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Monday 21 July 2025
Foxconn subsidiary invests US$60 million in AI-centric Oceanus Growth Fund
Foxconn's subsidiary, Hon Chi International Investments, has announced a significant investment of US$60 million in the Oceanus Growth Fund, L.P., a private equity fund.
Monday 21 July 2025
India roundup: Tesla's long-awaited showroom in India
Tesla finally set up its first show room in India after a nine-year journey amid steep Indian duties against importe vehicles. India looks to attract investments from financial institutions...
Sunday 20 July 2025
Tesla ignites three-row EV showdown in China

Tesla is reinforcing its presence in China's electric SUV segment with the upcoming Model Y L, a long-wheelbase, six-seat version positioned...

Friday 18 July 2025
Taiwan automakers on high alert over US tariffs talks
With the latest round of US retaliatory tariffs nearly finalized, Taiwan and India are among the last few countries yet to receive formal rate details, leaving policymakers and industries...
Friday 18 July 2025
Tariff uncertainty stalls sales, Mercedes-Benz Taiwan awaits direction
As US-Taiwan negotiations over complete vehicle tariffs near conclusion, market speculation has intensified, especially around the possibility of a zero-percent tariff on American-made...
Friday 18 July 2025
Stellantis scraps hydrogen van launch, casting doubt on fuel cell future
Stellantis has announced it is scrapping its hydrogen fuel cell vehicle (FCV) program and cancelling plans to launch a hydrogen-powered van in 2025, delivering a major blow to the...
Friday 18 July 2025
WKG navigates tariffs, currency shifts with the US and China in its sights
Taiwan-based automotive component manufacturer World Known MFG (WKG) announced on Wednesday that it is doubling down on its US business strategy, targeting higher-value product lines...
Friday 18 July 2025
Taiwan-based auto part maker WKPT expects revenue contribution to grow from Japan

World Known Precision Industry (WKPT), a major Taiwanese supplier of commercial vehicle components, has long relied on the US as its...

Friday 18 July 2025
Chinese Premier orders end to cutthroat EV price war
Chinese Premier Li Qiang has pledged to rein in aggressive price-cutting in China's fast-growing electric vehicle (EV) sector, marking a clear pivot from self-regulation to direct...
Thursday 17 July 2025
Taiwan's auto industry prepares for a post-tariff reality
With US–Taiwan tariff negotiations still unresolved, uncertainty is rippling through Taiwan's auto industry. Industry sources now warn that should the Taiwanese government lower...
Thursday 17 July 2025
Import tariff talks with the US spark fears among Taiwan's domestic carmakers
Taiwan's domestic and imported car markets have long been locked in a delicate tug-of-war. In 2024, local vehicles held a narrow lead with a 52% market share, compared to 48% for...
Wednesday 16 July 2025
Geely's US$2.4 billion Zeekr buyout kickstarts China's EV brand consolidation wave
Geely Automobile Holdings Limited has agreed to fully acquire Zeekr, its high-end electric vehicle brand, in a US$2.4 billion deal aimed at consolidating operations and sharpening...
Wednesday 16 July 2025
South Korean AV startup brings self-driving shuttles to Singapore with Grab
As autonomous vehicle (AV) companies worldwide race to accelerate commercialization, Singapore has established itself as a premier proving ground for self-driving technology. South...
Wednesday 16 July 2025
Copper shock: auto industry faces cost surge under new tariff
President Donald Trump's latest tariff announcement — a proposed 50% duty on copper imports to take effect in August — is sending shockwaves through the American auto...
Wednesday 16 July 2025
European automakers confront Trump 2.0 tariff reality
The Trump administration has unveiled the second wave of reciprocal tariffs, escalating trade tensions with the European Union. Under the latest announcement, tariffs on EU imports...