Xpeng Motors, a Chinese electric vehicle (EV) manufacturer, has released its financial report for the second quarter of 2024. Despite ongoing challenges from a market price war, Xpeng's...

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

A new set of regulations governing mandatory local supply chain cooperation value ratios, announced by Taiwan's Ministry of Economic Affairs (MOEA) on July 30 and swiftly implemented...

With global electric vehicle (EV) sales slowing, hydrogen-powered vehicles are gaining unexpected attention.

SK Hynix has supplied high bandwidth memory (HBM) to Waymo, the autonomous vehicle subsidiary of Google. As the autonomous driving era dawns, HBM is expected to find widespread applications...

Tesla has reportedly paused its plans to build a factory in Thailand and will instead focus on establishing charging stations.

Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses.

Foxconn held an earnings call on August 14, where it discussed the progress of its 3+3 development strategy.

Thailand, a key automotive hub in Southeast Asia, is undergoing a significant shift towards electric vehicles (EVs). Driven by government incentives, many Chinese companies are entering...

The US is reportedly preparing to impose a ban on vehicle technology that raises cybersecurity concerns. While this move may not immediately impact automakers, it could further widen...

The US and EU have started addressing the influx of Chinese electric vehicles (EVs) entering global markets. The issue of oversupply may ease as investments by Chinese automakers...

The US is preparing to widen its confrontation with China over technology by challenging the world's second-largest economy in the rapidly emerging field of autonomous and internet-connected...

China is keenly positioning itself as a global frontrunner in autonomous driving technology. Strong government support coupled with intense competition among major cities has cultivated...

Europe's automotive industry is poised to face a historic turning point in 2024, with imports expected to surpass exports for the first time in decades. This looming trade deficit...

Toyota's Indian joint venture has signed a Memorandum of Understanding (MoU) to establish a new low-emission vehicle plant in India. This move aligns with the growing trend of Japanese...