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Lithium Prices Stabilizing Leads to EV Battery Prices Declining More Slowly in June

TrendForce reports that EV battery prices in Chinese markets continued to decline throughout June, though the rate of decline across all product types has...

Can Toyota Overtake in the New Energy Vehicle Race with Solid-State Batteries?

Toyota announced during a technical conference on June 13, 2023, that Toyota has identified suitable materials to commercialize solid-state battery technology around 2027-2028, intending...

Bosch’s Intelligent Cockpit Business Review 2022-2023

Despite the chip shortage and the sluggish economy, Bosch’s sales from all business divisions bucked the trend in 2022. Wherein, the Mobility Solutions, still...

Chinese Car Brands Projected to Penetrate 9% of Western Europe’s NEV Market by 2023

In a bold move to disrupt the automotive industry’s dominance by European, America, Japanese, and Korean giants, Chinese car brands are aggressively expanding overseas,...

How is SiC Reshaping the Automotive Supply Chain?

The global automotive industry is pouring billions of dollars into SiC semiconductors, hoping that they could be key to transforming vehicle power systems. This...

Lucid and Aston Martin enter long-term strategic technology partnership

Lucid Group, Inc. announced that it has entered into a definitive agreement to establish a long-term strategic technology partnership with Aston Martin to accelerate...

Global Tier1 Suppliers’ Intelligent Cockpit Business Review 2023

Research on tier 1 suppliers’ cockpit business: new innovative intelligent cockpit products highlight multi-domain integration, multimodal interaction, and ever higher functional integration. Following the market...

NIO secures $1.1 billion investment from Abu Dhabi fund

The investment will further strengthen NIO's balance sheet to power its continuous endeavors in accelerating business growth, driving technological innovations and building long-term competitiveness,...

Evolution of the Modern Electric Motor Market for Electric Vehicles

Electric traction motors may have originally been developed in the 1800s, but the market continues to evolve today, with the growing electric vehicle (EV)...

Electric Vehicle Company BYTON Files for Bankruptcy

On June 18th, it was reported that two related companies of BYTON, an electric vehicle brand, have filed for bankruptcy. The companies, Nanjing Zhixing...

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