Following price cuts for two models in China, Tesla decided to close one of its flagship stores in a cost-control manner in the country where non-tolerance COVID measures keep hurting EV sales.
If you have been observing the Indian EV market, you would know that the initial days were all about startups. Several new companies entered the market, some of them with excellent offerings, and have become popular names in the local automobile market.
The world’s largest solar company warned that stricter US import requirements for panel shipments will continue to create disruptions to the American market through next year.
High-profile semiconductor industry leaders in China recently gathered at the just-ended SEMICON China Executive Summit seeking to find ways out for China’s future IC development under US trade sanctions and explore the “More than Moore” development paths, apart from sharing insights on the global semiconductor landscape and technology and market trends.
Taiwan’s power MOSFET and diode suppliers are strengthening their deployments in high-end power supply and server applications seeking to offset declines in shipments for consumer applications, according to industry sources.
US-based self-driving AI technology company Argo AI, founded in 2016, shut down last week and is now absorbed by two of its main stakeholders, Ford and Volkswagen, according to TechCrunch. The two companies have invested a combined US$3.6 billion in Argo.