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Globe and Mail
04-07-2025
- Automotive
- Globe and Mail
China Semiconductor Market for Automotive worth $419.15 billion in 2024
China Semiconductor Market for Automotive by Component (Microcontroller, Power Semiconductor, Sensor & MEMS Device, Memory Chip, Analog & Mixed Signal IC), Global & China Semiconductor Export, Alternate Destination - Trends and Strategic Recommendation China's exports of automotive semiconductors reached USD 419.15 billion in 2024, from USD 280.81 billion in 2020, with a CAGR of 8.9%. China's semiconductor market for the automotive sector is rapidly expanding, driven by the country's status as the world's largest electric vehicle (EV) market and strong government support for new energy vehicles. Automakers are intensely focused on advancing electric mobility and integrating innovative features such as advanced driver assistance systems (ADAS), AI-powered infotainment, and over-the-air (OTA) software updates. The development of next-generation electrical and electronic (E&E) system architectures, including centralized domain controllers and software-defined vehicle platforms, is accelerating. These advancements enable the production of more intelligent, connected, and upgradable vehicles. As a result, the semiconductor content per vehicle is increasing, fueling robust demand for automotive chips, especially power semiconductors, AI processors, and high-speed connectivity solutions. This trend positions China to lead in automotive innovation and reduce its reliance on foreign technology. Microcontrollers hold the highest share of China's automotive semiconductor market. Microcontrollers (MCUs) dominate the automotive semiconductor market due to a strong manufacturing ecosystem, the quick adoption of smart devices, and government initiatives aimed at semiconductor self-sufficiency, such as the 'Made in China 2025' policy and the National Integrated Circuit Industry Investment Fund, which has allocated over USD 29 billion for domestic chip development. In automotive applications, MCUs play a crucial role in real-time control, monitoring, and processing for systems such as engine management, battery management, ADAS, infotainment, and safety features. This integration enhances vehicle performance, safety, and user experience. Moreover, Chinese manufacturers are working to stabilize their production of automotive-grade chips at the 14 nm process node and are investing in 7 nm capabilities. For instance, SMIC began mass production of 14 nm chips in late 2019. By March 2022, the company reported impressive yield rates of 90–95% for its 14 nm chips, which are regarded as industry-leading and suitable for critical automotive and industrial applications where reliability is essential. In 2024, the surge in EV sales in China exceeded 11 million, significantly increasing the demand for high-performance MCUs. Key players in domestic manufacturing, namely Midea Group (which expanded into MCU production for home appliances in January 2023), GigaDevice, and AutoChips, are leading this sector. Future investments will focus on research and development for next-generation automotive MCUs, enhancing energy efficiency, and building supply chain resilience. Additionally, significant government and industry funding is being directed toward semiconductor hubs in Eastern China, such as Shanghai and Suzhou. Download PDF Brochure @ Power semiconductors exhibit the fastest growth in China's automotive semiconductor market. Power semiconductors are the fastest-growing segment of China's automotive sector, driven primarily by the country's rapid electrification and the increased adoption of EVs. These vehicles require significantly more power semiconductors than traditional ICE vehicles for essential functions such as inverters, onboard chargers, and DC-DC converters. Silicon carbide (SiC) devices are widely used in various components of electric vehicles, including main drive inverters, onboard chargers (OBCs), DC-DC converters, and high-power charging equipment. The composition of SiC devices is as follows: substrates account for approximately 45%, epitaxial wafers make up about 25%, and modules represent around 20%. Notably, SiC modules are being integrated into 800V architectures, which are becoming increasingly popular in new electric vehicles in China. Meanwhile, gallium nitride (GaN) devices are recognized for their low switching energy, which is more than 50% lower than SiC devices; however, GaN requires thicker epitaxial layers. Chinese automakers are also introducing innovative features such as ultra-fast charging, ADAS, vehicle-to-grid (V2G) capabilities, and more sophisticated infotainment systems. These advancements significantly heighten the demand for robust and efficient power semiconductor solutions. Looking ahead, the roadmap for Chinese automakers includes further electrification, the development of autonomous driving technologies, and the integration of SiC/GaN-based power modules to enhance efficiency and reduce vehicle weight. As a result, power semiconductors are becoming the fastest-growing segment in China's automotive sector. Hong Kong is the largest importer of integrated electrical circuits from China. China exports integrated circuits (ICs) to Hong Kong primarily due to its status as a global trade hub and logistics gateway. In Hong Kong, these ICs are often re-exported to other markets or utilized in local electronics assembly and manufacturing. China's proximity to Hong Kong, along with an established supply chain and robust semiconductor production capacity, positions it as the leading supplier of these components. Several factors drive these exports, including China's rapidly growing domestic IC manufacturing, government support for semiconductor self-sufficiency, and strong global demand for electronics. This demand is especially pronounced in sectors like automotive, consumer electronics, and smart devices, with Hong Kong facilitating worldwide distribution. The high volume of exports from China to Hong Kong is also supported by Hong Kong's trade-friendly environment, low tariffs, and efficient customs procedures. Moreover, its role as a financial and logistics center helps connect Chinese manufacturers with international buyers. The applications for these ICs are diverse, encompassing automotive electronics, consumer electronics, IoT devices, and industrial automation. Both domestic and international automakers rely on these ICs for next-generation vehicles, including electric and connected cars. Due to its limited semiconductor manufacturing capacity, Hong Kong depends on China for these integrated circuits, relying on China's advanced and cost-effective production to meet local and global demand. In fiscal year 2024, China exported 89.39 million integrated circuits to Hong Kong, underscoring Hong Kong's critical role in the global semiconductor trade. Supporting this trade are several key factors: China's aggressive investment in semiconductor research and development, the Belt and Road Initiative's impact on trade infrastructure, and Hong Kong's integration into the Greater Bay Area's high-tech ecosystem. Collectively, these factors ensure a steady flow of ICs and bolster Hong Kong's status as a leading global electronics trade center. Key Players The major players in the China semiconductor market for automotive include SMIC (SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION), GigaDevice Semiconductor Inc., Novosense Microelectronics, Silan Microelectronics, and HiSilicon.
ArabGT
29-06-2025
- Automotive
- ArabGT
Top Car News of the Past Week
In this week's automotive roundup, we spotlight major headlines: Tesla's shrinking European market share, the global premiere of the new Formula 1 movie, an exclusive test drive of a Maybach convertible, the debut of Sweden's most powerful hypercar, and the return of the iconic Jeep Cherokee. Tesla's Sales Drop Shakes the European EV Market Tesla's European sales fell by 27.9% in May 2025, marking the fifth straight month of decline. Year-to-date, sales have dropped by more than 37%, reducing the company's market share from 2.1% to 1.3%. This is despite continued growth in the EV market, driven by brands like BYD and Škoda. Analysts point to intense competition, delayed purchases ahead of model updates, and political controversies surrounding Elon Musk. Tesla's performance in countries like Germany and France is weak, with Norway being the exception. The 2026 Model Y might help, but its future in Europe remains uncertain. Formula 1 Film 'F1' Makes a Splash at the Box Office The new racing movie 'F1,' starring Brad Pitt and directed by Joseph Kosinski, premiered globally on June 25 and hit North American theaters on June 27. It opened with a strong box office performance, grossing around $140 million globally. The film, praised for its realism and shot during actual F1 races, is now Pitt's most successful opener. ArabGT's Musab and Suhaib Shashaa attended the Dubai premiere and reviewed the film in their latest 'Car Chat' podcast. Mousub Shashaa Drives the Maybach SL 680 Mousub Shashaa, founder of ArabGT, took the 2026 Mercedes-Maybach SL 680 for an exclusive test drive. The fourth model in the Maybach lineup, this convertible blends timeless luxury with cutting-edge technology. It features premium materials, advanced comfort systems, and a smooth yet powerful driving experience—setting a new benchmark in open-top elegance. Koenigsegg Unveils the Sadair's Spear 2026 Koenigsegg has launched the 2026 Sadair's Spear, a limited edition hypercar based on the Jesko Attack. Only 30 units will be produced, each powered by a twin-turbo V8 pushing out 1,625 hp on E85 fuel. With aggressive aerodynamics, lightweight construction, and a time-cutting transmission, the Sadair's Spear is more than a second faster on track than its predecessor—cementing its title as Sweden's most powerful hypercar to date. Jeep Revives the Cherokee for 2026 After a two-year break, Jeep has brought back the Cherokee for 2026. Positioned between the Compass and Grand Cherokee, it features updated styling, hybrid and electric powertrains, and an enhanced infotainment system. The Cherokee stays true to its off-road legacy while embracing modern comfort, sustainability, and connectivity—aligning with Jeep's renewed brand direction.
Bloomberg
29-05-2025
- Automotive
- Bloomberg
Li Auto Second-Quarter Sales Set to Disappoint Amid EV Price War
Li Auto Inc. forecast second-quarter revenue that fell short of what investors are expecting, as the Chinese electric vehicle maker struggles amid intensifying competition in the world's biggest automobile market. Carmakers in China have slashed sticker prices to kick start sluggish consumer demand, including market leader BYD Co., which last week cut prices by as much as 34%.
Auto Express
15-05-2025
- Automotive
- Auto Express
New Toyota bZ4X Touring guns for Subaru Outback with off-road estate
The stream of new Toyota electric cars is steadily growing thanks to the introduction of a more practical bZ4X Touring that'll join the updated version of the standard body in spring 2026. Now much more overtly 'SUV' in its size and stature, the Toyota bZ4X Touring is aimed at those who need space in their EVs thanks to a big increase in luggage space, plus all the technical upgrades recently introduced on the standard bZ4X facelift. Advertisement - Article continues below The Touring's key change is its bigger body, which is 140mm longer and 20mm taller than the existing bZ4X. This yields more room inside, with bootspace now increased by around a third to 600 litres. The second row should also benefit from more headroom, and an added sense of space thanks to bigger windows and a more open interior layout. Toyota has also fitted new roof rails that are rated to carry up to 70kg, and towing capacity is boosted to 1,500kg – two new attributes that make this much more suitable for outdoor types who like to haul caravans or sleep in roof-top tents. The bZ4X will be available with two powertrain options, both running the same updated 74.7kWh battery pack as was revealed in the main car's facelift a few months ago. The first, single-motor version produces 221bhp and is capable of a WLTP range of up to 348 miles – a huge increase on early bZ4X models. Skip advert Advertisement - Article continues below A more powerful 376bhp dual-motor variant will top the range, and with its second motor also delivers all-wheel drive. In order to make the most of this added driveability, Toyota's X-Mode is fitted, which will augment the power delivery to help in slippery conditions. Official WLTP range figures for this variant haven't been released as yet, but expect a small dip compared to the single-motor car. Both powertrain options feature 150kW DC fast charging, and come with an 11kW or 22kW on-board charger for the single and dual-motor options, respectively. These are not quite class-leading figures when compared to many Korean or European rivals, but they're no longer a million miles away in terms of range, as the previous generation bZ4X was. In terms of design, the new Touring borrows much from its new Subaru Trailseeker sibling that'll also be arriving in Europe later this year, but dons a slightly less rugged look with a sleeker front end defined by slim, C-shaped daytime running lights. Along with the standard bZ4X, the interior's also been given a scrub up, with a larger central infotainment screen and redesigned centre console that liberates more small item storage space. Specific UK trims and prices have yet to be set, but we expect things to kick off at around £45,000 for the entry-level model. We'll find out more closer to the car's arrival in the spring of next year. Click here for our list of the best electric SUVs ... Find a car with the experts Not bothered by MoT advisories? That may be about to change Not bothered by MoT advisories? That may be about to change The number of MoT failures caused by worn tyres is on the rise, and experts are calling for mandatory follow-ups on advisories Confirmed: New VW Golf GTI will be electric – and it's a 'monster' Confirmed: New VW Golf GTI will be electric – and it's a 'monster' VW is taking the iconic hot hatchback brand into the electric era with the new Golf GTI EV already in development… Audi e-tron GT gets huge £20k price cut as new entry-level quattro joins range Audi e-tron GT gets huge £20k price cut as new entry-level quattro joins range Most basic e-tron GT also comes with the longest range and nigh-on 500bhp
