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Friday 6 June 2025
Chinese automakers slash prices as profit margins sink below that of bubble tea chains
China's automotive sector has descended into a brutal price war as the industry enters its traditional slow season, with more than 70 models from manufacturers including BYD, Geely,...
Friday 6 June 2025
India reportedly mulls rare earth magnet stockpiles, incentives to counter China export curbs
India is reportedly in talks with companies to create long-term stockpiles of rare earth magnets and boost domestic production through fiscal incentives as it scrambles to secure...
Friday 6 June 2025
Arm's Zena CSS shaves a year off auto chip development
Arm has introduced Zena Compute Subsystems (CSS), a pre-integrated, safety-certified automotive compute platform designed to cut chip development timelines by up to 12 months. Announced...
Friday 6 June 2025
Tesla's Robotaxi to hit the road in Austin, escalating Waymo rivalry
Tesla is set to launch its first robotaxi service in mid-June 2025 in Austin, Texas, officially entering the competitive landscape of fully autonomous ride-hailing. The rollout marks...
Thursday 5 June 2025
BYD's delayed price war sets off shockwaves across China's EV sector—here's why
China's electric vehicle market has been thrown into fresh turmoil following a new round of steep price cuts from BYD, reigniting a heated price war and triggering public disputes...
Wednesday 4 June 2025
Xiaomi sees EVs break-even in 2H25 after the launch of YU7
Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability expected as early as the second half of 2025, CEO Lei Jun told...
Wednesday 4 June 2025
Xiaomi and Huawei clash in China's EV endgame
China's electric vehicle market has entered a high-stakes phase, as Xiaomi and Huawei escalate their rivalry across pricing, product quality, retail footprint, and social media messaging...
Wednesday 4 June 2025
ASE bets on new chip tech to handle AI’s rising power and speed needs
ASE has introduced a new packaging innovation—FOCoS-Bridge with through-silicon via (TSV) integration—designed to support the growing power and bandwidth needs of artificial...
Wednesday 4 June 2025
BYD's sweeping price cuts spark industry revolt, draw Beijing into the fray
Chinese electric vehicle giant BYD saw its market capitalization plunge in late May after initiating sweeping price cuts of up to 34%, fueling fears of a full-blown price war and...
Tuesday 3 June 2025
Waffer Technology sees May revenue dip but expects recovery on auto rebound and magnesium alloy demand
Waffer Technology, a key supplier of magnesium and aluminum structural parts, reported NT$532 million (approximately US$17.8 million) in revenue for May 2025, reflecting an 11.08%...
Monday 2 June 2025
VinFast targets festive season EV launch in India, plans local production and hiring scale-up
Vietnamese electric vehicle maker VinFast plans to launch its VF6 and VF7 models in India ahead of this year's festival season, as it sets its sights on becoming a key player in the...
Thursday 29 May 2025
Yulon to begin EV exports by 2026, outlines 2025 strategy
Yulon Motor held its annual shareholders' meeting on May 27, 2025, approving the company's 2024 financial results and unveiling ambitious plans to accelerate its electric vehicle...
Wednesday 28 May 2025
Xiaomi boosts EV gross margin and doubles down on AI with major R&D push
Xiaomi reported strong progress in its electric vehicle (EV) and artificial intelligence (AI) businesses during its first-quarter 2025 earnings call on May 27, with company executives...
Wednesday 28 May 2025
BYD slashes EV prices by 35%, sparking industry alarm over long-term stability
In recent weeks, Chinese automotive giant BYD has slashed prices on as many as 22 of its electric vehicle (EV) models, including both battery electric vehicles (BEVs) and plug-in...
Wednesday 28 May 2025
Auto parts shift gears: Waffer and Getac hint at a 2025 rebound
The automotive supply chain, battered by a challenging year in 2024, is finally showing signs of recovery, with component manufacturers leading the way into a period of renewed growth...