The EU said this week that it is considering setting minimum import prices for Chinese-made electric vehicles (EVs), a move that would replace the steep anti-subsidy tariffs currently in place. The proposal is widely seen as a signal of easing trade tensions between Europe and China, aiming to protect European automakers while allowing Chinese manufacturers to preserve reasonable profit margins. China's Ministry of Commerce has welcomed the idea.
China's largest battery maker, CATL, said it had signed a strategic cooperation agreement with the electric vehicle (EV) manufacturer Nio, deepening ties between two of the country's most influential players in the EV ecosystem.
Indian OSAT players aim for price competitiveness on par with Malaysian rivals, as L&T Semiconductor is scheduled to announce products at CES.
If the years from 2021 to 2023 marked an era of idealism—when the global auto industry appeared to sprint in unison toward an all-electric future—2025 signals the beginning of a different phase. Electrification is no longer a singular creed. It has become a series of pragmatic choices, weighed against cost pressures, policy uncertainty, and rising geopolitical risk.
In recent years, Foxconn has steadily expanded its ambitions in electric vehicles, moving beyond its traditional role as a platform provider and contract manufacturer toward the consumer-facing end of the market. Through its subsidiary Foxtron—operating under the formal name Hon Hai Advanced Industry—the group has begun directly running an EV business in Taiwan. Earlier this month, Foxtron hosted an online launch event, unveiling three new EV models simultaneously.
