Saturday, November 2, 2024

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Supply chain

[COMPUTEX 2024] Mobility of Tomorrow: When a Car is More Than Just a Car

Cars are becoming smarter, introducing a new dimension to the world of “mobility.” However, amidst a plethora of fancy terms, what exactly is the...

Tesla Reportedly Asks Suppliers to Avoid China, Taiwan as Early as 2025 in Case of Geopolitcal Risks

Due to escalating geopolitical risks, Tesla is reportedly requesting its suppliers to begin manufacturing components and parts outside of China and Taiwan as early...

China Reportedly Demands Automakers Increase Local Chip Procurement to 25%

To strengthen its semiconductor supply chain, the Chinese government is reportedly requiring domestic automakers, including BYD, to expand their procurement of locally-produced chips. The...

Tier One Auto Suppliers Must Evolve with the Supply Chain to Access the 2030 US$15B Next-Gen Cockpit Market

The traditional tiered supply chain system is no longer relevant to the automotive industry, especially for the digital cockpit. Tier One suppliers have been...

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...

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