Tesla and BYD are both facing increasing sales pressure, with the two electric vehicle (EV) giants showing signs of fatigue in their key markets. Tesla's decline across Europe continues without signs of slowing, while BYD faces rising competition at home, recording its third straight monthly decline in November and putting its full-year goal at risk.
Hotai Motor, the Taiwanese distributor of Toyota, Lexus, and Hino vehicles, expressed confidence in achieving its 2025 sales target of 165,000 units during a November 26 earnings briefing, maintaining a positive outlook for fourth-quarter demand. A company spokesperson, Chih-wei Lai, highlighted continued optimism for electrified vehicles, noting that Toyota and Lexus EV and hybrid models already account for roughly half of total sales.
In recent years, a growing number of Taiwanese auto–parts suppliers have accelerated their push into the robotics and server supply chains. Most remain in the sampling or small-batch shipment stage, but industry analysts say their products are often highly interchangeable. As a result, turning this cross-sector move into a meaningful revenue surge remains challenging.
One of the most talked-about topics in Taiwan's auto market in recent weeks is the widely circulated report that Foxtron Vehicle Technologies—the joint venture between Foxconn and Yulon Motor—is preparing to acquire Luxgen, Yulon's own passenger-car brand. The industry remains divided on the implications, but many observers see the move as one that could ultimately benefit both sides.
CMC, a Yulon Group subsidiary, detailed its 2026 product and market roadmaps during an online investor briefing on November 20, outlining new model launches and deeper strategic partnerships. Executive vice president Ching-wu Chien confirmed that Mitsubishi's next-generation XForce SUV will make its official Taiwan debut at the 2026 Taipei Auto Show, which runs from December 31, 2025, to January 4, 2026.
At Hon Hai Tech Day (HHTD25), Ankit Khaitan, Head of International Business for Uber AI Solutions, said that last month's announcement of a three-way partnership among Nvidia, Foxconn, and Stellantis marks the beginning of a new chapter in global autonomous-driving development.
