With the Ongoing Expansion of Global EV Battery Market, China's Dominant Position Steadily Strengthens In recent years, the rapid growth of EV and energy storage markets has driven robust demand for lithium-ion batteries (LiBs). Data shows that in 2023, the total shipment of LiBs exceeded 1 teraw...

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 ...

Despite the ongoing intensity of the US-China tech war, Apple has been gradually leaning towards a more diversified supply chain, especially in the production of its latest head-worn device, Vision Pro. As per a report from Commercial Times, upon examination, it is revealed that the major supplier i...

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...