News
In 2026, Micro LED headlamp is gaining traction among an increasing number of carmakers, with adoption continuing to accelerate. Recently, both Mercedes-Benz and NIO unveiled new models equipped with Micro LED headlamp technology, further expanding the number of vehicles integrating this solution. ...
News
On January 30, Signify officially released its full-year 2025 earnings report. Navigating macroeconomic headwinds and intensified global price competition, the company reported a contraction in revenue, though cash flow management remained robust. To counter persistent market pressures, Signify a...
News
On June 11, global automotive parts giant Marelli Group announced in an announcement that it had initiated U.S. Chapter 11 proceedings to strengthen financial position and facilitate a value-maximizing restructuring. According to the announcement, Marelli had reached a Restructuring Support Agree...
Insights
Tesla has caused a lot of buzz in the global car market by cutting prices across several regional markets. The US, China, Europe, and Japan have all seen a significant drop in prices of Tesla vehicles, with magnitudes ranging from 6% to 20%. The US, in particular, has seen the largest cut in the ave...
Insights
The demand situation of the global car market deteriorated in 2022 due to the impacts of the Russia-Ukraine military conflict and the ongoing COVID-19 outbreaks across China. However, the demand for automotive lighting products during the same year was propped up by two developments. First, the pene...