The Covid-19 pandemic has hit the automotive industry hard. US car production in March was 1.7 million units, down from 2.62 million the previous month, and European output was down by at least 1.2 million vehicles by late April. The WTO, which predicts global trade to shrink this year, foresees the most pronounced contractions in the electronics and automotive sectors. Indeed, US auto sales w...

The epidemic impacted the market demand, and the car factories became the hardest hit areas, triggering various governments to launch various subsidy cases to actively boost the market demand. In April this year, mainland China offered a number of car purchase discounts to drive market demand. The new car subsidy plan of 100 million euros (US$5.6 billion) stimulates buying momentum; coupled with ...

Taiwan’s auto market report was released in May, and the overall market buying momentum stabilized. The actual number was 33,528 units, which was higher than the original estimate of 33,000 units, and an increase of 8.8% from the previous month. The Toyota and Lexus brands of Tyco have registered 11,119 units (T: 9,042, L: 2,077), with a market share of 33.2%. Leading car manufacturers Hotai ...

TSMC has announced the availability of what it claims is the world's first 7nm automotive design enablement platform (ADEP) to accelerate time-to-design for customers' AI inferencing engines, advanced driver assistance systems (ADAS) and autonomous driving applications. TSMC indicated with its 7nm family of technologies in volume production since 2018, the foundry possesses industry-leading yi...

More than 80 percent of vehicle plants in 13 major car-manufacturing countries resumed limited operations as of mid-May as new coronavirus restrictions were eased, an auto industry association said Monday. Vehicle plants in the United States and 12 other major car-manufacturing countries began to restart production, though not in full operation, since mid-April, and more lines are expected to ...

“Taiwan will utilize domestic demand, particularly demand from the public sector and national security needs, as the fuel for our industrial development,” The president Tsai Ing-wen said.The president added that Taiwan would aim to create a strategic materials manufacturing industry with vital industrial chains onshore to ensure self-sufficiency in producing medical and daily supplies, energy and...

Although the local government is still implementing the home epidemic prevention order, Tesla Chief Executive Musk still strongly announced on the 11th that the company's only assembly plant in the United States resumed work. Later, one of the most high-profile showdowns on restarting economic issues. Tesla's only electric vehicle assembly base in the United States is located in Fremont, Alame...

Although the escalation in COVID-19 spread worldwide is broadly making consumers less willing to spend, the local car market in Taiwan appears undaunted, with sales rising more than 3.1 percent with 30,822 registered cars in the first quarter of 2020 compared to the same period last year, according to government statistics. Taiwan-based manufacturing giant Hon Hai Precision Industry Co., which...

According to the latest video taken by a drone, Tesla Shanghai Super Factory is about to double. In addition to a huge new building that looks almost as big as the first phase of the project, there are several other relatively large Small but still under construction, these new buildings may be Tesla, a new plant in Shanghai that produces an electric RV Model Y and new battery modules and electri...

Robert Bosch said it expects automotive production to fall by at least 20 percent this year, as the coronavirus pandemic slams the brakes on factory production lines and saps demand. "We are bracing ourselves for a global recession that will also have a considerable impact on our own performance in 2020," Bosch CFO Stefan Asenkerschbaumer said in a statement on Wednesday. "Given the many im...