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According to a report from MyDrivers, citing Reuters, sources suggest that Chinese automakers are closely monitoring Volkswagen Group’s plans to shut down its factories in Germany. Acquiring one of these facilities could offer Chinese carmakers a valuable opportunity to enhance their presence with...
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Japanese automobile giants Honda and Nissan have entered formal discussions to merge a month ago, as they aim to become the world’s third-largest automaker by sales. However, to further rule out the possibility that third party ownership could impact negotiations, Honda is said to be urging Nissan...
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In addition to the RTX 50 series, NVIDIA has introduced more novelties at CES 2025. Dressed himself in an extra shiny leather jacket, NVIDIA CEO Jensen Huang showcased a compact personal AI supercomputer called Project DIGITS, powered by the company’s GB10 Grace Blackwell Superchip. Notably, accor...
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According to a report from Central News Agency, China's automotive leader BYD announced on the 1st that its 2024 new energy vehicle (NEV) sales reached 4.272 million vehicles, marking a substantial 41% YoY increase and setting a new historical high. The growth is primarily attributed to the surging ...
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As the merger between Japanese automakers Nissan and Honda highlights the threat from Chinese-made electric vehicles, there may be another fundamental issue which haunts the industry – the waning global EV demand. According to Business Korea, factory utilization rates for South Korea's leading ...