Subject


Automotive Technologies


2023-11-29

[News] Japanese Companies Seek Battery and Chip Materials Outside China

Automotive Technologies

According to IJWEI's report, Japanese companies heavily reliant on key battery and semiconductor materials manufactured in China are expanding their sources as China intensifies export controls. On October 20th, China announced that certain graphite items, including high-purity, high-strength, an...

2023-11-28

[News] Facing Challenges Inside and Out, BYD Slashes Prices to Boost Sales

Automotive Technologies

This year, BYD, a notable figure in the global automotive market, has recently faced a downturn. The extensive price reductions initiated on November 24th have raised concerns, as it is perceived to contradict the company's earlier commitment to avoid participating in price wars. BYD is now under pr...

2023-11-28

[Insights] Stellantis Invests EUR 1.5 Billion in Leapmotor, Enabling EV Technology Advancements

Automotive Technologies

On October 26, 2023, Stellantis announced a EUR 1.5 billion investment to acquire approximately 20% of Leapmotor, securing two seats on its board. Additionally, Stellantis and Leapmotor will establish a joint venture named "Leapmotor International" with ownership stakes of 51% and 49%, respectively....

2023-11-24

[News] Amid Chinese Car Price War, Tesla Takes a Step Back, while BYD Secures Sales Crown

Automotive Technologies

Tesla initiated a price war in the Chinese market this year, forcing local manufacturers to confront the challenge. However, after nearly a year of intense competition, Tesla unexpectedly called a truce, while Chinese manufacturers led by BYD thrived in the fierce price war, turning adversity into o...

2023-11-24

[News] Huawei Reportedly to Spin Off Car Business Unit, Changan Auto Considered as Potential Acquirer

Automotive Technologies

On November 23, YICAI reported that Huawei is set to divest its Smart Car Solutions Business Unit (referred to as "Car BU"), with the business subsequently being acquired by the Chongqing State-owned Assets Supervision and Administration Commission, making it the largest shareholder. However, to ...

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