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Industry

China’s Lithium Reserves Surge, Solidifying Its Role as a Global EV Battery Powerhouse

In a significant leap forward for both China’s energy and electric vehicle (EV) sectors, the country has announced a major increase in its lithium...

Deloitte: EV Inertia Returns as Hybrid Popularity Grows

U.S. consumers seek hybrid middle ground to satisfy fuel and emission priorities; vehicle brand ambivalence and autonomous apprehension increases  In the U.S., intent to purchase a...

China’s Auto Industry Faces New Price War as BYD Slashes Prices Early

According to a report from Radio Taiwan International, citing South China Morning Post, price wars in China’s automotive industry have intensified due to fierce...

Overseas Layout of Chinese Passenger Car OEMs and Supply Chain Companies, 2024

Passenger car exports: Europe is the largest export market of battery-electric vehicles, with the average export unit price 3.7 times that to Southeast Asia. China's...

Honda and Nissan Reportedly Enter Merger Talks Amid Rising EV Competition from China

According to a report by Central News Agency, citing Nikkei, Japanese automakers Honda Motor and Nissan Motor are reportedly discussing a potential merger. The...

IBM Study: “Vehicles Believed to be Software-Defined and AI-Powered by 2035”

The IBM Institute for Business Value (IBV) conducted a survey of over 1,200 global automotive industry executives to understand the future of vehicles. The...

China’s Automotive Chip Localization Ratio Reportedly to Hit 15% by Year-End amid U.S. Reliance

Following the latest U.S. chip export curbs, which adds 140 Chinese entities to the restriction list, the China Association of Automobile Manufacturers (CAAM) has...

CAAM urges caution for Chinese automakers in buying US chips

The US government's arbitrary changes to the control rules have seriously affected the stable supply of US chip products, CAAM said. A major Chinese automotive...

Chinese EV Leader BYD Pressures Suppliers for 10% Price Cuts, Sparking Fears of an EV Price War

Due to the fierce price competition in China’s automobile market, according to a report from Commercial Times, on the 27th, leading new energy vehicle...

Volkswagen: the end of a German industrial myth?

Frédéric Fréry, ESCP Business School In late October 2024, Volkswagen’s works council announced that the group’s management was considering closing three factories in Germany, which would...

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