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...

Nvidia has announced that the White House's embargo on exporting advanced artificial intelligence (AI) chips to China will take effect earlier than anticipated, with no expected significant impact on the company's short-term earnings. On October 24th, Nvidia issued an announcement through the U.S...

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...

As reported by Taiwanese media, there's a gradual uptick in TSMC's capacity utilization lately, accompanied by a noticeable surge in orders from TSMC's clients. Some segments of the market are showing signs of rekindled demand, hinting at a possible upswing in the semiconductor industry. Nevertheles...

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...