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Japan to Collaborate with EU and US to Set EV and Semiconductor Subsidy Standards

In response to China’s booming EV industry and growing influence in the global market, reports emerged on the 24th indicating that Japan is preparing...

Asahi Kasei Invests in US Startup NFW, a producer of non-petroleum-based leather

Asahi Kasei has decided to invest in US-based startup NFW, a producer of non-petroleum-based leather alternative for car interiors. As part of Asahi Kasei's...

Market Review: 3D Technology for Automotive Displays

The rise in vehicle autonomy is expected to bring revolutionary technology to the automotive display sector. It will bring a shift in focus from...

Xiaomi Aims to Lead in New Energy Vehicle Production, Potentially Ahead of Apple and Sony

In March 2023, Xiaomi Chairman Lei Jun reiterated that Xiaomi’s new energy vehicles (NEVs) would enter mass production in the first half of 2024....

UVeye partners with Amazon to automate vehicle inspection tasks with AI

UVeye, a pioneer in the developer of automated vehicle inspection systems, and Amazon announced the deployment of AVI (Automated Vehicle Inspection), an AI-powered system...

Foxconn Chairman Discusses Competitive Strategy in EV Industry

Foxconn held its Tech Day on October 18, 2023, where Chairman Young Liu addressed the company’s stance and strategy in response to the high...

Short-Range Radars Have Huge Potential in the Automotive Radar Market

Radars are already cemented into the automotive market as they provide popular ADAS features such as adaptive cruise control (ACC) and blind spot detection...

Canalys explains why EV makers, including Nio and Polestar, make smartphones

Car makers making smartphones will be a trend in China, and if successful, the model will expand to the global market, Canalys said. Nio (NYSE:...

Svolt, CATL and EVE Energy Win BMW’s Trillion-yuan Battery Order

The battery order of approximately 160GWh that BMW tendered at the beginning of the year has finally come to light. Multiple industry insiders have revealed...

GAC Boosts Investment in Didi’s Auto Driving Venture with up to $1.49 Billion

According to China’s 21jingji.com, Guangzhou Auto Group (GAC) announced on October 12th that its board of directors has approved an investment of up to...

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