As reducing carbon emissions becomes the shared goal, many countries have prioritized the electrification of buses. Taiwan-based Master Transportation and RAC Electric Vehicles, a...
Panasonic Group saw its net income hit a record high in the first half of the fiscal year 2023, thanks to the battery subsidies offered by the US Inflation Reduction Act (IRA). However,...
Toyota enjoyed a 155.6% year-over-year growth in operating income in the second quarter of fiscal year 2024, thanks to a weak Japanese yen and price hikes. With the improved financial...
Delta Electronics has announced that it is reorganizing its business units to better manage its rapidly growing electric vehicle (EV) operations. The firm is expecting an 80% on-year...
Toyota has made further commitments to EV battery production in the US. The automaker announced on October 31 that it will invest an additional US$8 billion into its battery plant...
The automotive industry has become one of the main drivers of Poland's economy. The country, a world-leading coal producer, has formed a clear plan to raise the EV penetration rate...
Stellantis NV reported better-than-expected revenue in the third quarter, bolstered by stable pricing, an improving supply chain and robust demand for models such as the electric...
Chinese automakers have been making strong efforts to expand internationally, not only showcasing their capabilities at the IAA Mobility 2023 in Germany but also actively entering...
Due to high-interest rates and inflation, coupled with conflict in the Middle East, the global electric vehicle (EV) market's growth trend is feared to slow down dramatically. Recently,...
As a part of its global expansion plan, Vietnam-based EV manufacturer VinFast is reportedly exploring potential locations for its upcoming manufacturing facility in India.
Nexchip Semiconductor, a Chinese mature-node IC foundry, has stepped up its deployment in the automotive IC sector with the opening of a new fab in Hefei specializing in manufacturing...
EVs have become the segment that the automotive, electronics, and semiconductor industries are all scaling up. Kim Tsai, chairman of Taiwan-based Mobiletron, recently shared his insights...
Chinese silicon carbide (SiC) company YASC completed a CNY3.8 billion (US$519.3 million) financing round in June 2023, the highest private equity financing for SiC devices. YASC recently...
Although Huawei's smartphone and car business success this year has been hailed as a turning point that left the impact of the US sanctions behind, Huawei's Q1-Q3 earnings numbers...
BYD Co. is rapidly closing in on Tesla Inc. as the world's biggest seller of pure electric vehicles, with surging profits underscoring its sales clout despite intensifying competition...