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Tuesday 18 June 2024
Automotive, AI servers to drive at least 20% growth for LemTech
LemTech Holdings is projecting growth in both revenue and profit for 2024, driven by its automotive and AI server product lineup.
Tuesday 18 June 2024
BYD becomes official partner of UEFA Euro 2024
BYD has been selected as the official e-mobility partner of UEFA Euro 2024, replacing Volkswagen, signifying the increasing prominence of Chinese businesses on the international st...
Monday 17 June 2024
Does AI scale-up distract emerging Taiwanese automotive tier-1 suppliers?
Geopolitics and the Group of Two (G2) dynamic have attracted Taiwan's ICT supply chain much attention.
Friday 14 June 2024
PurismEV leverages vehicle control to extend EV range by 40%
As most EV industry players focus on improving battery technology to mitigate range anxiety, PurismEV has found an alternative. The Taiwan-based startup targets vehicle control. Its...
Thursday 13 June 2024
China EV makers have room to absorb EU tariffs, find new markets
Chinese electric carmakers may be crying foul over the European Union's imposition of additional tariffs, but they have several options to keep growing, including shifting production...
Thursday 13 June 2024
Legacy tier-1s find themselves in tight spot as automakers transfer cost pressure
Legacy automotive tier-1 suppliers are in hot water because major automakers face fierce competition and scale back their EV investments. Carmakers continue to pressure tier-1s, saying...
Thursday 13 June 2024
China EV price war takes its toll, fueling involution
Cut-throat pricing competition in China's Electric Vehicle (EV) market has induced heavy losses in all sectors along the value chain, triggering a blame game among major players for...
Wednesday 12 June 2024
European officials say China EV tariffs may be around 25%
The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European...
Wednesday 12 June 2024
Chinese battery makers unfazed by US threats of sanctions
Chinese battery makers CATL and Gotion High-Tech have dismissed US congressmen's accusations that forced labor is involved in their supply chains.
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Tuesday 11 June 2024
India roundup: Foxconn Hyderabad facility to begin operation in August, says Indian official
India's electronics manufacturing and EV market will grow despite a potential slower pace after the general elections.