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NEWS TAGGED NEV
Wednesday 28 June 2023
China auto market recovery remains insignificant
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Wednesday 21 June 2023
China extends NEV purchase tax exemption to the end of 2027
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...
Monday 10 April 2023
Chinese car vendors rely on spec differentiation to fend off Tesla pricing pressure
Chinese automakers are looking to enhance their product differentiation in the face of Tesla's cut-throat pricing competition, according to industry sources.
Wednesday 29 March 2023
BYD enjoys 445.86% profit growth in 2022, expects promising 2023 with overseas expansion
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...
Tuesday 21 March 2023
China sees signs of NEV market recovery in February
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)...
Tuesday 21 March 2023
Lithium carbonate prices drop nearly 40% amid China's NEV subsidy reduction
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...
Thursday 16 March 2023
China makers building own IGBT supply chain for EV applications
Ever-rising demand for electrical vehicles (EVs) is driving fast development of IGBT (insulated gate bipolar transistor) module applications, prompting Chinese semiconductor players...
Monday 13 March 2023
NEV makers rush to launch new models, putting supply chain under pressure
Macro-environmental factors such as the pandemic and war took a toll on the automotive industry in the past few years. As the threats are now slowly fading, car manufacturers have...
Monday 13 March 2023
Corporate representatives in China's NPC offer their suggestions regarding the domestic chip industry
China's annual Two Sessions meeting of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) began on March 4. According to a report...
Friday 3 March 2023
Taiwan chipmakers to see orders from China NEV industry surge in 2023
Taiwan-based IC design houses, such as Realtek Semiconductor, Novatek Microelectronics and Yusun Electronics, have entered the supply chain of BYD and other Chinese electric vehicle...
Monday 20 February 2023
Chery teams up with Gotion to build NEV production base in Argentina
China-based Chery Automobile announced a two-phase investment plan in Argentina last week. The carmaker aims to build a NEV production base with a local battery supply from the Chinese...
Friday 17 February 2023
Shenzhen announces financial guidance to develop NEV supply chain
Municipalities in China are trying to maintain the EV momentum after the national subsidy program ended last year. Shenzhen just released its financial policies to support the development...
Friday 3 February 2023
Robust demand drives China's NEV global market share to record 63%
While COVID-19 posed a great challenge for China's automotive industry last year, the country saw its new energy vehicle (NEV) market grow. According to China Passenger Car Association...
Thursday 26 January 2023
BYD semiconductor halts IPO plan
BYD Semiconductor, a subsidiary of Chinese EV maker BYD, has recently announced to halt its IPO plans for the ChiNext board. The company will turn the focus back to expanding chip...
Thursday 19 January 2023
What does China's NEV market look like in post-subsidy 2023?
China will see a weak automotive market in January. As the national new energy vehicle (NEV) subsidy program ended last month, experts said sales will likely slow down in 2023, resulting...
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Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
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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