Speaking at Hon Hai Tech Day (HHTD 26), Kazunori Tanaka, Representative Director and President of Mitsubishi Electric Mobility, emphasized that the company's core competitiveness in EV platforms has decisively pivoted toward software—spanning electric powertrains, autonomous driving, and in-cabin intelligence. Tanaka announced that Mitsubishi Electric Mobility will officially join the Foxconn family in October 2027, leveraging complementary strengths to target JPY1 trillion (approx. US$6.4 billion) in annual revenue by 2030.
Foxconn Technology Group Chief Strategy Officer Jun Seki unveiled three new electric vehicles (EVs) at Hon Hai Tech Day 2026 (HHTD 26): the Model A+, an SUV derived from the Model A platform; the Model K, a light-duty truck built on a new compact platform; and the Model K+, a small SUV based on the Model K.
BYD reported rising profits for the third quarter of 2026, but its performance fell short of analysts' forecasts. The result stems from the challenges China's automakers face, navigating price wars at home while pushing to expand to higher-margin overseas markets.
BYD's premium Yangwang brand has named its ultra-luxury flagship sedan "Altior," with the model expected to sell for more than CNY2 million (US$300,027.8). Developed over approximately three years, the sedan is set to debut in the United Arab Emirates as Yangwang seeks to compete with Mercedes-Maybach, Rolls-Royce, and Bentley.
Qisda President Cally Ko said future infrastructure supporting autonomous physical AI would evolve beyond simply providing connectivity and power to also deliver sensing, computing, and autonomous dispatching capabilities. She also disclosed that the company's commercial drones had already secured orders and entered production, while its quadruped robots were expected to be unveiled publicly in early 2027.
China's luxury car market is undergoing a major brand reshuffle. BMW, Mercedes-Benz, Audi, and Porsche all recorded significant sales or delivery declines in China in the third quarter of 2026, while domestic automakers continued moving upmarket with new energy vehicles (NEVs), smart cockpits, and driver-assistance technology.
Foxconn Technology Day (HHTD) is set to take place at the Taipei Nangang Exhibition Center on October 30, with "Accelerating Intelligence" as its theme for 2026. While AI infrastructure and smart manufacturing will feature prominently, battery electric vehicles (BEVs) remain a major focus of industry attention.
Toyota Motor Corporation is accelerating the commercialization of robots, creating potential opportunities for Ikka Holdings (IKKA-KY) to leverage its existing Japanese automotive supply-chain relationships and compete for robot component orders. IKKA, a long-standing supplier of Toyota-related automotive products, also plans to strengthen its metal-gear and robotic-arm assembly capabilities through an investment in Yijin Precision, extending its customer relationships into new applications.
Tesla's automotive business weakened in the third quarter of 2026 as lower average vehicle prices and battery shortages pressured revenue and profit, while the company accelerated investment in artificial intelligence and its autonomous vehicle strategy. Total revenue was flat, automotive revenue fell 3% year-over-year to US$20.56 billion, and net income declined 4% to US$1.7 billion.
Imported electric vehicles captured more than half of South Korea's new electric passenger-car registrations during the first nine months of 2026, marking the first time the share of domestically made models fell below that threshold. About 258,000 new electric passenger cars were registered from January through September, with imported vehicles accounting for 51.3%, or approximately 132,000 units, according to data from the Korea Automobile Manufacturers Association cited by Money Today and Seoul Economic Daily.
German automakers maintained overall sales in the US during the third quarter, but that momentum came mainly from gasoline-powered vehicles. In the battery electric vehicle (BEV) market, BMW, Mercedes-Benz, Volkswagen, Porsche and Audi face three challenges: falling sales, a shrinking BEV market and diverging brand performance.
South Korean automotive supplier SL is considering deploying its mobile dual-arm robot at a US factory in 2027 or 2028, potentially marking the system's first overseas deployment, a company representative said in an interview with DIGITIMES at FIX 2026 in Daegu on October 24.
Chinese automakers achieved record sales in Europe in September, doubling their monthly volume to 194,800 vehicles and capturing an unprecedented 14.6% market share. Beyond their expanding model portfolios, the surge appears to reflect accelerated shipments ahead of potential European Union restrictions on Chinese hybrid vehicle imports, expected to take effect in 2027.
Bosch Group plans to establish Bosch Mobility as a wholly owned, legally independent subsidiary in August 2027, separating the business that generated about 60% of group revenue. The move will complete the restructuring of Bosch's four major business areas and leave the parent company focused on strategic oversight and centralized research and development.
Tesla unveiled its new Roadster, equipped with rocket-style thrusters, on October 15 and announced plans to begin production in 2028, more than a decade after the second-generation prototype was first showcased.
Tesla's unveiling of a redesigned Roadster with rocket-style thrusters has intensified interest in flying cars, while an internal report calls on Hyundai Motor Group to reconsider its aircraft development direction and advanced air mobility (AAM) strategy.
Tesla's Robotaxi expansion is entering a new phase as the company increases unsupervised autonomous mileage, deploys its purpose-built Cybercab and works to expand fleet operations. The challenge now is translating those advances into a commercial transportation service capable of operating across more cities while managing vehicle production and operating costs.
Technology appears capable of almost anything. Tesla's next-generation Roadster electric sports car has brought capabilities once confined to science fiction films into the realm of real-world electric vehicles.
Tesla has unveiled its Roadster 2 rocket-powered sports car, but the significance extends beyond the performance specifications of a single vehicle. The unveiling highlights how CEO Elon Musk is building an interconnected ecosystem across his businesses, enabling technologies to be combined, shared, and reinforced across different industries.
Hybrid vehicles now account for more than 60% of Taiwan's auto market, shifting the focus of competition from whether a vehicle offers hybrid technology to which hybrid system it uses.
Chinese battery giant CATL is giving its battery-service business a distinctive boost through a three-party battery-swapping agreement linking Huawei-affiliated Yinwang Intelligent Technology, CATL, and CATL's battery-swapping subsidiary, Contemporary Amperex Energy Service Technology (CAES).
Global passenger vehicle registrations totaled approximately 46.77 million in the first eight months of 2026, down 6% year-over-year. The market is expected to contract 3.4% for the full year, as China's domestic market plunges, Europe remains the only growth market among China, Europe, and the US, and the war involving Iran drives up oil prices and freight costs, creating both risks and opportunities for Taiwan's automotive suppliers.
The 91st Paris Motor Show opened on October 12, drawing dense crowds to Chinese automaker booths, with brands like BYD and Xpeng taking center stage for media and industry observers alike.
China’s Luxeed EV brand, jointly developed by Chery Auto and Huawei, has obtained independent vehicle manufacturing qualifications and plans to pursue a standalone listing. Production capacity will be transferred from Chery, with no additional capacity planned, according to Chinese media outlet Yicai.
