China's auto industry is increasingly relying on exports to sustain growth as domestic demand remains weak, industry sources said, ahead of a possible visit by Chinese President Xi Jinping to the US for a summit with US President Donald Trump. Online reports that Beijing may include BYD in a business delegation have fueled speculation the EV maker could use the trip to ease trade frictions and protect overseas momentum.
Hotai Motor said it will invest in lifestyle and entertainment booking platform FunNow to deepen its mobility-as-a-service (MaaS) ecosystem. The company plans to inject US$10 million (about NT$318 million) for an approximately 10% stake, while also launching a deep strategic partnership between its ChicTrip travel platform and FunNow.
Master Transportation Bus Manufacturing (Master Bus) is deepening its electric-bus strategy around proprietary motors and chassis.
Taiwanese tire maker Cheng Shin Rubber, best known for its Maxxis brand, is nearing its 60th anniversary and using AI and digital twins to compete in a faster-moving automotive market.
Taiwan's largest steelmaker China Steel (CSC) is actively expanding its high-recycled-content steel products, as the global automotive industry accelerates its transition toward net-zero emissions and electrification, boosting demand for low-carbon materials worldwide. The move allows the company to move beyond general industrial applications into automotive sheet metal, electric vehicle (EV) motors, high-strength fasteners, and vehicle body structures.
Li Auto's move to open its in-house technologies to outside customers marks a broader shift in the electric vehicle maker's strategy, turning years of internal research into a possible new revenue stream. The company is now seeking external buyers for its Mach intelligent-driving chip, silicon carbide (SiC) power modules, and range-extender system, according to Chinese media reports.
