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Monday 15 July 2024
China's NEV sales surge domestically, face challenges abroad
The global electric vehicle (EV) market is experiencing a slowdown, with China's new energy vehicle (NEV)...
Friday 12 July 2024
Tesla delays robotaxi event in blow to Musk's autonomy drive
Tesla Inc. is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with...
Friday 12 July 2024
Tesla's EV dominance slips as US market diversifies
Tesla's global Electric Vehicle (EV) deliveries have declined for two consecutive quarters, a trend reflected in the US market.
Friday 12 July 2024
BYD to invest US$1 billion in Turkish EV factory, targeting EU market
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Friday 12 July 2024
Foxconn subsidiary to acquire Auto-Kabel for EUR72.5 million
Foxconn Interconnect Technology (FIT), a subsidiary of Hon Hai Technology Group (Foxconn), has announced plans to acquire Germany-based Auto-Kabel for a total of EUR72.5 million (US$78.8...
Friday 12 July 2024
German EV sales surge despite subsidy cuts, raises market optimism
According to statistics from the Federal Motor Transport Authority (Kraftfahrt-Bundesamt, KBA) in Germany, 43,000 new pure electric vehicles were registered in June, achieving a market...
Friday 12 July 2024
Chinese EV exports slump 13.2% in June, marking third monthly decline
According to data from the China Association of Automobile Manufacturers (CAAM), China's electric vehicle (EV) exports decreased by 13.2% in June 2024, marking the third consecutive...
Thursday 11 July 2024
Less than 20 Chinese EV brands to be profitable by decade's end
Just 19 of China's 137 current electric car brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate, or battle for a minor market share,...
Tuesday 9 July 2024
Beijing legislates for robotaxis as backlash against them climbs
Beijing will support the introduction of robotaxis in ride-hailing and car rental fleets in the city as advanced driver assistance systems become more commonplace in China.
Tuesday 9 July 2024
Honda to consolidate Thai car plants amid electrification push
Honda Motor Co. will consolidate its two car plants in Thailand by 2025 to deal with overcapacity and focus resources on electrification as battery electric vehicles gain popularity...
Tuesday 9 July 2024
EU tariff on Chinese EVs stirs industry waters, MG holds steady
The European Union's temporary tariff on Chinese electric vehicles (EVs) kicked in on the 5th, sparking varied reactions among automakers. Despite initial assurances from Chinese...
Tuesday 9 July 2024
Chinese EVs accelerate global expansion despite trade barriers
China's electric vehicle (EV) industry is aggressively pushing into overseas markets, navigating trade barriers from Europe and the US designed to stall its progress. However, these...
Monday 8 July 2024
BEV sales to hit 10 million in 2024, says Counterpoint
Battery electric vehicles (BEVs) are set to reach the 10-million milestone in 2024, marking a significant achievement for the global passenger vehicle market, according to Counterpoint...
Monday 8 July 2024
India bets big on hydrogen, lures car makers for pilot deployments
In a push to decarbonize, the Indian government is ramping up policy support for hydrogen-powered commercial vehicles. The National Green Hydrogen Mission aims to promote large-scale...
Thursday 4 July 2024
Chinese EVs defend market share in Europe as trade tension escalates
Chinese electric-car brands held on to their share of the slumping European EV market in May, ahead of new tariffs designed to protect local carmakers from their lower-cost imports...
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research