Foxtron is shifting its overseas plans toward Europe as global electric vehicle competition heats up and trade barriers rise. Chairman Andy Lee said the company will use local partnerships and its BOL model to build a stronger regional base while aiming to reduce risk, deepen supply chains, and expand long-term market reach.
Surging prices for automotive memory and lithium carbonate, a key upstream material for lithium batteries, have become a challenge regarding Chinese automakers' profit margins this year. Industry sources say that after BYD took the lead in raising prices in May, fifteen other automakers followed suit. However, the move was met with Tesla's effective price cuts and brands maintaining their pricing, attracting consumers away from competitors and forcing many automakers that had raised prices to quickly reverse course through various forms of disguised discounts to calm market concerns.
Coplus took a cautiously optimistic view of the second half of 2026 during an investors conference on June 24. The Taiwan-based auto parts supplier said it has lined up countermeasures after its first-quarter 2026 operations were hit by US tariffs and geopolitical tensions, and is moving from traditional automotive lighting into AIoT.
ProLogium, a Taiwanese battery maker specializing in next generation lithium ceramic cells, has signed a memorandum of understanding with Elysian Aircraft, a Dutch aerospace startup developing large battery-electric aircraft.
Taiwan's agreement with the US to cap tariffs on auto parts at 15% is prompting suppliers to rethink production and shipping plans, with implications that extend beyond the island's factories. The move could reshape pricing for global buyers, shift sourcing away from China, and improve Taiwan's role in the North American aftermarket.
In response to global non-red supply chain realignment and the need to develop key autonomous technologies for unmanned vehicles, Taiwan's Industrial Technology Research Institute (ITRI) recently joined with multiple major drone makers to form the Taiwan Unmanned Vehicle System Development Consortium (TUVSC). The consortium will focus on four core goals aimed at strengthening Taiwan's autonomous R&D capacity in unmanned vehicles and helping the industry connect with international markets.
Acbel Polytech showcased onboard power conversion products and a co-developed charging station solution with ChargePoint at Power2Drive Europe in Munich on June 23, signaling a stepped-up push into Europe's electric vehicle power and charging infrastructure market. The company said the move targets growing European demand for energy-efficient EV systems, smart charging, and charging network expansion.
Power-Win Technology Co. Chairman Lin Pei-yi said following the company's June 23 shareholders meeting that its core battery recycling and processing business has benefited from process improvements, equipment-efficiency upgrades, and enhanced production management, driving growth in both processing volumes and revenue.
Foxtron Vehicle Technologies held its investor conference call on June 23, stating operations in the first half of 2026 followed a pattern of a slow start but strong finish.
CATL has launched CATL TENER Sodium, a utility-scale sodium-ion energy storage system aimed at moving the technology from pilot projects into commercial grid infrastructure.
The EU has imposed higher tariffs on Chinese battery electric vehicles (BEV) for more than a year, but the impacts have been limited. According to foreign media reports, the EU is now turning its attention to Chinese plug-in hybrid vehicles (PHEV), and could impose additional import duties in the interest of ensuring industrial competitiveness and strategic autonomy in Europe.
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