Tag: slows

Power Semiconductor Giants amid Struggles: 8,800+ Layoffs as Market Slows and China Emerges

Power semiconductors, once seen as a promising sector alongside AI chips, are now facing challenges due to a…

EVs power up, oil demand growth slows: 2024’s rapid global energy shift – IEA

Global energy demand saw a significant spike in 2024, driven primarily by a surge in electricity usage, as…

Smart #5 to gain plug-in hybrid as brand slows EV plans

Smart has made a surprising shift in their strategy by introducing a plug-in hybrid version of their new…

Lotus says ‘never say never’ to Emira hybrid as it slows all-EV plan

Lotus is considering electrifying the Emira to extend its lifecycle and adapt to the changing market demands. The…

Li Auto slows down efforts to expand into overseas markets, report says

Li Auto, a Chinese automaker listed on NASDAQ as LI, has adjusted its strategy for expanding into overseas…