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Samsung to Co-Develop Next-Gen In-Vehicle Semiconductor Technology with Automotive Chipmaker

Samsung Electronics has recently partnered with industry leaders such as Infineon and NXP to jointly develop next-generation automotive semiconductor technology solutions, aiming to meet...

Mitsubishi Accelerates Electrification, Foxconn Expands Global EV Footprint—A Mutually Beneficial Partnership

Mitsubishi Motors has signed a MOU with Foxconn subsidiary Foxtron Vehicle Technologies to supply EVs for the Australian and New Zealand markets starting in...

Power Semiconductor Giants amid Struggles: 8,800+ Layoffs as Market Slows and China Emerges

Once a rising star alongside AI chips, power semiconductors are now feeling the heat from a sluggish EV market. According to ijiwei, citing Nikkei,...

Frost & Sullivan: Top Trends Driving the Global Automotive Market, 2025

Strategic partnerships, expanded EV portfolios, and new production hubs set to reshape the global automotive landscape The global automotive industry is undergoing a significant transformation,...

Omdia: Global Automotive Display Panel Shipments Reach 232 Million Units in 2024

According to the latest report from Omdia’s Automotive Display Intelligence Service, global automotive display panel shipments reached 232 million units in 2024, reflecting a...

Tesla’s Sales Slump in China by Almost Half

According to data released by the China Passenger Car Association on March 4th, Tesla’s wholesale sales in the Chinese market in February plummeted by...

China’s Supply Chain Reshaping the Global Traction Inverter Industry

TrendForce’s latest report reveals that global EV traction inverter installations reached 8.67 million units in 4Q24, marking a 26% QoQ increase. Strong demand from China and...

Global New Car Market to Grow 2.4% in 2025; US Faces Tariff Uncertainty, China’s Smart Car Competition Intensifies, Says TrendForce

TrendForce’s latest investigations reveal that global sales of new cars are expected to reach 90.6 million units in 2025, marking a 2.4% YoY increase....

Global NEV Sales Expected to Grow 18% in 2025, with US Market Facing Uncertainty, Says TrendForce

TrendForce’s latest investigations find that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 16.29 million units in 2024, marking a 25% YoY increase. The...

Hesai and BYD Supercharge Partnership: 10+ Lidar-Equipped Models to Enter Mass Production in 2025

Hesai Technology, a global producer of automotive lidar technology, announced that it will deepen its cooperation with BYD and will provide automotive lidar for...

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