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TrendForce
TrendForce is a global leader in providing in-depth market intelligence and professional consultation services for clients across a diverse range of industries. Additionally, TrendForce has established itself as a robust platform for exchanging vital market information among firms in different sectors.
BYD’s Self-Developed Inverters Tie Denso for Top Global Market Share in 2Q24
TrendForce’s latest findings reveal that global installations of EV traction inverters reached 6.45 million units in 2Q24, marking a 24% increase from the previous...
Instead of Rely Solely on NVIDIA, China’s EV Makers Turn Focus to In-house Chips amid US-China Tensions
The electric car market in China has been facing intense competition, with Xiaomi revealed that it suffered a USD 9200 loss per vehicle from...
Global NEV Sales Increase 24.2% in Q2; Chinese Subsidies Expected to Boost Market Share for Chinese Brands
TrendForce’s latest findings show that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 3.769 million units in 2Q24. This represents a nearly 30% quarterly...
Tesla Reportedly Halts Plans in Thailand, Malaysia, and Indonesia
Tesla, the electric vehicle giant, initially planned to establish a plant in Thailand, with an estimated investment exceeding USD 5 billion. However, according to...
Signs of a Slowdown Surfaces in Automotive Chip Market Growth
Automotive chip market, previously enjoying robust growth among the semiconductor sector, is now showing signs of slowing down.
According to a report from WeChat account...
New Solution to AI the Power Monster? CRAM Reportedly to Reduce Energy Consumption by 1,000 Times
As AI applications become more widespread, there is an urgent need to improve energy efficiency. Traditional AI processes are known as power-hungry due to...
EU Tariffs Act as Catalyst, Chinese Automakers to Accelerate Launch of 14 New Overseas Plants
The EU has initiated provisional countervailing duties on Chinese-made BEVs as of July 4, 2024. While new tariff percentages have been announced, they show...
June Lithium Prices Hit New Low for the Year; Cell Prices Still Facing Downward Pressure
TrendForce reports that June saw a significant drop in lithium prices due to a focus on inventory reduction in the downstream battery sector. Weak...
SK keyfoundry Advances in GaN Power Semiconductors, Reportedly Producing for Tesla Soon
SK keyfoundry, a subsidiary of memory giant SK hynix, has achieved notable progress in the development of Gallium Nitride (GaN) power semiconductors. According to...
Impacted by the Tariff Increase by EU, Tesla Reportedly Expects Price Hike for European Model 3
Due to the EU’s announcement of increased tariffs on Chinese-made electric vehicles, Tesla has announced that it will raise the price of the Model...
