BYD said on Dec 12 that it has shipped over 6.5GWh in energy storage system capacity all over the world, according to multiple Chinese media reports citing BYD Energy Solution's senior...
China's purchases of machines to make computer chips contracted in November to their lowest in more than two years, hammered by cratering electronics demand and new US export restrictions...
The world's largest battery maker is poised to gain more traction in Europe. CATL just announced that it had started serial production of lithium-ion battery cells this month in Thuringia,...
China-based EV maker Nio recently suffered a data breach. Hackers obtained the personal information of Nio vehicle owners and employees, demanding the company to pay US$2.25 million...
COVID cluster infections at Qisda's Suzhou plant in China are under control, and the company expects to see signs of demand recovery when the epidemic dies down in the country next...
China-based EMS provider Wingtech Technology has disclosed plans to contract with Wingsky Semi to develop and manufacture 12-inch power chips and devices.
Audi has embarked on accelerating the electrification effort. According to a production plan for the future announced on December 20, every Audi plant will make EVs by 2029. The automaker...
Following Nio's newly-established battery subsidiary, XPeng has set up an entity focusing on battery and its components manufacturing, which may imply that XPeng is trying to develop...
With China stepping up the subsidizing of its IC industry, China-based IC backend houses would be able to initiate effective price cuts to attract orders in 2023, according to industry...
To cope with the US ban on exports of advanced semiconductors to China, Chinese automakers are making efforts to promote local production of automotive ICs, according to industry...
The China government plans to offer over CNY1,000 billion (US$143.3 billion) to subsidize China-based semiconductor makers again in a bid to boost development of local semiconductor...
On December 16, the Foxconn group made a major announcement, stating that it will be selling its entire stake in China's Tsinghua Unigroup. Foxconn's sudden announcement has certainly...
The US' Inflation Reduction Act (IRA) will play a fundamental role in scaling up the country's EV market. The US Treasury Department said on December 19 that it will delay the issuance...
Largan Precision has filed a patent infringement lawsuit with China's Xiamen Intermediate People's Court against fellow Taiwan-based optical lens company Genius Electronic Optical...
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