Naphjas Inc. |

16 Apr China’s semiconductor output jumps 40% in first quarter amid growing dominance in legacy chips

Posted at 13:30h in Asia

China’s total integrated circuit (IC) output surged 40 per cent to 98.1 billion units in the first quarter, a sign that the country is expanding its production of older-generation chips while being constrained by US trade restrictions on advanced chip-making equipment.National IC output jumped 28.4...

09 Apr New-energy vehicles to make up 50% of China’s new cars sales by 2030, Moody’s forecasts

Posted at 01:39h in Asia

New-energy vehicles (NEVs) will make up about half of new car sales in mainland China by 2030, as state incentives and expanding charging stations win over more customers, according to Moody’s Investors Service.The projection suggests a steady and continuous gain over the next six years...

26 Mar BYD’s annual earnings surge 81% to all-time high on record EV deliveries, warns of weak consumer demand and global headwinds

Posted at 14:15h in Asia

The Shenzhen-based carmaker, which counts Warren Buffett’s Berkshire Hathaway among its shareholders, said revenue climbed 42 per cent to 602.3 billion yuan in 2023 following record deliveries of new energy vehicles (NEVs). These include pure battery-run EVs, plug-in hybrids and fuel-cell vehicles.Apple’s Tim Cook and...

19 Mar Xpeng founder He Xiaopeng bullish after Chinese EV maker reports higher quarterly revenue, narrower loss in line with forecast

Posted at 13:15h in Asia

“Since the first quarter of this year, there has been an industry-wide price war, which has been growing increasingly fierce,” He Xiaopeng, chairman and CEO, said during a company conference call on Tuesday. “Several EV start-ups have been forced to wind down their operations and...

08 Mar China’s electric vehicle infrastructure falls short, as Lunar New Year holiday woes of EV drivers in Hainan and elsewhere showed

Posted at 11:15h in Asia

However, the biggest problem for NEV drivers this Lunar New Year was the lack of charging stations.Chinese scientists produce a powerful winter-proof lithium batteryThis year, Xinhua estimated that 9 billion journeys would be made over the 40-day chunyun period, which ended on March 5. Many...

10 Jan Foxconn pushes into electric vehicle production near its biggest iPhone plant amid slow smartphone sales

Posted at 11:00h in Asia

Foxconn Technology Group has set up a new car venture in Zhengzhou city, capital of central China’s Henan province and home to the world’s largest iPhone factory, as the Apple supplier steps up its efforts in the new energy vehicle (NEV) sector amid declining...

new-energy vehicles Tag

16 Apr China’s semiconductor output jumps 40% in first quarter amid growing dominance in legacy chips

09 Apr New-energy vehicles to make up 50% of China’s new cars sales by 2030, Moody’s forecasts

26 Mar BYD’s annual earnings surge 81% to all-time high on record EV deliveries, warns of weak consumer demand and global headwinds

19 Mar Xpeng founder He Xiaopeng bullish after Chinese EV maker reports higher quarterly revenue, narrower loss in line with forecast

08 Mar China’s electric vehicle infrastructure falls short, as Lunar New Year holiday woes of EV drivers in Hainan and elsewhere showed

10 Jan Foxconn pushes into electric vehicle production near its biggest iPhone plant amid slow smartphone sales

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