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Wednesday 27 November 2024
China's auto semiconductor growth driven by electrification and smart tech
Global IDM leader Onsemi announced a cautious outlook for the semiconductor market in its third-quarter 2024 financial report. CEO Hassane El-Khoury tempered expectations for 2025 but underscored promising growth in China's new energy vehicle (NEV) and industrial energy storage markets, which remain resilient amid broader industry challenges.
Tuesday 26 November 2024
Tesla faces fierce competition as FSD eyes China debut
Tesla plans to launch its Full Self-Driving (FSD) technology in China by early 2025, though regulatory approval remains uncertain. Domestic automakers are intensifying efforts to showcase their tech, with Xiaomi demonstrating automated parking on its SU7 EV. However, reports of parking mishaps have surfaced, prompting Xiaomi to cover repairs and offer compensation, though the actual number of incidents is unclear amid fierce market competition.
Tuesday 19 November 2024
Chinese automotive giants dazzle with smart driving innovations, steering China's 2025 market trends
Auto Guangzhou 2024, opening on November 15, stands as China's final flagship auto event of the year. It previews key trends that will shape the 2025 automotive market. With 1,171 new models showcased, including 512 electric vehicles (EVs), the event highlights the surging dominance of China's local EV brands.
Tuesday 19 November 2024
Trump's potential EV tax credit cut could boost Tesla's market dominance while challenging rivals
With Donald Trump expected to take office in January, his transition team reportedly aims to kill the US$7,500 consumer tax credit for electric vehicle (EV) purchases, a central provision of the IRA. Tesla reportedly showed support, as the proposal is expected to benefit Tesla at the expense of many.
Monday 18 November 2024
China EV makers bet on self-driving models to fend off Tesla
Autonomous driving and artificial intelligence are the buzzwords at this week's Guangzhou auto show — the last major gathering of Chinese carmakers for the year.
Friday 15 November 2024
Trump's return may reshape Tesla's China battery strategy for mass-market EVs
The anticipated return of Donald Trump to the White House could prove pivotal for Tesla's strategy in energy and advanced self-driving technology, as the integration of AI into advanced autonomous driving is expected to significantly enhance the affordable battery electric vehicles (BEVs) market.
Wednesday 13 November 2024
Trump's second term set to shake up US tech landscape: ripples across AI, semiconductors, EVs, and China ties
During his US presidential campaign trail, President-Elect Donald Trump vowed to overturn key Biden administration policies. Now, with his election victory, the tech sector awaits significant policy shifts that could reshape multiple industries.
Monday 11 November 2024
US chip curbs boost Huawei's lead in China's autonomous vehicle race
With US restrictions on China's semiconductor sector affecting its intelligent vehicle development, Huawei has emerged as a crucial player in advancing the nation's autonomous driving capabilities and technological self-sufficiency. The company's extensive experience in telecom and smartphones has positioned it well for this role.
Thursday 24 October 2024
Dekra pours NT$1bn into Taiwan expansion for IoT, AI testing
Dekra, the world's largest independent testing, inspection, and certification organization, officially opened its new Taiwan headquarters in Linkou, New Taipei City, on October 23, along with expanded laboratory facilities. This strategic expansion aims to strengthen Taiwan's position in key sectors including ICT, vehicle connectivity, IoT, and intelligent automotive systems.
Wednesday 23 October 2024
Horizon Robotics launches Hong Kong IPO with Alibaba, Baidu support and TSMC manufacturing
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city's listing market after a prolonged downturn. The company will issue 1.36 billion shares, priced between HKD3.73 and HKD3.99 (approx. US$0.48-0.51) each. If successful, the IPO will be the largest in Hong Kong this year, exceeding China Resources Beverage's US$650 million offering launched earlier.
Tuesday 22 October 2024
Foxconn deepens SDV development to support smart car transformation
At the 2024 Hon Hai Tech Day (HHTD24), DIGITIMES Research conducted an insightful interview with Foxconn about the future of software-defined vehicles (SDVs). The discussion explored the impact and potential applications of SDVs in the automotive industry from multiple angles, while Foxconn showcased practical applications demonstrating how these vehicles are reshaping the automotive landscape.
Tuesday 22 October 2024
China's auto sector profit squeeze: CR Micro chief warns against reckless expansion
The Chinese automotive supply chain is facing intense competition, with the industry's profitability continuing to decline. Profit margins have dropped below 5%, prompting Hong Li, president of leading power semiconductor manufacturer CR Micro, to call for an end to blind investments in new factories to escape this relentless cycle of competition.
Monday 21 October 2024
Tesla's 'Full Self-Driving' faces probe after pedestrian death
The US opened a federal investigation into whether Tesla Inc.'s partial-automation system marketed as Full Self-Driving is defective after multiple crashes, one of which resulted in a fatality.
Friday 18 October 2024
Japan-Taiwan's urban compact EV Lean3 to enter production
Through new fundraising, Japan-Taiwan electrical vehicle (EV) manufacturing company Lean Mobility has achieved a cumulative funding of JPY4.6 billion (US$30.8 million), allowing it to reach a crucial milestone towards the mass production of its urban compact EV RideRoid "Lean3."
Thursday 17 October 2024
HHTD24: NVLink Switch unveiled, in-house equipment maximizes automation
This year's Hon Hai Tech Day (HHTD24) not only showcased Foxconn's latest technological developments and plans to partners, investment institutions, and the media, but it was also open to the general public for the first time. Noteworthy technology and applications have been summarized as follows.
Thursday 17 October 2024
New regulations for Taiwanese vehicles take effect; manufacturers and supply chains overwhelmed
The Ministry of Economic Affairs' Industrial Development Administration (IDA) published guidelines for recognizing localized supply chain cooperation value ratios for Chinese vehicle models on October 14. Different required localization ratios will apply based on the vehicle's launch date, with the highest requirement exceeding 35%, effective immediately upon release.
Wednesday 16 October 2024
Global autonomous vehicle race heats up: Hyundai plays catch-up amid US and China dominance
The global autonomous vehicle market is rapidly evolving, with companies like Tesla, Waymo, and Zoox leading innovation in technologies and services. As Chinese firms join the competition, this dynamic landscape presents both challenges and opportunities for South Korea's automotive sector, particularly Hyundai Motor Group.
Tuesday 15 October 2024
Tesla doubles down on autonomous driving, reveals inefficiencies of Europe and US compared to China
Tesla, positioned at the intersection of energy and AI, showcases its advanced self-driving vehicles, Cybercab and Robovan. These vehicles, which eliminate steering wheels and pedals, signal a clear intent to transition into "driverless" technology. This development indirectly highlights the ongoing competition in high-level autonomous driving between the East and West, revealing operational inefficiencies within European and US governments that are increasingly challenged by China's advancements.
Tuesday 15 October 2024
Tesla faces challenges in China's evolving autonomous vehicle market
Tesla's self-driving ambitions are facing a critical test as it seeks to penetrate China's intelligent vehicle market, where the rules of the game are already being reshaped.
Tuesday 15 October 2024
ASTRI leads Hong Kong's smart mobility push with autonomous bus trials set for 1Q25
China has been at the forefront of self-driving technology development, with around 20 cities conducting extensive trials. Beyond major metropolises like Beijing, Shanghai, and Guangzhou, Hong Kong is also making significant strides in the field. The Hong Kong Applied Science and Technology Research Institute (ASTRI) is set to launch pilot trials of autonomous buses on public roads in the first quarter of 2025, marking a significant milestone in the city's smart mobility initiatives.
Monday 14 October 2024
N7 LR deliveries begin November at the earliest, says Luxgen
Yulon Motor subsidiary Luxgen officially launched its first electric SUV, the N7 Long Range (LR), on October 3. The vehicle made its debut at the 2024 Hon Hai Technology Day (HHTD24).
Monday 14 October 2024
Foxconn's Model B EV nears production; Luxgen files N5 trademark
Beyond the recent unveiling of the latest Model electric vehicle at the 2024 Hon Hai Technology Day (HHTD24), there is keen interest in which additional models are approaching mass production and retail sales. Among them, the highly anticipated Model B electric crossover SUV is certainly the focus.
Friday 11 October 2024
Musk shows Tesla Cybercab, sees sub-US$30,000 cost and 2026 production
Elon Musk unveiled long-awaited prototypes of a Tesla Inc. robotaxi called Cybercab, saying production may start in 2026 and that the vehicle could cost less than $30,000.
Friday 11 October 2024
Foxconn flexes AI muscle, showcases breakthroughs in autonomous driving
Foxconn extended HHTD24 to a two-day event, showcasing major advancements in autonomous driving technology and semiconductor developments. The company emphasized AI's crucial role in enabling self-driving capabilities, establishing it as a key driver of progress in the autonomous vehicle sector.
Friday 11 October 2024
Why the EU is imposing tariffs on Chinese EVs despite retaliation risk
The European Union (EU) has unleashed a powerful economic tool on China by imposing tariffs on electric vehicles (EVs), a move that increases the risk of retaliatory measures and could potentially backfire on EU consumers and companies.
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