The future is here? CATL plots battery swapping revolution
December 24, 2024
The Chinese company has announced plans to open 1,000 swap stations next year in China, including in Hong Kong and Macao. CATL’s long-term goal is to open a whopping 10,000 stations with partners.
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Nio, Monolith tie-up will boost real-time AI EV battery testing
October 04, 2024
Chinese EV maker Nio runs a battery swapping service that allows car owners to swap out EV batteries in minutes rather than charging them.
Nio gets $1.9 billion injection from parent, investors
September 30, 2024
Strategic investors have agreed to invest USD 470 million in cash in Nio China. The carmaker has also agreed to invest USD 1.4 billion in cash to subscribe to the newly issued shares of Nio China.
NIO showcases the world's first 5nm autonomous driving chip
July 30, 2024
China's EV company NIO says it is ready to disrupt smart automotive markets with its new Shenji NX9031 chip.
China EV maker NIO selects Melexis sensor chips
June 10, 2024
Melexis will provide sensor chips to EV manufacturer NIO. The Belgian firm says its products will power all of NIO’s traction inverter systems.
EV maker Nio has developed a 5nm processor for self-driving
January 01, 2024
Chinese car manufacturer Nio has unveiled a five nanometer SoC that it claims is comparable to Nvidia's A100 market-leading processor.
Rebound in mini LED product shipments in 2024
November 06, 2023
Due to declining demand in consumer electronics, shipments of Mini LED products are expected to decrease to 13.337 million units in 2023, says TrendForce. However, the market is projected to rebound in 2024, with shipments estimated at 13.792 million units, and the growth trend is expected to continue through 2027
Mini LED backlit automotive display modules forecasted to total around 450,000 units for 2023
December 21, 2022
According to TrendForce’s latest research, shipments of Mini LED-backlit automotive display modules are estimated to total around 140,000 units this year because of their use by European, Chinese, and US carmakers.
ZF and NIO sign strategic cooperation agreement
October 21, 2022
ZF has signed a strategic cooperation agreement with NIO. The two companies will work together in the development of steer-by-wire (SBW) products and other fields.
Reducing the cost of batteries will become more important
April 19, 2022
As a consequence of rising power battery raw material prices, a number of global new energy vehicle (NEV) brands including Tesla, BYD, NIO, Li Auto, and Volkswagen, have successively raised the sales prices of electric vehicles in 1Q22.
Automotive LED market value forecast to reach $3.51 billion
December 14, 2021
TrendForce’s 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis research indicates, the global penetration rate of LED headlights exceeds 60% in 2021 with penetration in new energy vehicles (NEV) exceeding 90%, according to TrendForce’s latest investigations.
NEV sales for 2021 projected to reach 4.35 million units
June 24, 2021
As the pace of electrification accelerates in the global automotive market, and various governments worldwide implement subsidy policies that encourage consumer EV purchases, sales of new energy vehicles (NEV, which includes both BEV and PHEV) are continuing to rise as well, according to TrendForce’s latest investigations.
NIO suspends production due to semiconductor shortage
March 29, 2021
The Chinese electric car manufacturer says that it has decided to temporarily suspend the vehicle production activity manufacturing plant in Hefei due to the semiconductor shortage.
Osram sits on the throne as the top automotive LED supplier
March 25, 2021
The COVID-19 pandemic heavily impacted the global auto market and in turn damaged the automotive LED industry in 1H20, according to TrendForce’s latest investigations. However, 2H20 saw a gradual recovery.
Long and winding road for China’s EV maker NIO
December 17, 2019
In its third round of layoffs this year, NIO US has filed another WARN notice with the State of California’s EDD office indicating 141 layoffs, bringing the total to 273 for the year.
Picosun augments energy and density for batteries
December 17, 2019
As the performance requirements of devices running on lithium-ion batteries are increasing, Finnish Atomic Layer Deposition (ALD) equipment and solutions provider, Picosun Group, thinks that the functional characteristics of their power sources should be improved as well.
ABB to acquire Chinese EV charging provider
October 28, 2019
ABB says the company is to acquire a majority stake of 67% in Shanghai Chargedot New Energy Technology Co., Ltd., a Chinese e-mobility solution provider.
Tough quarter for electric car maker NIO
September 25, 2019
Chinese electrics car company NIO responds to market conditions; layoffs ahead.
Continental supplies technology for NIO’s ES8 electric SUV
May 31, 2017
Continental has signed a strategic cooperation framework agreement with NIO, a global electric vehicle startup.
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