Nissan Motor Co. has initiated discussions with Foxconn over a possible collaboration to convert its Oppama plant in Yokosuka, Kanagawa Prefecture, into a manufacturing site for EVs. If finalized, Foxconn plans to inject fresh capital into Oppama and leverage the facility's sprawling supply network and experienced workforce to strengthen its EV supply chain in Japan.
Taiwanese electric vehicle maker Aeon Motor has officially begun mass production at its new Vietnam facility as of April, with the first batch of US-bound products shipped in May. The company sees the move as a critical milestone in its broader global expansion and a strategic hedge amid shifting trade policies and intensifying supply chain decoupling.
China Motor Corporation (CMC) unveiled a new special edition of its popular J Space model on July 2, 2025. Buoyed by strong sales momentum, the company also raised its full-year sales target for the vehicle from 17,000 to 19,000 units.
Tesla CEO Elon Musk has confirmed that the company's first LFP battery plant in the US—located in Sparks, Nevada—is nearing completion and will soon begin production. The facility will have an initial annual capacity of 10GWh, primarily serving Tesla's energy storage product Megapack and select vehicle models.
The global automotive industry is rapidly pivoting toward software-defined vehicles (SDVs), fueling a parallel surge in demand for large in-car displays. Market research firm Omdia forecasts that displays larger than 10 inches will account for a staggering 81% of automotive display sales by 2027, nearly doubling their market share from 2021.
Rare earth elements—critical to electric vehicles, defense systems, and advanced electronics—are once again at the center of geopolitical tensions. China, which controls more than 90 percent of the world's rare earth refining and processing capacity, continues to wield outsized influence over global supply.
On June 22, Tesla officially launched its first robotaxi service in Austin, Texas, inviting select passengers to participate in trial rides, marking what CEO Elon Musk called the company's entry into the commercial era of fully autonomous driving. The announcement quickly drew global media attention and was widely interpreted as a direct challenge to Waymo, the long-time leader in the US robotaxi market.
