Tesla factory on Turkey's wish list
September 19, 2023
Turkish president Tayyip Erdogan has reportedly asked Tesla CEO Elon Musk to build its next factory in Turkey.
BYD closes in on Tesla in Q2 BEV sales
August 17, 2023
The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales – which encompass battery electricity vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs) – soared to an impressive 5.462 million units, reflecting a growth of 33.6% YoY.
Samsung rumoured to be next supplier of Tesla FSD chips
July 21, 2023
Reports say Tesla is lining up Samsung Electronics to make the next-generation FSD (Full Self-Driving) chips that will power its Level-5 autonomous driving vehicles.
Panasonic rumoured to be planning new battery plant in India
July 18, 2023
Speculation suggests that Japanese electronics giant Panasonic is in talks to establish a new battery-making facility in India as part of the government’s production-linked incentive (PLI) scheme.
Panasonic Energy confirms plans to build a third EV cell factory in the US
June 06, 2023
The Japanese company says the new facility will help it to quadruple its manufacturing capacity by the end of the decade.
Global new energy vehicle sales reach 2.656 million units in Q1
May 31, 2023
TrendForce reports the total sales of New Energy Vehicles (NEVs) – comprising BEVs, PHEVs, and FCVs – reached 2.656 million units in the first quarter of 2023, marking a 28% YoY increase.
Tesla breaks ground on its future Texas lithium refinery
May 09, 2023
Tesla has officially broken ground on the company's in-house lithium refinery, located in the greater Corpus Christi area of Texas.
Global NEV sales grew 60% YoY, surpassed 10 million units in 2022
February 22, 2023
According to TrendForce’s latest research, global sales of new energy vehicles (NEVs) rose by 63.6% YoY to 10.65 million units for 2022.
MLCC suppliers will focus R&D and capacity expansion efforts
February 14, 2023
According to TrendForce’s recent analysis of the MLCC market, suppliers’ average book-to-bill (BB) ratio has risen slightly to 0.79 this February. The flow of orders has slowed down as seasonality affects the demand related to consumer electronics, data centers, and 5G network infrastructure.
Tesla invest $3.6 billion to grow its Gigafactory in Nevada
January 25, 2023
The electric carmaker says it will invest over USD 3.6 billion to expand its operations at Gigafactory Nevada, adding 3,000 new team members and two new factories.
Tesla spending big money in Texas
January 11, 2023
Tesla has decided to invest USD 775 million to expand its gigafactory in Austin/ Texas.
Ranking: best selling EV brands for 3Q22
November 28, 2022
Sales of BEVs totaled 2.147 million units and increased by 75% year over year, while sales of PHEVs totaled 714,000 units and increased by 57% year over year.
Global NEV sales reached 2.87 million units for 3Q22
November 25, 2022
TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell vehicles (FCVs), rose by 70% YoY to 2.87 million units for 3Q22.
Musk looking at South Korea for possible EV investment
November 24, 2022
South Korea is among top candidates for a Tesla factory in Asia, according to South Korea's presidential office.
Europe’s battery boom – charging a market
November 24, 2022
"The future is electric", a statement that’s been getting more and more meat on its bones over the last couple of years. An increasing number of automotive companies are transitioning to electronic electric drive.
Micron mulls new chip factory in Texas
August 26, 2022
Boise, Idaho-based Micron Technology is considering an expansion to Texas – more precisely building a new manufacturing facility in the small town of Lockhart.
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