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Business

SAIC confirms it’s working with Audi on EV platform

SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation. China's state-owned...

EVs to Uncover the Gold Mine for High-Value PCBs

From foundational propulsion systems to cutting-edge autonomous driving, new technologies in modern electric vehicles(EVs) are increasingly leaning on advanced PCBs. In a state-of-the-art electric vehicle,...

S&P: The semiconductor shortage is – mostly – over for the auto industry

The industry has regained its manufacturing pace, but potential disruptions in chip supply remain, and production momentum disruption has pushed a 100-million-unit year into...

Analysis of Reasons Behind Reports of Layoffs at Tesla’s Shanghai Factory

Tesla’s Shanghai factory has reportedly initiated layoffs among its battery assembly workforce. Industry sources suggest that the majority of the layoffs will affect employees...

Tesla’s Lead in New Car Online Sales Is Shrinking

Tesla remains the global champion, and in the American market is followed by Jeep and Cadillac in BearingPoint’s latest new car online sales assessment...

BYD Builds Another Battery Factory in Hungary

On July 13th, BYD plans to establish a battery assembly plant in Hungary with an investment of over ¥200 million (about $28 million). This...

EV SiC Adoption Advances as Tesla Announces 75% Reduction

There is no denying that silicon carbide (SiC) MOSFETs are the story of the next decade for electric vehicle power electronics. The material improves...

Goldman Sachs initiates coverage on Xpeng with Buy rating, bullish on G6 potential

Goldman Sachs believes the market has yet to fully reflect the potential of the G6, with the model ranking No.1 among comparable models, and...

China’s automobile exports are expected to hit 7.18 million units in 2025

1. China’s automobile export market bucked the trend. During 2021-2022, the global economy suffered an overall slump amid the severe outbreak inside and outside China,...

Local brands expected to capture over 50% of China’s auto market for 1st time this year, AlixPartners says

Chinese automakers have now crossed the inflection point for global influence, with local brands expected to hold 65 percent of the market share in...

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