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According to a report from Radio Taiwan International, citing South China Morning Post, price wars in China's automotive industry have intensified due to fierce competition and overcapacity. The report notes that with the Chinese government’s subsidy of RMB 20,000 for car replacements set to ex...
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Japanese automobile giants Honda and Nissan are reportedly undergoing merger talks amid rising competition in the Chinese market. However, a Nikkei report reveals that the move may also be prompted by a potential acquisition by Taiwan’s Foxconn, a situation which both companies would rather avoid....
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According to a report by Central News Agency, citing Nikkei, Japanese automakers Honda Motor and Nissan Motor are reportedly discussing a potential merger. The Nikkei report highlights that the two companies aim to combine their resources to enhance their competitiveness against Tesla and Chinese EV...
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The U.S. President-elect Donald Trump is set to take office soon. According to a report from Commercial Times, citing Reuters, his transition team is reportedly planning to cut electric vehicle subsidies and impose tariffs on battery materials to boost domestic production and reduce reliance on auto...
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NVIDIA might face the risk of losing key customers as delays plague its next-gen smart driving chip, Thor. According to a report from 36Kr, China’s electric vehicle giant Xpeng is considering shelving its plans to integrate the chip, as the US chip giant is said to postpone Thor’s mass productio...