Stellantis Bets Big with €30-billion Investment Plan for EV Business
Stellantis, formed in 2021 after the merger of Italian American automaker Fiat Chrysler and France’s PSA, unveiled its electrification plans on July…
US Connected Car Market on Recovery Path After COVID-19; 5G Cars to Account for 27% of Market by 2025
In 2020, 92% of connected cars in the US were using 4G LTE networks. 80 million new connected cars will be added in the US during 2020-2025. San…
Global Cellular IoT Module Shipments up 50% YoY in Q1 2021 as Demand for 5G, LTE-Cat 1 Modules Soars
Quectel and Qualcomm maintained their top positions in the cellular IoT module vendor and chipset player market shares, respectively. Automotive,…
Podcast: Auto Sector’s Semiconductor Shortage Likely to Ease in Late 2021
The COVID-19 pandemic impacted automobile sales in H1 2020. But as the demand started recovering in H2 2020, the semiconductor shortage crisis hit…
Will Foxconn Shake EV Industry?
Apple supplier Foxconn, with an aim to diversify its business and reduce overdependency on Apple for revenue generation, is betting big on electric…
COVID Dents TCU Shipments but Recovery Looks Promising
Continental, LG, and Harman together account for a majority of global TCU shipments. One in four TCUs shipped in 2025 will be 5G-enabled. Automakers…
NB-IoT Module Share in Cellular IoT Module Shipments at Record 30% in Q3 2020
Quectel, Sierra Wireless, Thales and Telit controlled more than half of the global cellular IoT module revenue. Automotive, Router/CPE and…
Semiconductor Component Shortage Hits Automobile Industry
The impact of COVID-19 on the semiconductor supply chain has extended from consumer to automotive electronics. Since Q2 2020, many automotive…
5G Connected Cars to Grab 40% of China Market by 2025
Beijing, Hong Kong, New Delhi, London, Seoul, Buenos Aires, San Diego – December 18, 2020 5G connected car sales volume in China will jump to 7.1…
Uber ATG-Aurora Deal is Win-Win for Both
Uber is selling its self-driving division ATG to autonomous vehicle (AV) start-up Aurora. Uber will also take a 26% stake in Aurora and invest $400…
Government Push to Make China a Leader in 5G Connected Cars
Increasing need for real-time cloud computing and fast cloud-car communication is creating a market for 5G-enabled connected cars. Counterpoint…
Connected Car Shipments for Europe Hit the Expressway
In Q2 2020, 4 out of 5 connected cars were using 4G LTE connectivity in Europe. 69 million new connected cars will be added in Europe during…
Weekly Update: COVID-19 Impact On Global Automotive Industry
To receive weekly updates on the COVID-19 situation and our latest research straight to your inbox, click this link to register Click here to get the…
NIO’s Battery-as-a-Service (BaaS) Strategy: A Smart Move
Nio has launched battery as a service (BaaS) under Nio-Power, offering charging and swapping of batteries for EV owners. BaaS users can buy a Nio car…
Global Cellular IoT Module Shipments Decline 28% Sequentially During Q1 2020
Quectel led the global cellular IoT module shipments with 28% market share during Q1 2020 Qualcomm led the global cellular IoT module chipset…
Tesla’s Chinese Foray: Why, What and How
In 2018, Tesla CEO Elon Musk signed an agreement with the Shanghai regional government to set up the first Gigafactory in China. Here we discuss why…
Tesla Q1 2020: Manages to Stay Profitable
Key Highlights Tesla ended Q1 2020 with US$5.1 billion in revenues, up 37.8% from last year. The company earned a small profit of US$16 million,…
Regulatory Gridlocks Slowing Down EV Growth in US
Summary The US remains an important market for automakers, accounting for 20% of vehicles and about 15% of EV sales globally. However, regulatory…