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Chinese EV Leader BYD Pressures Suppliers for 10% Price Cuts, Sparking Fears of an EV Price War

Due to the fierce price competition in China’s automobile market, according to a report from Commercial Times, on the 27th, leading new energy vehicle...

Chinese EV Makers Shift to Africa Amid US and EU Import Restrictions

According to a report by Commercial Times, citing South China Morning Post, as the U.S. and EU intensify sanctions on Chinese electric vehicles (EVs),...

Volkswagen: the end of a German industrial myth?

Frédéric Fréry, ESCP Business School In late October 2024, Volkswagen’s works council announced that the group’s management was considering closing three factories in Germany, which would...

No, America’s battery plant boom isn’t going bust – construction is on track for the biggest factories

James Morton Turner, Wellesley College; Joshua Busby, The University of Texas at Austin, and Nathan Jensen, The University of Texas at Austin The United States...

Suzuki and Toyota to Deepen Collaboration in Electrified Vehicles

Suzuki Motor Corporation and Toyota Motor Corporation have announced a significant step in their ongoing partnership, with plans to supply a battery electric vehicle...

DENSO and U.S. Startup Quadric Sign Development License Agreement for AI Semiconductor

DENSO CORPORATION and Quadric.inc have signed a development license agreement for a Neural Processing Unit (NPU), which is a semiconductor specialized for the arithmetic...

Tesla Reportedly Approaches SK hynix for Massive eSSD Order

Thanks to the explosive demand for AI memory chips, SK hynix’s Q3 profit surges to an all-time high. In addition to its dominance on...

Silicon Carbide Prices Drop by Nearly 30%

Industry reports indicate that since the beginning of this year, the price of mainstream 6-inch SiC substrates has been consistently declining, with a drop...

SiC and GaN Go Full Steam Ahead in Automotive Industry

The application of silicon carbide (SiC) and gallium nitride (GaN) in the automotive industry seems to be “gradually gaining momentum.” Among them, the trend of...

Lyten Announces Plans to Build the World’s First Lithium-Sulfur Battery Gigafactory

Lyten announced plans to invest more than $1 billion to build the world’s first Lithium-Sulfur battery gigafactory. The facility will be located near Reno,...

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