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Thursday 29 May 2025
Yulon cites tariff uncertainty, urges clarity on auto policy
Yulon Motor convened its shareholders meeting on May 27, 2025, where President Kuo-hsing Hsu and Vice President Chien-hui Lee, who also chairs the Taiwan Transportation Vehicle Manufacturers Association, addressed pressing challenges facing Taiwan's automotive sector. In a post-meeting interview, both executives stressed the urgency of resolving tariff and commodity tax issues amid a shifting policy landscape and cooling consumer sentiment.
Thursday 29 May 2025
Yulon to begin EV exports by 2026, outlines 2025 strategy
Yulon Motor held its annual shareholders' meeting on May 27, 2025, approving the company's 2024 financial results and unveiling ambitious plans to accelerate its electric vehicle (EV) export strategy. Chairperson Yen Chen Li-Lien announced that Yulon is working closely with strategic partners to secure contract manufacturing orders that will supply Mitsubishi Motors with EVs for export to Australia and New Zealand by 2026.
Wednesday 28 May 2025
Luxury EV market in China nonexistent, says Porsche
Xiaomi has previously leveraged the technical know-how of China's EV industry by packaging it into a sleek Porsche-like body at an affordable price with its SU7, and has followed the formula with its latest YU7, which evokes the luxury aesthetics of Ferrari and Aston Martin. Although pricing has yet to be determined, the announcement of the new model has generated significant excitement across China's internet.
Wednesday 28 May 2025
Xiaomi boosts EV gross margin and doubles down on AI with major R&D push
Xiaomi reported strong progress in its electric vehicle (EV) and artificial intelligence (AI) businesses during its first-quarter 2025 earnings call on May 27, with company executives highlighting notable improvements in operational efficiency and a renewed commitment to long-term innovation through increased investment.
Wednesday 28 May 2025
BYD slashes EV prices by 35%, sparking industry alarm over long-term stability
In recent weeks, Chinese automotive giant BYD has slashed prices on as many as 22 of its electric vehicle (EV) models, including both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Price reductions have reached as high as 35%, with discounts set to run through the end of June. However, this relentless "race to the bottom" has raised serious concerns about the long-term sustainability of the industry.
Wednesday 28 May 2025
Xiaomi profit surges 161% in 1Q25 on strong EV and IoT sales
Xiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue rose 47.4% to CNY111.29 billion, underscoring solid demand across its product lines and growing momentum in smart appliances and electric vehicles.
Wednesday 28 May 2025
Auto parts shift gears: Waffer and Getac hint at a 2025 rebound
The automotive supply chain, battered by a challenging year in 2024, is finally showing signs of recovery, with component manufacturers leading the way into a period of renewed growth. While the automotive market cooled last year, the slowdown was not due to weak sales but rather to automakers' deliberate inventory reductions—a trend expected to reverse in 2025.
Tuesday 27 May 2025
Yulon Motor eyes EV growth, lifestyle business momentum, and energy storage in 2025
At its shareholders' meeting on May 27, 2025, Yulon Motor Chairwoman Yen Chen-Li-Lien announced the company posted revenue of NT$25.9 billion (US$867 million) in 2024, maintaining stable operations despite a challenging industry environment. She reaffirmed Yulon's long-term focus on new energy vehicles (NEVs), energy storage, and lifestyle ventures to sustain future growth.
Tuesday 27 May 2025
Chinese EV giants dethrone Tesla: BYD reigns in Europe while Xiaomi targets Model Y's China crown
Recent reports from Chinese automakers highlight a growing shift in the global electric vehicle (EV) market, with industry giants BYD and Xiaomi emerging as formidable competitors to Tesla, particularly in Europe and China. As BYD's sales of pure electric vehicles (BEVs) surge, surpassing Tesla in Europe, Xiaomi is positioned as a potential disruptor, poised to dethrone Tesla's dominance in China's Model Y segment.
Tuesday 27 May 2025
Tesla's budget EV raises alarm among Korean, Japanese battery giants

As Tesla's long-rumored low-cost electric vehicle appears poised for launch, anxiety is rising across its global battery supply chain—particularly among Korean and Japanese partners. Industry observers warn that Tesla's increasing reliance on Chinese-made lithium iron phosphate (LFP) batteries could marginalize long-standing suppliers like LG Energy Solution (LGES), L&F, and Panasonic, potentially eroding their influence in the world's most consequential EV supply chain.

Monday 26 May 2025
Wolfspeed's collapse threatens SiC market: US$2B Renesas deal in jeopardy
Wolfspeed, the US-based chip component maker, is reportedly preparing to file for bankruptcy—sending shockwaves through the global semiconductor industry. The news has sparked significant concern among its key clients, particularly Japan's Renesas Electronics, which may face direct financial fallout from the potential collapse.
Monday 26 May 2025
IFA Berlin CEO: Asian companies flocking to Europe as US tariff fears mount
Asian technology companies are scrambling for exhibition space at Europe's largest consumer electronics show as Trump administration tariff policies drive them away from the US market, according to the chief executive of IFA Berlin.
Monday 26 May 2025
Foxtron’s global EV push gains speed—with a mystery US partner set to emerge by year-end
At its May 23 shareholders' meeting, Foxtron Chairman Young Liu reiterated the company's goal of achieving profitability by 2029. While still in the red, Liu highlighted the firm's increasingly comprehensive EV portfolio and expanding partner network as growth catalysts. He added that Foxtron will pursue new collaborations through a variety of strategic engagement models.
Monday 26 May 2025
BYD topples Tesla in Europe— signals changing of the guard in EV race
China's EV giant BYD has overtaken Tesla in monthly sales across Europe for the first time, marking a pivotal shift in the region's automotive landscape and highlighting the growing clout of Chinese automakers on the global stage.
Monday 26 May 2025
Taiwan's hydrogen vehicle plans hit regulatory wall
Global sales of hydrogen fuel cell vehicles (FCVs) declined for the second consecutive year in 2024, highlighting the ongoing challenges in developing the hydrogen mobility market. In Taiwan, stringent regulations and complex approval procedures have delayed the launch of hydrogen refueling stations by state-owned CPC Corp and private gas supplier Linde LienHwa, prompting industry stakeholders to call for regulatory relaxation to accelerate adoption.
Saturday 24 May 2025
From promise to pause: The uncertain path to Level 3 driving

For years, automakers across Europe, the US, Japan, and even China have heralded 2025 as the dawn of Level 3 (L3) autonomous vehicles—a long-anticipated turning point for the commercialization of self-driving technology. Yet, a familiar question resurfaces: Is the year of L3 still approaching?

Friday 23 May 2025
China's XPeng levels up: 1Q25 glow-up fuels AI mobility, global ascent
XPeng is bucking the slowdown in global electric vehicle (EV) demand by rebranding itself as an AI-driven smart mobility platform. The Chinese automaker is pivoting from traditional car manufacturing to focus on AI-powered vehicles, international growth, and humanoid robotics as part of its long-term transformation strategy.
Friday 23 May 2025
Foxtron charts five-year path to profit with global EV, CDMS rollout
Foxtron Inc., the electric vehicle (EV) joint venture between Foxconn and Yulon, held its annual general meeting on May 23, led by Chairman Young Liu. Liu emphasized that Foxtron's Contract Design and Manufacturing Service (CDMS) model aligns with the direction of the global auto industry. Buoyed by encouraging market feedback and new deals with Japanese automakers, the company is aiming to reach profitability within five years of its 2023 IPO—by 2029.
Friday 23 May 2025
ACME Electronics holds steady as Wolfspeed's bankruptcy clouds global SiC supply chain

The global silicon carbide (SiC) supply chain is facing renewed turbulence, driven by weakening EV demand, aggressive market entry by Chinese suppliers, and mounting concerns over a potential bankruptcy at Wolfspeed, the top US-based SiC manufacturer. Wen-Hao Wu, Director of Taiwan-based ACME Electronics, which produces manganese-zinc and nickel-zinc soft ferrite cores alongside SiC powders, commented that while Wolfspeed is a client, it is not a Tier 1 customer, and any exposure remains limited.

Friday 23 May 2025
Jabil and AVL deal to develop next-gen vehicle electronics

On May 21, Jabil, a global manufacturing solutions provider for the automotive industry, announced that it has signed a memorandum of understanding (MoU) with AVL Software and Functions GmbH, the e-drive and software arm of AVL List GmbH. The agreement marks the beginning of a strategic collaboration aimed at streamlining the development of next-generation vehicle electronics.

Friday 23 May 2025
China's rare earth export restrictions choke key supply chains in Europe and the US
The recent tariff negotiations between the US and China have led to short-term concessions in some areas, but unresolved issues continue to tighten the noose on global supply chains. Among these, China's expanded restrictions on rare earth exports are significantly impacting critical industries, leaving European and American supply chains scrambling.
Friday 23 May 2025
Tariffs may bring new opportunities for smart vehicle development, says TÜV Rheinland
Amid the growing trend toward connected, autonomous, shared, and electrification (CASE) in the automotive industry, vehicles are now much more than simply mechanical products but rather rely on contributions spanning the ICT, software, semiconductor, and optical sectors.
Wednesday 21 May 2025
UK's advanced technology cluster rises as EV empire expands
Julian Hetherington, director of Automotive Transformation at Advanced Propulsion Centre (APC), elaborated on the development of the UK's automotive and semiconductor sectors during an exclusive interview with DIGITIMES. Although the US lowered tariffs on UK cars to 10%, this preferential rate applies only to 100,000 vehicles. Could this cap become a "ceiling" for UK car exports to the US in 2025 or even in subsequent years?
Wednesday 21 May 2025
Tea, scones, or tariff? Unveiling how the UK reached a trade agreement with the US
US President Donald Trump's aggressive tariff policies have prompted countries worldwide to vie for priority negotiation opportunities. Among them, the UK was the first to secure a trade agreement with the US, covering sectors such as automobiles, steel, and aluminum. Julian Hetherington, director of Automotive Transformation at Advanced Propulsion Centre (APC) UK, recently visited Taiwan's industry sector and shared insights exclusively with DIGITIMES, revealing the secrets behind the UK-US consensus.
Wednesday 21 May 2025
TÜV Rheinland highlights compliance challenges in the age of intelligent vehicles

As smart vehicles shift from mechanical machines to software-defined platforms, the global auto industry is confronting structural challenges that stretch far beyond hardware. At the Smart Automotive Forum held on May 16 in Taipei, TÜV Rheinland, a leading global provider of technical testing and certification, presented a comprehensive white paper titled Driving the Future: Key Trends in Intelligent Vehicle Development (transliteration), which outlines the regulatory, technical, and validation transformations ahead.

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