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Thursday 10 April 2025
Luxury carmakers struggle to retain value in EV era as Porsche, Maserati falter
Some luxury car brands have found it difficult to adapt to vehicle electrification, such as Maserati and Porsche, both of which have seen sales dip.
Thursday 10 April 2025
Foxconn hopes to work with Nissan on EVs
Hon Hai Precision Industry (Foxconn) hopes to collaborate with Nissan Motor to advance its electric vehicle (EV) business, according to Jun Seki, chief strategy officer (CSO) of Foxconn's...
Wednesday 9 April 2025
Samsung Chair seeks strategic alliances during Japan visit
Samsung Electronics Executive Chairman Lee Jae-yong, currently visiting Japan, is expected to meet with Japanese Prime Minister Shigeru Ishiba to discuss potential cooperation in...
Wednesday 9 April 2025
Taiwan Cement partners with three major players to form Europe's largest EV charging alliance
Taiwan Cement's (TCC) European subsidiary, Atlante, which focuses on energy storage and electric vehicle (EV) fast-charging services, has announced the establishment of Spark Alliance...
Tuesday 8 April 2025
Xiaomi SU7 fatal crash exposes risks amid China's fast-tracking of autonomous driving
On March 29, a Xiaomi SU7 operating in Navigate on Autopilot (NOA) mode crashed on a highway in Anhui Province, killing three college-aged passengers. Despite detecting an obstacle...
Wednesday 2 April 2025
BYD sells over one million NEVs in 1Q25, eyes 5.5 million annual sales
Chinese electric vehicle giant BYD has reported first-quarter sales exceeding one million new energy vehicles (NEVs), marking a nearly 60% increase year-on-year.
Monday 31 March 2025
BYD evaluates Telangana for EV manufacturing unit amid thawing India-China ties
Chinese electric vehicle (EV) manufacturer BYD is considering establishing an electric car manufacturing unit near Hyderabad, which would make Telangana the first Indian state to...
Monday 31 March 2025
Geely's Zeekr establishes company in South Korea to accelerate entry into high-end market
Zeekr, the premium electric vehicle (EV) brand under Geely, is making swift moves to enter the South Korean market. On December 28, 2024, the company registered "Zeekr Intelligent...
Monday 31 March 2025
From smartphones to smart mobility: Xiaomi's bold EV transformation takes flight
Xiaomi made a strong entry into the electric vehicle (EV) market in 2024, selling 136,800 units of its debut model, the SU7. Founder Jun Lei has set an ambitious target of reaching...
Friday 28 March 2025
SenseTime cuts losses by one-third in 2024, generative AI now 64% of revenue
SenseTime reported its full-year 2024 earnings, revealing a significant narrowing of losses alongside a surge in generative AI (GenAI) revenue, underscoring the Chinese AI company's...
Friday 28 March 2025
Sonix unveils high resolution wireless image transmission solution for UAVs
Microcontroller (MCU) vendor Sonix Technology has ventured into the drone market by launching a high-resolution digital image transmission system to enhance the real-time control...
Thursday 27 March 2025
CMC resumes MG production, unveils 2025 EV and SUV plans amid tariff uncertainty
Taiwan-based China Motor Corporation (CMC), a Yulon Group subsidiary, held an investor conference on March 26, addressing the MG brand's production status, Taiwan's potential auto...
Wednesday 26 March 2025
Foxconn eyes potential partnership with Mitsubishi Motors, expanding into ASEAN and Oceania markets
Foxconn Chairman Young Liu recently revealed in an earnings call that the company would soon announce a partnership with a Japanese automaker. Following this, rumors quickly emerged...
Wednesday 26 March 2025
China seizes auto display lead on EV tailwinds; Taiwan bets on high-end
The global auto display panel market is expanding rapidly amid rising demand for smart and electric vehicles. China is gaining ground as a major supplier, fueled by its fast-growing...
Wednesday 26 March 2025
Xiaomi, BYD secure billions for EV global push
On March 25, 2025, Xiaomi Group made waves in the market with its announcement of an 800 million new share offering, aiming to raise a substantial HKD42.5 billion (US$5.47 billion)...