➀ The success of China's EVs is negatively impacting foreign car producers; ➁ Foreign companies like Nissan, General Motors, Volkswagen, BMW, and Mercedes are struggling in China; ➂ Toyota and Honda are exceptions, with Toyota building a new EV factory and Honda restarting EV production in China.

➀ Tesla's BEV market share dropped from 19% to 17% in the first five months of 2024; ➁ BYD is just one point behind Tesla at 16%; ➂ The BEV portfolio of legacy automakers like Volkswagen and Geely-Volvo stood at 7 and 8 percent, respectively.

1. Micron announces the world's fastest datacenter SSD, the 9550 NVM SSD, with high-speed data transfer capabilities. 2. DRAM and NAND Flash revenues are expected to significantly increase in 2024 and 2025. 3. Onsemi signs a multi-year deal with Volkswagen to supply silicon carbide power assemblies for automotive traction motors.

1. Oak Ridge National Laboratory and Volkswagen Group of America have successfully demonstrated a 270-kW wireless power transfer to a Porsche Taycan, showcasing a significant advancement in electric vehicle charging technology. 2. The system uses a polyphase electromagnetic coil design to maximize power density and efficiency, achieving a 50% increase in state of charge within 10 minutes with over 95% efficiency. 3. This technology integrates protective measures to ensure safe and reliable power transfer, including shutdown procedures in response to power interruptions or unexpected conditions.