Bosch Group plans to establish Bosch Mobility as a wholly owned, legally independent subsidiary in August 2027, separating the business that generated about 60% of group revenue. The move will complete the restructuring of Bosch's four major business areas and leave the parent company focused on strategic oversight and centralized research and development.
LG Energy Solution (LGES)'s Wroclaw plant in Poland, long viewed as a major drag on the business, is nearing profitability after posting an operating loss of nearly KRW600 billion (approximately US$430 million) in 2025. A surge in European EV demand and the early conversion of some production lines to energy storage system (ESS) applications have lifted utilization, putting the plant on track to return to profit in the fourth quarter of 2026.
U-Power, Taiwan's ultra-fast electric vehicle (EV) charging operator, has applied to list on the Taipei Exchange as the country's expanding EV population supports expectations for sustained charging demand. The company, which plans an emerging-stock listing in early November, reported higher first-half revenue but remained unprofitable as it continues investing in infrastructure.
Tesla unveiled its new Roadster, equipped with rocket-style thrusters, on October 15 and announced plans to begin production in 2028, more than a decade after the second-generation prototype was first showcased.
Texas Instruments reported strong revenue growth in its third-quarter earnings call due to strong demand across its industrial, automotive, and data center businesses. The company said it is facing a tight supply environment for its chips, but brought up its ramping of production and testing capacity, including through its new Malaysia back-end facility.
Level 3 (L3) autonomous driving penetration in China is forecast to exceed 35% by 2030, supported by falling sensor costs, advances in AI models, and tighter safety regulations. The forecast comes as the country expands autonomous driving trials and prepares for wider commercial deployment.
BOS Semiconductors is partnering with LG Electronics and HANA Micron to develop and commercialize chiplet-based automotive semiconductors in South Korea, connecting domestic AI chip design with packaging and vehicle testing. ChosunBiz and ZDNet Korea reported the collaboration on October 20.
Tesla's unveiling of a redesigned Roadster with rocket-style thrusters has intensified interest in flying cars, while an internal report calls on Hyundai Motor Group to reconsider its aircraft development direction and advanced air mobility (AAM) strategy.
Tesla's Robotaxi expansion is entering a new phase as the company increases unsupervised autonomous mileage, deploys its purpose-built Cybercab and works to expand fleet operations. The challenge now is translating those advances into a commercial transportation service capable of operating across more cities while managing vehicle production and operating costs.
Tesla recently unveiled its new Roadster, equipped with SpaceX cold-gas thruster technology, and demonstrated the vehicle hanging upside down, lifting off the ground, and performing aerial flips. The company also announced plans to begin mass production in 2028, drawing global attention to the concept of a "flying car."
Tesla's third quarter showed its vehicle business regaining some per-car profitability even as total sales stalled, while the company's push into AI, robotaxis, and humanoid robots consumed most of the improvement. Revenue was roughly flat year on year at US$28.05 billion for the quarter ended September 30, 2026, and operating income fell 56% to US$718 million, leaving an operating margin of 2.6% against 5.8% a year earlier.
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