Technology

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

Price Wars Intensify in China’s Automotive Industry Recent reports from Radio Taiwan International and South China Morning Post indicate that price wars in China’s automotive sector are escalating due to…

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Lasted Technology

China’s Xiaomi, Geely Unveil Self-Driving EV Models to Challenge Tesla

Chinese EV Makers Embrace Self-Driving Technology Amid Tesla's Entry into Market As reported by BNN Bloomberg, the Chinese automotive industry…

EU to reduce battery reliance on China

France, Germany, and Sweden have jointly called upon the forthcoming European Commission (EU) to prioritize the autonomy of the EU’s…

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

China’s Automobile Market Faces New Wave of Price Cuts Amidst fierce price competition in China’s automobile market, leading new energy…

SK On batteries to use Korean lithium

SK On has recently announced a significant development in securing a long-term supply deal for domestically produced lithium hydroxide, a…

Viasat Joins 5G Automotive Association to Support Satellite-Enabled Autonomous Vehicles

Viasat, Inc. Joins 5GAA to Drive Connected Transport Applications Viasat, Inc., a leading global provider of satellite communications, has recently…

Volkswagen writes down EV battery maker Northvolt’s stake

Volkswagen has recently announced a substantial write-down of its 21% stake in the Swedish battery cell manufacturer, Northvolt. This decision…

Automotive Cloud Service Platform Industry Review, 2024

Automotive cloud services have seen significant advancements in 2024, driven by the increasing penetration of intelligent connected vehicles. The development…

Chinese EV Makers Shift to Africa Amid US and EU Import Restrictions

Chinese Electric Vehicle Manufacturers Turn to Africa Amid U.S. and EU Sanctions As the U.S. and EU ramp up sanctions…