Adata Technology believes its industry will start stabilizing in the second quarter, while fellow memory module firm Team Group still sees the industry having a difficult year.
India's EV sales saw a 153% increase for the past fiscal year, highlighting the growth potential of the world's third-largest automobile market. However, a subsidy controversy that...
Chinese automakers are looking to enhance their product differentiation in the face of Tesla's cut-throat pricing competition, according to industry sources.
Wang Chuanfu, the Chairman of BYD, shared his optimistic views for China's new energy vehicle (NEV) industry in 2023, where he saw three opportunities presented to the industry. First,...
The South Korean government released a series of strategies to help local battery companies gain a global presence, especially in the US. Notably, the government will offer KRW7 trillion...
In the first quarter of 2023, Tesla delivered a record high of 422,900 electric vehicles, with average monthly sales of approximately 140,000 units. However, in March 2023, BYD's...
Tesla's disclosure of intention to reduce use of SiC in its electric vehicles (EV) by 75% has sent shock waves across the supply chain, with many companies assessing all possible...
Toyota has revealed plans to scale up its battery EV business. The automaker aims to roll out 10 new BEV models by 2026, achieving 1.5 million vehicle sales annually. In 2025, it...
As Huawei has come under US sanctions, it is therefore difficult for automakers in Europe, the US and Japan to choose Huawei as a main supplier, said Richard Yu, the company's executive...
South Korea will provide 7 trillion won ($5.3 billion) of financial support over the coming five years for local battery makers that are seeking to build plants in North America,...
A partnership focusing on improving in-vehicle experience has been formed. According to Nikkei Asia, Panasonic, Stellantis, and Amazon will develop an interior control system...
The shortage of automotive chips, which has lasted for over two years, is finally seeing some relief. However, global automotive sales in 2022 stayed roughly in line with 2021. Even...
The server sector is currently laying low to prepare for a big leap in the future. Quanta, which has been making double-digit delivery estimates every year, has downgraded its outlook...
The US Treasury Department released the Critical Minerals and Battery Components Requirements last week, specifying rules about sourcing battery materials locally. Several automotive...
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