Automotive Technologies


2023-09-20

World Governments Expanding Public Charging Piles, Projected 3x Growth to 16M by 2026 from 2023

Automotive Technologies

TrendForce anticipates that by 2026, the global tally of public charging stations will soar to 16 million, marking an impressive threefold increase from 2023 figures. As this unfolds, the global ownership of NEVs—which includes both PHEVs and BEVs—will surge to 96 million. This sets the vehicle-...

2023-09-20

[NEWS] BYD Electric Cars Outperform Tesla in Southeast Asia, with Thailand as the Largest Overseas Market

Automotive Technologies

Report to InfoTimes, Chinese electric vehicle giant BYD is making impressive strides in Southeast Asia, not only leaving strong rivals like Tesla far behind but also dominating the market share in the region. Currently, in the local market, at least one out of every four electric vehicles is a BYD....

2023-09-18

[News] Declining Battery Costs to Drive Electric Vehicle Market Share to Two-Thirds Globally by 2023

Automotive Technologies

Report to China Times, due to the declining cost of batteries, by 2024, the prices of electric vehicles (EVs) in Europe will be on par with those of gasoline-powered cars, while the American market will have to wait until 2026. Furthermore, it's projected that by 2030, two-thirds of all cars sold gl...

2023-09-13

[News] Xiaomi’s Tongzhou Auto Production Base in Reportedly Final Production Testing

Automotive Technologies

According to a report in the Shanghai Securities News, Xiaomi's automobile production facility in Tongzhou, China has entered the final stages of production testing and debugging. Xiaomi Group's Chairman, Lei Jun, has recently led the senior executives of Xiaomi's automotive division in conducting s...

2023-09-07

[News] Xiaomi Begins Trial Production of 50 Prototype Cars per Week

Automotive Technologies

According to Taiwan media, UDN, an insider close to Xiaomi's automotive venture, Xiaomi's car project is currently in the trial production phase, which has been underway for less than a month. Currently, Xiaomi is producing approximately 50 prototype cars per week. As reported by Interface News,...

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