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Tuesday 5 December 2023
Foxconn invests in US EV startup
Hon Hai Technology Group (Foxconn) recently invested in Indigo Technologies, a US electric vehicle startup, through its subsidiary Foxconn EV Technology, in order to speed the development...
Tuesday 5 December 2023
Automakers deepen ties with ICT companies to scale autonomous driving
Level 2 and 3 vehicle autonomy is poised to become a car's standard feature as automotive electronics companies and automakers continue to promote the technology. Taiwanese carmaker...
Tuesday 5 December 2023
Has the best opportunity to enter the Chinese car market passed?
China has seen plenty of EV companies emerge and the competition between car parts suppliers grows intense. Supply chain sources said if a component maker cannot offer indispensable...
Tuesday 5 December 2023
IC design houses upbeat about demand from Chinese EV market
The expanding Chinese electric vehicle (EV) market, also the world's largest EV market, has become a target for Taiwan-based IC design houses.
Monday 4 December 2023
Modi shouldn't chase Musk to make in India: Mihir Sharma
Elon Musk may be close to winning a long-running battle of wills with the Indian government. Policy makers in New Delhi have been hoping to entice Tesla Inc. to produce electric vehicles...
Monday 4 December 2023
Japanese battery material companies diversifying suppliers as China tightens exports
China has imposed stricter export controls on graphite, a critical EV battery material, since December 1. Many Japan-based companies relying on China's raw materials have been diversifying...
Monday 4 December 2023
US' China-targeted battery rules likely to slow EV adoption
The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
Monday 4 December 2023
No, Porsche doesn't part ways with Apple while embracing Google's built-in
Volkswagen Group has accelerated collaboration between its brands and third-party software developers. One of the cases was Porsche announced at the end of October that it will adopt...
Friday 1 December 2023
Tesla Cybertruck comes at higher-than-expected starting price; delivery begins in 2024
Tesla officially launched the long-waited Cybertruck on November 30, with three configurations available. The cheapest rear-wheel model has a price tag of US$60,990, over 50% more...
Friday 1 December 2023
Nio adds Geely as battery-swapping ecosystem partner
China-based EV company Nio secured a partnership with another traditional carmaker in China. Nio signed a strategic cooperation agreement with Geely Holding on November 29 for battery...
Thursday 30 November 2023
BMW, Mercedes to set up joint EV charging network in China
BMW AG and Mercedes-Benz Group AG will cooperate on a fast-charging network for EVs in China with a plan to open at least 1,000 stations by 2026, a move that will still leave the...
Thursday 30 November 2023
Research Insight: order backlog, China demand to drive Infineon automotive segment in FY24
While carmakers and automotive semiconductor companies hold different views on the outlook for the global car market, industry leader Infineon is optimistic about the future. According...
Thursday 30 November 2023
BYD secures significant victory in Singapore's largest electric bus contract
The Land Transport Authority (LTA) in Singapore recently announced that it will grow the country's electric bus fleet. The agency plans to spend SGD221.5 million (US$166 million)...
Wednesday 29 November 2023
Shifting gears: dynamics of investment in EV production and supply chains in the global automotive landscape
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
Wednesday 29 November 2023
Toyota and affiliates to sell 10% Denso stakes as the carmaker ramps up EVs
Toyota Motor and its two affiliates, Toyota Industries and Aisin plan to sell 10% of their stakes in Denso, the world's second-largest tier-1 automotive supplier. The move likely...