Wednesday 28 May 2025
Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales
Xiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue...
Wednesday 28 May 2025
Auto parts shift gears: Waffer and Getac hint at a 2025 rebound
The automotive supply chain, battered by a challenging year in 2024, is finally showing signs of recovery, with component manufacturers leading the way into a period of renewed growth...
Tuesday 27 May 2025
Yulon Motor eyes EV growth, lifestyle business momentum, and energy storage in 2025
At its shareholders' meeting on May 27, 2025, Yulon Motor Chairwoman Yen Chen-Li-Lien announced the company posted revenue of NT$25.9 billion (US$867 million) in 2024, maintaining...
Tuesday 27 May 2025
Chinese EV giants dethrone Tesla: BYD reigns in Europe while Xiaomi targets Model Y's China crown
Recent reports from Chinese automakers highlight a growing shift in the global electric vehicle (EV) market, with industry giants BYD and Xiaomi emerging as formidable competitors...
Tuesday 27 May 2025
Tesla's budget EV raises alarm among Korean, Japanese battery giants

As Tesla's long-rumored low-cost electric vehicle appears poised for launch, anxiety is rising across its global battery supply chain—particularly...

Monday 26 May 2025
Wolfspeed's collapse threatens SiC market: US$2B Renesas deal in jeopardy
Wolfspeed, the US-based chip component maker, is reportedly preparing to file for bankruptcy—sending shockwaves through the global semiconductor industry. The news has sparked...
Monday 26 May 2025
IFA Berlin CEO: Asian companies flocking to Europe as US tariff fears mount
Asian technology companies are scrambling for exhibition space at Europe's largest consumer electronics show as Trump administration tariff policies drive them away from the US market,...
Monday 26 May 2025
Foxtron’s global EV push gains speed—with a mystery US partner set to emerge by year-end
At its May 23 shareholders' meeting, Foxtron Chairman Young Liu reiterated the company's goal of achieving profitability by 2029. While still in the red, Liu highlighted the firm's...
Monday 26 May 2025
BYD topples Tesla in Europe— signals changing of the guard in EV race
China's EV giant BYD has overtaken Tesla in monthly sales across Europe for the first time, marking a pivotal shift in the region's automotive landscape and highlighting the growing...