One in Four Cars Sold in China in 2022 Was an EV With BYD Powering Country’s Outperformance
China’s EV sales almost doubled in 2022 with 87% YoY growth. BYD led the market, followed by GM Group, Tesla, Geely Holding and GAC Group. China’s…
iTriangle Leads India Telematics Ecosystem; EVs to Drive Telematics Demand
Telematics shipments in India are expected to reach 50 million units in 2030 at a CAGR of 31% from 2021. Rising demand for EVs, ubiquitous 4G…
‘Made in India’ Smartphone Shipments Grew 16% YoY in Q2 2022; Domestic Manufacturing Push in Wearables Continues to Grow
OPPO led the ‘Made in India’ smartphone shipments with a 24% share, followed by Samsung. Lava led the ‘Made in India’ feature phone shipments with a…
Global EV Sales up 61% in Q2 2022; BYD Leads Market
Global passenger electric vehicle (EV) sales* reached 2.18 million units in Q2 2022. BYD Auto overtook Tesla to become the top-selling EV brand…
US Chips Act Takes New Form Before August Recess, Leaves Some Unhappy
Yesterday, the Senate passed a slimmed down version of the United States Innovation and Competition Act (USICA), the CHIPS Act. After strong initial…
One in Two Cars Sold Will Have Electric Powertrain by 2030
China will be leading the global EV market, followed by Europe and US. BEV will have nearly 40% share in the global passenger vehicle market by…
Policy Interventions as US Tech Firms Look Inwards
On April 5th 2022, American policymakers, firms and academics met at the IP Leadership Summit to discuss the key challenges at the intersection of…
Efforts to Diversify Semiconductor Supply Chain Gather Pace
The past two years have brought out the importance of semiconductors in driving economies like never before. Whether it is the demand shock created…
China to be Cautious in Penalizing Businesses Under Anti-Foreign Sanctions Law
The new Anti-foreign Sanctions Law adopted by China earlier this month provides a legal basis for the previous administrative countermeasures…
Governments Play Catch-up With Digital Economy
Propelled by rapid technological changes and dynamic market forces, the digital economy is changing fast. To be in step, governments and law-making…