Porsche's Chief Financial Officer Lutz Meschke has stated in a media interview following the conclusion of the Macan EV unveiling on January 25, 2024, that Europe's initial plan to ban the sale of new fuel cars by 2035 may be postponed, as reported by Bloomberg. TrendForce's Insights: Prolon...

Apple has delayed the production schedule for the Apple Car from 2026 to 2028, as reported by Bloomberg. The vehicle is expected to feature a Level 2+ advanced driver assistance system. TrendForce's Insights: Aim for Fully Autonomous Driving: Apple Car Once Planned to Remove the Steering Whe...

Negotiations between Hyundai Motor and the U.S. government concerning tax incentives for the Korean automaker's USD 5.5 billion EV plant in Georgia have yet to reach a conclusion. It was first reported on August 31st 2023, indicating that Hyundai Motor Group and LG Energy Solution (LGES) would in...

The U.S. lawmakers is reportedly attempting to further drive the "decoupling" of the Pentagon's supply chain from China. According to sources cited by Bloomberg, the U.S. Congress has prohibited the Pentagon from procuring batteries produced by six Chinese companies, including CATL and BYD. Addit...

On January 9th, Intel unveiled its latest automotive AI chips, entering into direct competition with rivals NVIDIA and Qualcomm in the automotive chip market. In a bid to strengthen its position, Intel also announced the acquisition of automotive chip company Silicon Mobility. Reportedly, Intel s...