Chinese foundry Semiconductor Manufacturing International Corp. (SMIC) has formed a joint venture, Xinlian Power Technology, with capital from XPeng Motors, Luxshare Precision Industry,...
The Chinese automotive supply chain is still in the process of adjusting its inventory. Nevertheless, the third quarter is the traditional peak season for the automotive industry,...
The European Union's investigation into China-made EVs again drew the world's attention to China's leading position in the EV market. According to Cui Dongshu, secretary general of...
China-based new energy vehicle (NEV) manufacturers have scaled up in the past years, driving the semiconductor market growth. The automotive-grade MCU market has also expanded.
In June 2023, the Chinese government introduced two notable policies targeting the EV sector. One policy involves EV tax breaks, while the other entails the expansion of the new energy...
Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
China's largest new energy vehicle (NEV) maker BYD rolled its five millionth car off the production line on August 9. Chairman and president Wang Chuanfu said automotive electrification...
The latest data from the China Association of Automobile Manufacturers (CAAM) showed the country's automotive market is recovering. Production and sales of new energy vehicles (NEV)...
China's new energy vehicle (NEV) industry reached the milestone of producing its 20 millionth car on July 3. Experts are optimistic about the market, saying NEV is the new driving...
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
To boost its domestic new energy vehicle (NEV) sales, China announced on June 21 that it will again extend the purchase tax exemption to the end of 2027. However, the government will...
Chinese automakers are looking to enhance their product differentiation in the face of Tesla's cut-throat pricing competition, according to industry sources.
BYD finished 2022 strong despite facing multiple challenges. Increasing new energy vehicle (NEV) sales benefited the EV maker's revenue and profits. It reported CNY16.62 billion (US$2.4...
China will likely welcome back its robust EV market soon. Data from the China Passenger Car Association (CPCA) showed that wholesale and retail sales of new energy vehicles (NEV)...
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below...
