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Rising Costs to Drive Further Increases in EV Cell Prices in 2Q26, Says TrendForce

TrendForce’s latest research on the lithium battery industry reveals that surging raw material prices in 1Q26 supported an upward trend in EV battery pricing...

JD.com, Meituan, and Alibaba Step Up Push Into Car Sales

China’s tech giants are intensifying their push into car sales, but whether online platforms can fully transform how cars are bought remains uncertain. China’s internet...

Hyundai reboots China market strategy with EV brand Ioniq

Hyundai Motor has introduced its electric vehicle (EV) brand Ioniq to China, rebooting its strategy in the world's largest EV market. The South Korean auto...

Inside Mitsubishi Electric, Rohm, Toshiba Talks and Denso’s Move: Japan’s Power Chip Consolidation Push

Japan’s power semiconductor industry may be moving toward a major consolidation. According to Nikkei, sources say Mitsubishi Electric, Rohm, and Toshiba are preparing to...

Tesla Reportedly Ramps TeraFab Hiring in Taiwan; TSMC Talent Seen as Primary Target

Elon Musk’s TeraFab chip plant, reportedly a $20 billion to $25 billion push into 2nm chips, is ramping talent recruitment, drawing attention as the...

Mercedes-Benz to use Geely’s electronic architecture for new global EV Platform

Mercedes-Benz is undergoing a significant transformation regarding its electric vehicle (EV) strategy by shifting its development focus to China and leveraging the technological expertise...

GM Navigates Headwinds: Chinese Market Profitability and EV Restructuring Define 2025

General Motors (GM) closed out 2025 with a mixed financial report, revealing a company in transition. While global sales saw a modest increase and...

Xpeng secures VW as first customer for VLA 2.0; targets 1 million overseas EV sales by 2030

Volkswagen's adoption of Xpeng's VLA 2.0 as its smart driving solution signifies the partnership's expansion into AI software capabilities. Xpeng has set a target of...

Toyota Defies Market Headwinds with Record 2025 Sales, Pins Future on Lexus Electrification

Despite a challenging global landscape marked by trade tensions and a seismic shift towards electrification, Toyota Motor Corporation has once again demonstrated its resilience,...

Stellantis Faces US$26.5bn EV Write-Downs Amid Strategic Shift

Stellantis announced a staggering US$26.5 billion in write-downs as part of a significant reduction in its electric vehicle (EV) ambitions, positioning itself as the...

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