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Friday 9 May 2025
Foxtron-Mitsubishi tie-up hands Yulon Motors edge in Taiwan's EV race
Foxtron Vehicle Technologies, a joint venture between Foxconn Precision Industry and Yulon Motor Group, has signed an MOU with Mitsubishi Motors, positioning Yulon's Sanyi factory...
Friday 9 May 2025
Ford cuts electric vehicle investment as losses outpace tariff risks

In a dramatic move reflecting the mounting challenges of the electric vehicle transition, Ford Motor Company has halted development of...

Friday 9 May 2025
BMW predicts US auto tariff increases will be temporary
Due to the uncertainties caused by US President Donald Trump's tariffs on cars and components, many European and American automakers have withdrawn their 2025 sales and financial...
Thursday 8 May 2025
Geely bids to take Zeekr private at US$6.4 billion valuation
Billionaire Li Shufu is ramping up a push to streamline his sprawling business empire, with his Hong Kong-listed Geely Automobile Holdings Ltd. offering to take premium electric-car...
Wednesday 7 May 2025
Mitsubishi taps Foxconn-Yulon JV for EVs aimed at Oceania, production set for 2026
Mitsubishi Motors said on May 7 that it signed a memorandum of understanding (MOU) with Foxtron Vehicle Technologies—a joint venture between Foxconn and Yulon Motor—to...
Wednesday 7 May 2025
EU eyes EUR100 billion of US goods with tariffs if talks fail
The European Union plans to hit about EUR100 billion (approx. US$113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result...
Wednesday 7 May 2025
China's Pony AI is Uber's latest robotaxi partner in Middle East
Robotaxi company Pony AI will partner with ride-hailing giant Uber Technologies Inc. to launch in the Middle East this year, as the auto industry's push into autonomous driving gathers...
Wednesday 7 May 2025
Tesla deepens China supply chain ties as 95% of Model Y parts are sourced locally
Tesla announced on May 6 that more than 95% of the parts used in every Model 3 and revamped Model Y produced at its Shanghai Gigafactory are sourced domestically, underscoring the...
Wednesday 7 May 2025
COMPUTEX 2025 kicks off with AI NEXT Forum, showcasing transformation innovations
The much-anticipated COMPUTEX 2025 kicked off on May 6, with the AI NEXT Forum, setting the stage for groundbreaking advancements in technology. Paul Peng, chairman of the Taipei...
Wednesday 7 May 2025
Apple confronts a multifaceted crisis as Tim Cook strives for solutions
Amid the escalating tariff war, Apple has been cast as its most prominent casualty. Yet, a closer examination of the company's recent financial disclosures reveals a performance that...
Tuesday 6 May 2025
BYD scores big in European PHEV market
The EU's anti-dumping duties on battery electric vehicles (BEV) imported from China are reshaping the European car market, accelerating the penetration of Chinese plug-in hybrid electric...
Tuesday 6 May 2025
Europe shunned plug-in hybrids. China sold them back
In early 2025, the European Union made a decisive pivot in its electric vehicle policy, throwing full support behind battery electric vehicles (BEVs) while pulling back on plug-in...
Tuesday 6 May 2025
Rare earth prices surge 210%: EV, robotics, defense supply chains on the line
As China imposed export controls on seven critical medium and heavy rare earth elements in early April, a buying frenzy has gripped the international rare earth market. Within a month,...
Tuesday 6 May 2025
China chokes rare earth supply—prices triple, global supply chains rattle
China's decision to tighten export controls on seven rare earth elements has sent global prices soaring more than threefold since early April, raising alarms across critical industries,...
Monday 5 May 2025
Trump eases auto tariff impact for North American-made vehicles
On April 3, 2025, the White House announced a sweeping new 25% tariff on imported automobiles and auto parts. Less than a month later, on April 29, President Donald Trump signed an...