Japan and the EU are reportedly set to launch formal cooperation in the research and development of advanced materials, such as chips and electric vehicle batteries. According to a report from NIKKEI, this initiative aims to decrease their high reliance on suppliers from China. Iliana Ivanova, Commi...

On March 28th, Xiaomi officially launched the electric vehicle Xiaomi SU7, featuring three configurations: the standard version priced at CNY 215,900, the Pro version at CNY 245,900, and the Max version at CNY 299,900. According to Xiaomi Automotive’s Weibo account, within less than 30 minutes ...

Porsche's Chief Financial Officer Lutz Meschke has stated in a media interview following the conclusion of the Macan EV unveiling on January 25, 2024, that Europe's initial plan to ban the sale of new fuel cars by 2035 may be postponed, as reported by Bloomberg. TrendForce's Insights: Prolon...

Apple has delayed the production schedule for the Apple Car from 2026 to 2028, as reported by Bloomberg. The vehicle is expected to feature a Level 2+ advanced driver assistance system. TrendForce's Insights: Aim for Fully Autonomous Driving: Apple Car Once Planned to Remove the Steering Whe...

Negotiations between Hyundai Motor and the U.S. government concerning tax incentives for the Korean automaker's USD 5.5 billion EV plant in Georgia have yet to reach a conclusion. It was first reported on August 31st 2023, indicating that Hyundai Motor Group and LG Energy Solution (LGES) would in...