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Monday 20 May 2024
EVs, smart driving systems fall victim to price war in China's car market
Price slashing has become increasingly common in China's automobile industry, even as the industry progresses from EVs to smart vehicles.
Monday 20 May 2024
Will EV demand rebound in 2025?
Demand for battery EVs has faced challenges since the second half of 2023. Sales volume has sagged this year, especially in Europe and the US, the world's second and third-largest...
Monday 20 May 2024
Mahindra to invest US$1.4 billion in EV business
Mahindra announced a substantial investment in its EV business over the next three years as the company tries to catch up with EV leaders, particularly Tata, in the rapidly growing...
Thursday 16 May 2024
Nio is launching a more affordable brand in direct challenge to Tesla
Nio Inc. is launching a more affordable electric car brand in China in a bid to gain a firmer foothold in the world's most competitive market as Tesla Inc.'s momentum slips.
Thursday 16 May 2024
Samsung reportedly ditches self-driving EV software to focus on robotic intelligence
Following reports of Apple's withdrawal from the development of self-driving electric vehicles, Samsung Electronics is reportedly discontinuing its preliminary research on software...
Thursday 16 May 2024
Kymco unveils e-scooter with integrated charging and battery swapping
In a bold move to cater to the evolving energy needs of consumers, Kymco has launched its first electric scooter series featuring the Ionex BMU battery metering module, which integrates...
Thursday 16 May 2024
Stellantis forms JV with Leapmotor, EU likely to put punitive tariffs on Chinese EVs
European automaker Stellantis has deepened ties with its Chinese partner Leapmotor.
Thursday 16 May 2024
South Korean companies to walk tightrope between US tariffs, China's upcoming retaliation
The US announced 25% to 100% tariff hikes on China-made EVs, batteries, semiconductors and other goods. Although the move does not impact South Korean industries for now, companies...