Taiwanese battery innovator Xing Mobility has joined forces with German automotive design powerhouse IDEENION to bring a groundbreaking immersion-cooled, cell-to-pack (CTP) battery architecture to European automakers. The partnership, formalized with a Memorandum of Understanding (MoU) at Xing's Taiwan headquarters, promises to accelerate time-to-market for high-performance and commercial electric vehicles (EVs).
DIGITIMES' latest analysis predicts that the global electric vehicle (EV) market will enter a phase of slower growth in 2026, with an annual growth rate of roughly 15.2%—down from the double-digit surges exceeding 20% seen through 2025. After a period of rapid expansion, the industry is showing signs of saturation, prompting automakers to shift their strategic focus toward advanced autonomous-driving technologies to maintain competitiveness.
Luxgen, the homegrown automotive brand under Taiwan's Yulon Motor, holds a unique place in the island's industrial history. Recent reports that Foxtron—a subsidiary of Foxconn—may acquire Luxgen have stirred significant discussion in Taiwan's automotive circles.
Top executives from Samsung Electronics and LG Electronics held separate high-level meetings in Seoul with Mercedes-Benz CEO Ola Källenius, who visited South Korea recently to explore deeper collaboration in next-generation automotive technologies.
Facing the European Union's looming anti-subsidy tariffs on Chinese-made battery electric vehicles (BEVs), BYD is executing a three-pronged strategy—combining geopolitical positioning, product diversification, and global production realignment—to blunt the impact and maintain its rapid global expansion. The approach is already beginning to yield results, narrowing the gap with industry leader Volkswagen and signaling a new phase of competitive pressure for Europe's homegrown automakers.
Taiwanese media have recently reported that Foxconn's electric vehicle subsidiary, Foxtron, may acquire Luxgen, the homegrown automotive brand under Yulon Motor, in what would mark a significant step for the tech giant's push into full-vehicle brand operations. According to circulating reports, the two companies reached a preliminary understanding in early November 2025 and are negotiating details, with a potential official announcement expected during Foxconn Technology Day (HHTD25) on November 21.
Foxtron Vehicle Technologies, the electric-vehicle joint venture backed by Foxconn Technology Group, is reportedly preparing to acquire Luxgen, the homegrown auto brand under Taiwan's Yulon Motor Group, as part of Foxconn's broader push to strengthen its EV portfolio.
As artificial intelligence (AI) servers drive a revolution in power infrastructure, one critical component is quietly becoming indispensable: the back battery unit, or BBU. Increasingly, these BBUs are being equipped with Electric Double Layer Capacitor (EDLC), a shift that's already reshaping the industry.
Taiwan's leading shared mobility provider, iRent, announced a major partnership with WeMo, bringing WeMo's fleet of 10,000 shared electric scooters onto the iRent app starting today.
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.
