Tesla Inc. triggered a price war in China that's poised to reshape the world's biggest car market, with hefty discounts threatening to drive some automakers out of business.
US-based Albemarle Corporation announced on March 22 it has selected South Carolina as the site of its new lithium processing facility. The specialty chemicals manufacturing company...
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
China-based EV company Nio signed a strategic cooperation framework agreement with its supplier, Ningbo Tuopu Group, on March 16. The pair will collaborate on a "Tier-0.5" model,...
Volkswagen AG unveiled an affordable electric vehicle that's a couple years away from production, putting Europe's largest carmaker on a collision course with Tesla Inc.
The application benefits are getting clear for third-generation compound semiconductor GaN (gallium nitride) as it is increasingly adopted for charging piles, in-vehicle DC-DC power...
Silicon wafer supplier GlobalWafers is constructing a new 300mm (12-inch) silicon wafer plant in Sherman, Texas, and expects it to be ready for volume production in the first quarter...
Taisic Materials, a Foxconn Technology affiliate that has newly developed Taiwan's first homegrown 8-inch SiC wafer, will create an SiC wafer platform to break through SiC growth...
The efforts of system device vendors to develop new chips in-house have been stalled since the third quarter of 2022, but they have recently resumed their "acceleration track," according...
While Tesla aims to reduce the amount of silicon carbide (SiC) components by 75%, sources in the related industrial sectors nevertheless believe that SiC, with its good heat resistance...
China-based battery maker CATL had a strong 2022 despite the challenges caused by COVID-19 and the lithium price hike. The company saw a 152% growth in revenue and a 92.9% increase...
A price war started by Elon Musk's Tesla Inc. has spread beyond electric cars to gasoline-fueled vehicles as the likes of Peugeot SA's Citroen, Mercedes-Benz Group AG and General...
After Tesla officially announced that it will build a Gigafactory in Nuevo Leon, Mexico, the Mexican government said it has also suggested Tesla build a battery plant in Mexico, according...
Tesla's decision to significantly reduce SiC components in EVs has already shaken the Chinese capital market's confidence in the development of the country's SiC semiconductor industry,...
