China's auto industry is increasingly relying on exports to sustain growth as domestic demand remains weak, industry sources said, ahead of a possible visit by Chinese President Xi Jinping to the US for a summit with US President Donald Trump. Online reports that Beijing may include BYD in a business delegation have fueled speculation the EV maker could use the trip to ease trade frictions and protect overseas momentum.
Foxtron Vehicle Technologies said its overseas expansion is taking shape as exports to New Zealand and Australia enter their final countdown, with a planned Poland factory with ElectroMobility Poland also drawing attention. On September 22, Foxtron Chairman Andy Lee said Europe's strict emissions rules and strong environmental awareness make it a key electric vehicle (EV) market, while localization and shared platforms are central to the company's strategy.
The global automotive display market is entering a new phase of growth, with demand shifting away from central consoles and instrument clusters toward niche applications such as head-up displays (HUDs) and front-passenger entertainment panels. DIGITIMES Intelligence analyst Jason Yang said the global automotive display shipment compound annual growth rate (CAGR) is expected to reach only about 2.4% from 2026 to 2031, but HUDs and entertainment panels will grow 14.4% and 17.9%, respectively.
Hotai Motor said it will invest in lifestyle and entertainment booking platform FunNow to deepen its mobility-as-a-service (MaaS) ecosystem. The company plans to inject US$10 million (about NT$318 million) for an approximately 10% stake, while also launching a deep strategic partnership between its ChicTrip travel platform and FunNow.
Master Transportation Bus Manufacturing (Master Bus) is deepening its electric-bus strategy around proprietary motors and chassis.
Taiwanese tire maker Cheng Shin Rubber, best known for its Maxxis brand, is nearing its 60th anniversary and using AI and digital twins to compete in a faster-moving automotive market.
Taiwan's largest steelmaker China Steel (CSC) is actively expanding its high-recycled-content steel products, as the global automotive industry accelerates its transition toward net-zero emissions and electrification, boosting demand for low-carbon materials worldwide. The move allows the company to move beyond general industrial applications into automotive sheet metal, electric vehicle (EV) motors, high-strength fasteners, and vehicle body structures.
Li Auto's move to open its in-house technologies to outside customers marks a broader shift in the electric vehicle maker's strategy, turning years of internal research into a possible new revenue stream. The company is now seeking external buyers for its Mach intelligent-driving chip, silicon carbide (SiC) power modules, and range-extender system, according to Chinese media reports.
