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What the Red Sea crisis could mean for the electric vehicle industry and the planet

Tom Stacey, Anglia Ruskin University Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles...

New Vehicle Tech Will Be Worth US$1.6 Trillion by 2034

Autonomous driving, electric vehicles, connected and software-defined vehicles, and in-cabin monitoring are all megatrends reshaping the automotive industry. Together, these technologies combine to form...

China Projected to Export 1.2 Million NEVs in 2023 amid Tightening Tariffs by the US, Says TrendForce

TrendForce reports that the global sales volume of NEVs (including BEVs, PHEVs, and FCVs) is estimated to reach approximately 12.8 million units in 2023....

Toyota and Other Automakers Reportedly Join Forces for the Development of Advanced Automotive Chips

In a bid to compete with rivals like Tesla, who conduct in-house research and development of advanced chips for automotive applications, Japanese automakers have reportedly...

Automotive Megatrends Drive 4.8% CAGR in Copper Demand until 2034

Copper is a key mineral for the automotive industry, used ubiquitously across the wiring harnesses market. Its demand is set to grow due to...

Regional Regulations for Mandating Driver Monitoring Systems

Driver monitoring systems (DMS) have gained considerable momentum, driven by the escalating SAE autonomous driving levels and regulatory frameworks in key regions like the...

Hyundai and Kia Develop Shape Memory Alloy Integrated Snow Chain Technology

Hyundai Motor Company and Kia Corporation unveiled a new snow chain-integrated tire technology to make it easier to stay safe in winter driving conditions. Snow...

Hyundai Showcases Revolutionary ‘Uniwheel’ Drive System

In a groundbreaking announcement poised to reshape the landscape of vehicle propulsion, Hyundai Motor Group has unveiled a pioneering drive system named the ‘Universal...

Stellantis Invests EUR 1.5 Billion in Leapmotor, Enabling EV Technology Advancements

On October 26, 2023, Stellantis announced a EUR 1.5 billion investment to acquire approximately 20% of Leapmotor, securing two seats on its board. Additionally,...

Potential Tariffs Spark Electric Vehicle Trade Conflict Between China and EU

According to the article written by Tony Chen, Head of Investment Research at UBS Asset Management, the European Commission initiated an investigation in October...

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