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Saturday 23 August 2025
Mitsubishi Fuso and Foxconn sign MOU to develop zero-emission buses for global markets

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), a leading name in Japan's commercial vehicle industry, and Hon Hai Technology Group (Foxconn), the world's largest electronics manufacturer, have signed a memorandum of understanding (MOU) to explore a strategic collaboration in the field of zero-emission buses. The partnership aims to accelerate the deployment of clean mobility solutions in Japan and global markets.

Saturday 23 August 2025
Yulon pivots to batteries as Taiwan auto market stalls
Taiwanese automaker Yulon Motor Co. held an online investor briefing on August 20, 2025, where General Manager Kuo-Hsing Hsu addressed the impact of tariff uncertainty on the domestic auto industry. Despite mounting pressure, Hsu said Yulon swiftly activated contingency plans and moved to mitigate potential losses early on. The company is now aggressively pursuing new contract manufacturing opportunities, adopting a "lead-and-support" model that integrates local suppliers into multi-model, mixed-line production to enhance the competitiveness of Taiwan-made vehicles.
Saturday 23 August 2025
China Motor holds steady on 2025 sales target despite tax uncertainty
Despite ongoing uncertainty surrounding Taiwan's import tariffs and excise tax policies, China Motor Corporation (CMC), a subsidiary of the Yulon Group, maintains its full-year sales target of 49,000 vehicles for 2025, including contract manufacturing. Speaking at an online investor conference on August 20, CMC Vice President and Spokesperson Chien Ching-Wu said the company will not revise its capacity plans or its scheduled plant shutdowns.
Friday 22 August 2025
Geely challenges BYD for the crown in China’s auto market

China's fiercely competitive auto market is entering a new phase of high-stakes rivalry, with two private-sector titans — Geely Automobile and BYD — locked in an increasingly intense battle for dominance.

Friday 22 August 2025
Hyundai's new hydrogen car gains traction, but global market stalls

Hyundai Motor has launched its second-generation hydrogen fuel cell electric vehicle (FCEV), the All-New NEXO, to a warm reception at home. Early sales suggest a spike in consumer interest, but industry analysts warn that without broader industry participation and major infrastructure improvements, the global FCEV market remains deeply constrained.

Friday 22 August 2025
Energy + Intelligence: Energy challenges and industry opportunities in the AI era
History shows that past productivity improvements have always been accompanied by high-density energy conversion and industrial efficiency enhancements: from hydropower, steam, electrification, automobiles and oil, to IT and the internet, and now AI.
Friday 22 August 2025
China's New EV startups race ahead in First 1H25: sales comparison reveals market shakeup
In a fierce price war roiling China's electric vehicle (EV) industry, three of the country's emerging automakers—Leapmotor, Xiaomi, and Xpeng—have bucked the trend, posting strong first-half 2025 results marked by simultaneous growth in both sales and profit margins. Rather than chasing market share through deep discounts, these companies achieved the rare feat of boosting average gross profit per vehicle quarter after quarter.
Friday 22 August 2025
TSMC's AI5 chip paves the way for Samsung's AI6 as Tesla shifts FSD training to world models
Unlike the training-centric approach during the Dojo era, Tesla CEO Elon Musk's new strategy revolves around two chips, AI5 and AI6, building a distributed computing platform that integrates both inference and training, placing AI inference clusters at the center of FSD development. In the long run, success hinges on whether the AI5 chip, produced using TSMC's 3nm process slated for mass production in 2026, can enable Robotaxi performance beyond expectations. This would elevate overall industry standards for intelligent driving and create a demonstration effect, paving the way for Samsung Electronics' AI6 chip manufacturing contract in 2028.
Friday 22 August 2025
China's EV investment abroad hits record high
In a historic turning point, Chinese investment in overseas electric vehicle (EV) supply chains has, for the first time, surpassed domestic spending, according to a new report by the Rhodium Group. The report attributes the surge primarily to the lithium battery sector, signaling a broader shift as Chinese companies expand abroad in response to client demand, domestic market saturation, and mounting geopolitical risks.
Friday 22 August 2025
Tesla’s Dojo dream short-circuits, pragmatism takes the wheel

Tesla's once-hyped Dojo supercomputer project—touted as a bold leap into custom-built AI infrastructure—appears to have reached a dead end. CEO Elon Musk confirmed via social media that the Dojo team has been disbanded, calling Dojo 2 a "dead end." However, he added that a potential "Dojo 3" could still emerge, possibly in the form of a single mainboard integrating a large number of AI6 system-on-chips.

Thursday 21 August 2025
Yulon Finance stabilizes core business momentum with 75.3% annual revenue growth in Southeast Asia for 1H25
Yulon Finance, a car finance firm of the Yulon Group, held its online earnings call for the second quarter of 2025 on August 20. The company summarized its second-quarter 2025 operating results around three main pillars: risk control optimization, performance stabilization, and new business expansion. Through proactive strategic adjustments, these core areas have not only generated stable revenue but also laid a solid foundation for future growth.
Thursday 21 August 2025
EV sales plunge in Taiwan; Yulon eyes overseas growth

Facing a challenging economic environment, Taiwan's new car market saw softened demand in the first half of 2025, particularly among electric vehicles (EVs). In response, Local brand Yulon Motor reaffirmed its commitment to deepening its collaboration with Foxtron Vehicle Technologies, targeting both domestic demand and international markets. At the center of its strategy is the expansion of its Luxgen N7 EV offering.

Thursday 21 August 2025
Volkswagen deepens China bet with Xpeng in global E/E Race
European and Japanese automakers are increasingly turning to Chinese carmakers to navigate the accelerating transformation of vehicle electronics and electrification in the world's largest auto market. With software-defined vehicles gaining momentum, electronics and electrification architectures are no longer exclusive to battery electric vehicles, but now extend to plug-in hybrids and even internal combustion engine cars. China, once a follower in the global auto industry, is now reshaping its rules.
Thursday 21 August 2025
Analysis: Can Chinese EVs win over Taiwan? Safety, data, and supply chain remain key questions

Reports that Chinese automaker BYD may enter the Taiwanese market through indirect channels have sparked widespread debate, reflecting growing interest—alongside skepticism—toward Chinese electric vehicles (EVs). While some Taiwanese consumers are intrigued by the value proposition, many industry experts remain wary of potential safety and privacy risks.

Thursday 21 August 2025
European luxury car brands reeling as China tightens tax policy
As global automakers battle for dominance in an increasingly competitive Chinese market, European luxury brands are facing unprecedented headwinds. Beyond losing market share to fast-rising Chinese manufacturers, a newly implemented luxury tax policy by Beijing is compounding their struggles—threatening what many had viewed as their final stronghold in the world's largest auto market.
Thursday 21 August 2025
China and South Korea clash over the future of EV batteries
As the global electric vehicle market begins to cool and Chinese battery giants continue their rapid expansion, South Korea is placing its hopes on next-generation solid-state batteries to regain momentum. Yet with China's formidable research and development resources — and a parallel strategy advancing semi-solid-state technologies — Korean manufacturers are facing mounting pressure in a high-stakes technological race.
Wednesday 20 August 2025
US expands section 232 tariffs to 407 derivative steel, aluminum products
The US Department of Commerce on August 20, 2025, announced the inclusion of 407 additional product categories under Section 232 tariffs, marking the latest effort to bolster domestic steel and aluminum industries. The move subjects the steel and aluminum content of these products to a 50% duty rate.
Wednesday 20 August 2025
Taiwan's manufacturing 'Big Six' are quietly building factories of the future

As industrial automation and robotics evolve at breakneck speed, major global automakers and Tier 1 suppliers are swiftly transforming their production lines into testing grounds for cutting-edge AI and humanoid robots.

Wednesday 20 August 2025
Xiaomi eyes 2027 European expansion following robust EV profitability
Xiaomi's electric vehicle business delivered strong performance in the second quarter of 2025, reflecting the company's strategic focus on premiumization and operational efficiency.
Wednesday 20 August 2025
VinFast restructures with transfer of Novatech shares worth US$1.6 billion to founder
On August 14, 2025, VinFast Auto announced a restructuring plan that will spin off certain research and development assets into a newly formed entity and subsequently transfer ownership to founder and CEO Pham Nhat Vuong. The move underscores the founder's role in supporting the company's long-term growth strategy as VinFast continues to refine its capital and operational structure.
Wednesday 20 August 2025
Xiaomi shifts gears as EV and AI drive growth despite smartphone slowdown
Xiaomi delivered a strong performance in the second quarter of 2025, underscoring its rapid transformation into a more diversified technology company. Growth in its EV, AI, and new initiatives businesses helped the company offset continued weakness in its core smartphone segment. The results highlight Xiaomi's shift away from reliance on handsets, with emerging businesses beginning to play a more central role in driving profitability and investor confidence.
Tuesday 19 August 2025
Commentary: Tariff delays, price anxiety, and the EV stall in Taiwan

Despite lively public debate over vehicle pricing, Taiwan's electric vehicle (EV) market has entered a period of stagnation, as long-awaited tariff agreements with the United States remain unresolved and consumer demand continues to lag. With the lunar ghost month and a traditional seasonal slowdown approaching, automakers and dealers are rushing to stimulate demand through aggressive promotions and equipment upgrades.

Tuesday 19 August 2025
Dongfeng to sell Honda engine JV stake as China accelerates EV shift

Dongfeng Motor Corporation, one of China's largest state-owned automakers, is divesting its 50% stake in Dongfeng Honda Engine Co., a joint venture with Japan's Honda Motor Co., in a move that signals a decisive pivot away from internal combustion engines and toward electric mobility.

Tuesday 19 August 2025
China EV sector invests more abroad than at home for first time
Chinese companies involved in the electric vehicle industry invested more overseas than domestically for the first time in 2024, although foreign projects face higher costs, delays and risks.
Monday 18 August 2025
Foxconn chair urges policy support amid the rising trade barriers
The impact of reciprocal tariffs on Taiwanese industries continues to mount, with concerns spreading across key sectors. Young Liu, Chairman of Hon Hai Precision Industry Co. (Foxconn) and head of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), said during a board meeting on August 18, 2025, that roughly 25% of the association's members are experiencing significant disruption.