Biden's IRA law, which provides subsidies for US-made EVs only, has caused tensions between the US and South Korea. Following rounds of meetings with US Trade Representative, Ahn...

Honda Motor received a supply boost in China. The automaker and CATL announced an agreement to offer the former 123GWh of batteries in China starting in 2024. The purchase will facilitate...

Envision AESC, the former EV battery affiliate of Nissan, and now part of the Envision Group from China, announced a US$810 million investment in South Carolina, US.

LemTech Holdings, specializing in precision metal stamping tools, chassis and heat dissipation solutions, has stepped up its deployment in the automotive sector as it is eyeing the...

Volkswagen Group is one step closer to adding production capacity in China. Its joint venture with JAC Motors, Volkswagen Anhui, rolled off the line the first pre-series production...

Multiple Chinese media reported on Dec 6 that the China-based AI startup Hefei HuiXi Intelligence has received investment from HanXing Venture Capital – a wholly-owned subsidiary...

Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date by about a year to 2026, according to people with...

With silicon-based computing gradually constrained by the bottleneck of Moore's Law, many IT companies have started turning their development focuses to AI computing which requires...

Quotes for polysilicon in the China market is falling because a substantial increase in production capacities in fourth-quarter 2022 has sharply driven up supply, according to industry...

Car component manufacturer IKKA-KY expects its acquisition of Japan-based Sol-Plus earlier this year will help with automotive revenue growth in 2023, according to company chairman...

VinFast, an electric carmaker backed by Vietnam's richest man trying to take on Elon Musk's Tesla Inc, has filed for an initial public offering in the US just as it prepares to deliver...

The Automotive Component Manufacturers Association (ACMA) of India has brought 22 leading auto component manufacturers to visit Taiwan to enhance collaboration with Taiwanese automotive...

With foundries' price negotiations with IDMs and tier-1 suppliers for 2023 reaching an end, foundries are unlikely to cut their prices and the chip vendors will have difficulties...

Foxconn's Wisconsin site has finally found its footing after going through a series of adjustments since its inception. Now, the site focuses on server and storage equipment production,...

Automotive chip shortages, despite improving recently, are unlikely to be fully resolved before 2024 as supply growth is unable to catch up with the rapid increase in demand, according...