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Foxconn’s EV Acceleration Revealed at Investor Conference; TrendForce Notes Ongoing Catalyst Need

At an online investor meeting, Foxconn Group’s Chairman Young Liu shared insights on the company’s current endeavors. He disclosed that the group is in...

BYD Closes In on Tesla in Q2 BEV Sales, with Surges Noted in Thailand and Australia

The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales—which encompass battery electricity...

Automotive Cloud Service Platform Industry Review 2023

Research on Automotive Cloud Services: As Dedicated Automotive Cloud Platforms Are Launched, the Market Enters A Phase of Differentiated Competition  1. The exponentially increasing amount...

Huawei Denies Plans to Promote Independent Operation of Its Car Business Unit

On August 11th, some self-media published an article claiming that according to multiple sources close to Huawei, Huawei intends to promote the independent operation...

Italian powertrain maker Mavel gets investment from Nio Capital, to be supplier of Nio’s next-gen models

Mavel, founded in Italy in 1999, will be a supplier of core components for Nio's next-generation platform, Nio Capital said. Italian powertrain manufacturer Mavel Powertrain...

NXP’s Intelligence Business Review

In 2015, NXP acquired Freescale for USD11.8 billion, hereby becoming the largest automotive semiconductor vendor. Yet NXP's development progress has not always gone smoothly....

Impending Clash in the Global SiC Production Race

Last week, major power semiconductor manufacturer Infineon announced plans to invest up to 5 billion euros over the next five years to construct the...

Battery Giant Patent War: CATL Plans Administrative Litigation, CALB Crisis Unresolved?

Ningde Times (300750.SZ) sues CALB (03931.HK) for patent infringement case turning. CALB announced on August 3rd that, in response to the intellectual property infringement lawsuit...

Toyota, Pony plan to set up joint venture to run robotaxi business in China

Toyota, Pony.ai plan to invest a total of more than RMB 1 billion to set up a joint venture within the year, which will...

EV Battery Market Holds Steady, Slight Downtrend in Lithium Salt Prices

In July, EV battery prices in China demonstrated stability, with lithium salt prices registering a marginal decline. The prices of EV square ternary cells,...

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