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Audi’s sales in South Korea are in free-fall

German automaker's sales plummet by 93% as competitors thrive Audi AG, a stalwart of German automotive engineering, is facing a dramatic decline in South Korea,...

Improving Voice Technology and Expanding Automotive Use Cases Drive 116 Million Vehicle Embedded Voice Assistant Shipments by 2033

Strong global demand for vehicle connectivity and consumer hesitation to pay for connectivity subscriptions have required carmakers to explore other avenues of generating revenue...

Just 18% of European car buyers favour Electric Vehicles, finds Bloomberg Intelligence

European consumers continue to favour internal combustion engine (ICE) models – especially plug-in hybrids – over the battery electric vehicles (BEVs), according to Bloomberg...

Chinese EV makers’ CEOs react to Apple’s reported ditching of EV effort

Bloomberg reported that Apple is canceling its decade-long EV-making effort. CEOs of EV makers including Xpeng, Li Auto, Xiaomi, and Jiyue have expressed their...

BYD’s battery unit FinDreams to develop batteries for 2-wheelers

FinDreams said it will offer safer, more reliable batteries for electric two-wheelers, after a recent deadly accident revived concerns about the safety of electric...

Price war in China’s passenger car market to remain fierce in 2024, says CPCA secretary-general

The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until...

BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

TrendForce reports that global sales of NEVs, including BEVs, PHEVs, and FCVs, reached 13.03 million units in 2023—marking a growth rate of 29.8%. This...

BYD says it will bolster R&D investment as engineers exceed 90,000

To date, BYD has more than 90,000 R&D engineers and has filed more than 48,000 patents worldwide, according to an announcement. As China's largest new...

Automotive ADAS Sensors Market to Hit USD 38.54 Billion by 2029

The automotive ADAS sensor market is a dynamic and complex ecosystem shaped by technological advances, regulatory changes, consumer preferences, and global economic trends. As...

EV Development Faces New Challenges, Porsche CFO Suggests Delay in European Ban on New Fuel Cars

Porsche’s Chief Financial Officer Lutz Meschke has stated in a media interview following the conclusion of the Macan EV unveiling on January 25, 2024,...

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