Friday, February 23, 2024

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Supply chain

EU Critical Raw Materials Act: Ambitious Targets to Secure Supply

Demand for Li-ion batteries continues to grow in sectors such as electric vehicles, stationary energy storage, and consumer electronics. IDTechEx estimates that in 2023,...

Six Companies, Including BYD and CATL, are Included in the U.S. Procurement Ban List

The U.S. lawmakers is reportedly attempting to further drive the “decoupling” of the Pentagon’s supply chain from China. According to sources cited by Bloomberg,...

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...

Battery price war: CATL, BYD pushing battery costs down further

The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further. As the price war...

Hyundai Defies Headwinds with 1.52 Billion Groundbreaking for Electric Vehicle Plant

In May 2023, Hyundai announced a local investment of KRW 2 trillion (approximately USD 1.52 billion) to establish an EV factory in South Korea,...

AUO Acquires BHTC for Advanced System Integration in Automotive Displays and Securing a Crucial Role in the Auto Supply Chain

TrendForce reports that the global automotive market continues to blaze ahead in its vigorous expansion, with vehicle displays steering toward larger dimensions and tech-savvy...

Global Lithium Production Forecast, US Lithium Producer ALB Leads with a 17% Market Share

Australian mining company, Liontown Resources Ltd., has just announced it’s agreed to a buyout proposal of AUD 6.6 billion (USD 4.3 billion) by US...

Global electric vehicle supply chains struggle to keep up as demand surges

Reaching net zero emissions will require massive amounts of critical raw materials, which are currently used in everything from solar panels to electric vehicles....

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...

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...

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