Automotive Technologies


2023-10-25

[News] Japan to Collaborate with EU and US to Set EV and Semiconductor Subsidy Standards

Automotive Technologies

In response to China's booming EV industry and growing influence in the global market, reports emerged on the 24th indicating that Japan is preparing to collaborate with both Europe and the United States to establish subsidy standards in areas such as electric vehicles and semiconductors. This colla...

2023-10-25

[News] Mitsubishi Motors Pulls Out of China Production Amid Sluggish Sales

Automotive Technologies

In response to persistently low sales and failure to meet production targets, Japanese automaker Mitsubishi Motors has announced its exit from local car production in China. The company has also revealed plans to invest up to 200 million euros in Renault's EV venture, Ampere. Mitsubishi Motors ma...

2023-10-25

[News] WEO Projections Point to EV Numbers Surging Tenfold by 2030

Automotive Technologies

According to the World Energy Outlook (WEO) 2023 released by the International Energy Agency (IEA) on Tuesday, the significant rise of clean energy technologies, including solar, wind, electric vehicles, and heat pumps, is reshaping the way factories, vehicles, household appliances, and heating sys...

2023-10-24

[News] Fisker Responds to EV Market Challenges with Pricing Adjustments

Automotive Technologies

Fisker, a prominent partner of Foxconn in the EV sector, is taking steps to expedite production and deliveries of its first all-electric SUV, the "Fisker Ocean." However, faced with slowing EV demand and the market leader Tesla initiating a price war, Fisker has joined the price reduction battle, an...

2023-10-24

[Insights] Volkswagen Unveils Latest Tiguan PHEV with a 100 km Electric-only Driving Range

Automotive Technologies

Volkswagen recently unveiled its extensively redesigned Tiguan lineup. This vehicle, built on the MQB Evo platform, offers a range of powertrain options, including gasoline, diesel, mild-hybrid, and plug-in hybrid (PHEV) variants. Notably, the PHEV model features a 1.5-liter TSI evo 2 turbocharged e...

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