BYD reported a sharp 33% decline in third-quarter profit, highlighting the growing toll of China's intensifying electric-vehicle price war and renewed investor caution over the company's sales outlook.
WeMo, Taiwan's leading shared electric scooter platform, is set to celebrate its 10th anniversary in 2026. Over the past year, the company has forged partnerships with major industry players—including Taiwan Mobile, LINE GO, iPASS MONEY, and iRent—building a "cross-vehicle, cross-platform, cross-scenario" smart mobility ecosystem. WeMo also told DIGITIMES that it is targeting a cumulative fleet of 50,000 vehicles by 2030.
Sharp Corp. announced on October 24 that it will enter Japan's electric vehicle (EV) market in fiscal 2027 (April 2027–March 2028), unveiling plans to launch its first self-branded EV built on a vehicle platform developed by its parent company, Foxconn. The company said the EV will be sold through unconventional channels, including home electronics retailers and housing manufacturers.
China's sweeping export controls on lithium battery technologies — enacted in July and October 2025 — have effectively erected a "technological iron curtain" around the global electric vehicle and energy storage industries. The new restrictions cover everything from advanced cathode materials and electrolytes to key manufacturing equipment, placing strict limits on what can leave the country.
Lithium iron phosphate (LFP) batteries—long praised for their affordability and safety—are gaining traction among Western automakers. As cost-conscious electric vehicles (EVs) enter the spotlight, global giants like Ford, General Motors, and Stellantis are increasingly building out product lines centered on LFP battery technology.
