Vietnamese EV maker VinFast has committed to purchasing all contracted products from local supply chain partners as part of its strategy to deepen domestic integration and enhance global competitiveness, according to The Investor. The company will also support local suppliers in connecting with international firms to improve technology and build global supply chain experience.
Minor progresses are seen in India's semiconductor manufacturing landscape. China's tightened export control on rare earths begins to disrupt India's EV dream.
Phoenix Contact is challenging the electric vehicle charging industry's shift toward liquid-cooled systems with technology that sustains 500-ampere charging for 10 minutes without cooling.
BYD is accelerating its European expansion with plans to deploy megawatt-level (MW) ultra-fast charging stations—despite intensifying scrutiny at home and industry doubts abroad. The bold initiative marks a pivotal step in the Chinese EV giant's bid to deepen its foothold in a region where charging infrastructure remains a major obstacle to mass electric vehicle adoption.
Amid a sweeping global restructuring that includes the closure of seven plants and 20,000 job cuts, Nissan has notched a rare win. The automaker's new all-electric N7, launched exclusively in China, secured over 17,000 orders within a month of its April 27 debut—surpassing internal forecasts and offering a modest but meaningful boost to the struggling carmaker.
Taiwan's EV registrations plunged 14.2% through May as tariffs and taxes dampen consumer appetite, with industry executives warning the market faces critical hurdles before achieving mainstream adoption.
Leading transmission system manufacturer TsangYow is optimistic about growth momentum in 2025, benefitting from soaring used car prices in the US and gains from its expansion into the semiconductor sector.
Laster Tech, a Taiwanese maker of LED automotive lighting modules, reported consolidated revenue of NT$751 million (US$23 million) in May 2025, down 7.16% from April and 12.28% from the prior year. Despite the pullback, the figure still marked the second-highest May performance on record. For the first five months of 2025, cumulative revenue rose 5.67% year-over-year to NT$3.609 billion, setting a new high for the period.
Yen Sun Technology, a key player in automotive electronics and electronics systems, announced that deferred high-end network IT orders have begun ramping up shipments starting in the second quarter of 2025. The company is benefiting from surging demand for advanced cooling solutions amid the global acceleration of generative AI applications, which is bolstering long-term order visibility and revenue momentum.
The Dongfeng Nissan N7 electric sedan has sold over 17,000 units as of May 2025—just one month after launch—defying fierce competition from Chinese EV makers. The model's strong performance is providing a boost to auto supply chain partners, including Taiwan-based Hiroca Automotive Trim Corp., which had been facing headwinds due to the declining market share of Japanese car brands in China.
Kian Shen Corporation has in recent years become one of the most profitable subsidiaries of its parent, Yulong Motor Group. Beyond benefiting from support from across the corporate group, Kian Shen can attribute its success to the leadership of its president, Chiung-chih Tseng.
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