EV


2025-01-02

[News] Korean Battery Makers LG Energy Solution, Samsung SDI, and SK On Reportedly Hit by Lower Utilization

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 ...

2025-01-02

[News] China’s Auto Industry Faces New Price War as BYD Slashes Prices Early

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...

2024-12-18

[News] Honda and Nissan Reportedly Enter Merger Talks Amid Rising EV Competition from China

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...

Trump's speech on Nov. 2024
2024-12-17

[News] Trump Plans to Overturn Biden’s EV Policies and Impose Tariffs on Battery Materials

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...

2024-11-19

[News] Chinese EV Makers Shift to Africa Amid US and EU Import Restrictions

According to a report by Commercial Times, citing South China Morning Post, as the U.S. and EU intensify sanctions on Chinese electric vehicles (EVs), Chinese EV manufacturers are shifting their focus to Africa, accelerating efforts to establish flagship stores and assembly plants across the contine...

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