Minor progresses are seen in India's semiconductor manufacturing landscape. China's tightened export control on rare earths begins to disrupt India's EV dream.
Phoenix Contact is challenging the electric vehicle charging industry's shift toward liquid-cooled systems with technology that sustains 500-ampere charging for 10 minutes without cooling.
US President Donald Trump set up a tariff wall to protect and boost American manufacturing, particularly in key industries like electric EV power batteries and energy storage batteries. By focusing on these two critical sectors, Trump ensured that manufacturing would play a central role in shaping the future.
XPeng has unveiled the G7, its first all-new model of 2025—an AI-centric SUV that represents both a technological milestone and a strategic pillar in the company's product roadmap. Positioned as one of XPeng's most competitive offerings to date, the G7 is expected to sharpen the company's edge in China's rapidly intensifying electric vehicle market.
As China's electric vehicle (EV) giants push deeper into a bruising price war, promises of faster payments to suppliers are doing little to ease growing fears of a broader industry collapse.
The power batteries used in new energy vehicles (NEVs) are mainly dominated by ternary lithium batteries and lithium iron phosphate (LFP) batteries. China, which accounts for nearly 70% of the global NEV market, saw its LFP application reach 75% in the first quarter of 2025, up from 65% in 2024, demonstrating LFP's strengthening grip on the NEV market.
Amid a sweeping global restructuring that includes the closure of seven plants and 20,000 job cuts, Nissan has notched a rare win. The automaker's new all-electric N7, launched exclusively in China, secured over 17,000 orders within a month of its April 27 debut—surpassing internal forecasts and offering a modest but meaningful boost to the struggling carmaker.
Taiwan's EV registrations plunged 14.2% through May as tariffs and taxes dampen consumer appetite, with industry executives warning the market faces critical hurdles before achieving mainstream adoption.
India's EV industry faces the risk of large-scale production halts by the end of July unless China clears rare earth export approvals within the next two weeks, according to Puneet Gupta, director of India & ASEAN automotive market at S&P Global.
Leading transmission system manufacturer TsangYow is optimistic about growth momentum in 2025, benefitting from soaring used car prices in the US and gains from its expansion into the semiconductor sector.
Laster Tech, a Taiwanese maker of LED automotive lighting modules, reported consolidated revenue of NT$751 million (US$23 million) in May 2025, down 7.16% from April and 12.28% from the prior year. Despite the pullback, the figure still marked the second-highest May performance on record. For the first five months of 2025, cumulative revenue rose 5.67% year-over-year to NT$3.609 billion, setting a new high for the period.
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