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Monday 17 February 2025
Foxconn's EV playbook: Partnering with automakers to disrupt the market
As an integral component of its "3+3" industrial development strategy, the electric vehicle (EV) sector represents not only a crucial avenue for enhancing revenue and profitability...
Monday 17 February 2025
Taiwan's electric scooter market faces challenges in 2025
In 2024, Taiwan's electric scooter market saw a registration of 78,757 units, a slight decline of 1.04% from the previous year's 79,584 units. Furthermore, the registration numbers...
Monday 17 February 2025
GlobalWafers sees 6-inch SiC substrate prices steady
GlobalWafers chairperson Doris Hsu reports that prices for mainstream 6-inch silicon carbide (SiC) substrates have stabilized, though a market rebound remains uncertain. She noted...
Monday 17 February 2025
Taiwan develops breakthrough steel for safer hydrogen fuel storage
National Cheng Kung University (NCKU) has developed a new hydrogen-resistant stainless steel that promises to enhance the safety of hydrogen fuel cell vehicles. The innovation comes...
Friday 14 February 2025
Foxconn's CDMS offer to Nissan: A partnership, not a takeover
Following the breakdown of merger talks between Nissan and Honda, the chairman of Taiwan's Foxconn, Young Liu, stated on February 12, 2025, that the company's goal is cooperation...
Friday 14 February 2025
EV market shakeup: VW surges as Tesla slumps in Germany; Geely overtakes BYD in China's retail sales
In January 2025, Volkswagen (VW) dominated Germany's battery electric vehicle (BEV) market, capturing nearly half the market and increasing its share by 15pp year-over-year, while...
Friday 14 February 2025
Taiwan's auto market sees stable growth, driven by EVs and luxury models
Taiwan's automotive market has entered a stable growth phase, with electric vehicles (EVs) and high-end models showing the most significant expansion. The global momentum for new...
Thursday 13 February 2025
Honda and Nissan scrap US$60 billion merger plans amid restructuring clash
Honda and Nissan have officially called off their merger negotiations, which began in December 2024. Both companies held board meetings on February 13, 2025, where they decided to...
Thursday 13 February 2025
HFC's sub-group model: A blueprint for diversification beyond auto financing
Hotai Finance Corporation (HFC), Taiwan's leading auto finance company under the Hotai Motor Group, is advancing corporate transformation through a sub-group development model. By...
Thursday 13 February 2025
Foxconn's auto gambit faces cultural maze at Stellantis, RNM
The automotive industry's deep connection to regional economies and political landscapes sets it apart from other electronics sectors, according to supply chain sources. This distinction...
Thursday 13 February 2025
Renault holds key to Nissan's future as Foxconn ponders move
As iPhone maker Foxconn circles the ailing Japanese automaker Nissan Motor Co., Renault SA will play a decisive role in any deal that's struck.
Thursday 13 February 2025
Apple and Foxconn face steep hurdles in Nissan stakes bid amid Honda merger collapse
The proposed merger between Honda and Nissan has reached an impasse, while Renault is preparing to reduce its 36% ownership in Nissan. This development has sparked speculation about...
Wednesday 12 February 2025
Foxconn chairman dismisses Nissan takeover talk; focus is on collaboration
Foxconn chairman Young Liu dismissed speculation about a potential Nissan acquisition, emphasizing that the company seeks collaboration rather than equity control. "Acquiring shares...
Wednesday 12 February 2025
Bridgestone rides Taiwan's EV boom with high-tech tires
The surge in luxury car and electric vehicle (EV) sales in Taiwan has created profitable opportunities for component suppliers, particularly in the tire sector. Bridgestone Taiwan...
Wednesday 12 February 2025
China's automotive ambitions drive merger of state-owned giants
Two of China's largest state-owned automotive enterprises have announced plans for a strategic reorganization. Dongfeng Motor Corporation and Changan Automobile (Changan), both under...