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Friday 7 June 2024
Nine local carmakers approved to test L3 vehicle autonomy in China
The Chinese Ministry of Industry and Information Technology (MIIT) has approved nine local carmakers to conduct public trials on Level 3 and Level 4 vehicle autonomy. Tesla and other...
Thursday 6 June 2024
EU's potential tariff could be self-destructive as China supports 60% of the bloc's EV imports
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are...
Friday 31 May 2024
Tesla reportedly to register FSD software in China
Tesla is said to proceed with a plan to launch its Full Self-Driving (FSD) software in China. The EV company is on track to register the technology and aims to activate the service...
Monday 27 May 2024
Automakers have rearranged supply chain to respond intensifying trade war
The economic conflict centering on EVs is heating up. Tesla CEO Elon Musk recently said he does not support the US tariff hike on China-made EVs. However, Tesla has rearranged its...
Friday 24 May 2024
Musk's xAI nears close of deal valuing startup at US$24 billion
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
Friday 24 May 2024
Tesla skips delivery target of 20 million EVs by 2030 in latest impact report
Tesla no longer emphasizes a sales target of 20 million vehicles by the end of this decade as the company accelerates the development of autonomous driving, its 2023 impact report...
Tuesday 21 May 2024
LGES likely to overtake Panasonic in launching 46800 battery mass production
LG Energy Solution has been progressing in the development of the 46800 battery.
Monday 20 May 2024
TSMC mass produces Tesla's Dojo AI training tiles, eying 40x power boost by 2027
TSMC has started producing Tesla's next-generation Dojo AI training tiles with its InFO_SoW (Integrated Fan-Out System-on-Wafer) technology, aiming for a 40x increase in computing...
Monday 20 May 2024
Tesla suffers crippling effect from charging team layoff before FSD comes to its rescue
After Tesla reported weaker-than-expected sales in the first quarter of 2024, CEO Elon Musk has taken several measures to maintain the company's leadership in the EV sector. However,...
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.
Monday 13 May 2024
Tesla trimming charging team helps rivals catch up, benefiting Taiwanese suppliers
As Tesla lays off almost its entire team for charging business and slows charging station deployment, its competitors are poised to grow their market share and lure talents who left...
Friday 10 May 2024
Panasonic's battery unit benefits from US subsidy as weak EV demand to impact sales
Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Wednesday 8 May 2024
Excellence Opto expected to improve profit significantly in 2H24
Rumors have been around in the electric vehicles market, with Tesla's Cybertruck recently facing a recall, causing a temporary slowdown in supply chain deliveries. It is anticipated...
Wednesday 8 May 2024
BYD surges ahead in R&D, exceeding Tesla with satcom debut 'on the road'
With the rapid development of intelligent connected vehicles, cars have gradually become important mobile terminals, carrying an increasing number of interconnection needs based on...
Thursday 2 May 2024
Tesla cuts charging team, reportedly scales back Gigacasting innovation
Ongoing layoffs at Tesla have hit the EV maker's charging team.