Chinese automakers have pushed aggressively into overseas markets in recent years, leveraging competitive pricing and tech-forward features to win the attention of dealers and retailers worldwide. Mexico has emerged as a key beachhead for this outward expansion. Yet new market research suggests that local dealers' experiences with Chinese brands have been sharply divided.
Japan's auto parts supplier Denso on March 31 unveiled a mid-term business plan through March 2031, targeting revenue of JPY8 trillion (approx. US$54 billion) and a return on equity (ROE) of 11%. The strategy underscores a shift toward semiconductors as a core growth driver, alongside vehicle electrification and intelligent systems, signaling ambitions beyond its traditional role as an automotive supplier.
Benefiting from the AI infrastructure boom, Taiwan-based soft magnetic ferrite core and silicon carbide (SiC) powder supplier Acme Electronics Corporation (ACME) expects growth in its soft magnetic core business in 2026, as AI servers drive demand for high-performance passive components and SiC-based power devices.
MG, the European arm of China's SAIC Motor Group, confirmed that its upcoming MG4 Urban will feature semi-solid battery technology to address the range loss issues of lithium iron phosphate (LFP) batteries in cold climates. LFP batteries are known to lose significant performance in high-latitude, low-temperature environments, drastically reducing driving range. By adopting semi-solid batteries, MG aims to limit range loss even in extreme conditions from -20°C to -40°C, offering European drivers more consistent EV performance.
In a breakthrough that could redefine electric vehicle (EV) battery technology, a research team led by Professor Yu-Sheng Su at the International College of Semiconductor Technology, National Yang Ming Chiao Tung University (NYCU), has developed a lithium-titanate (LTO) battery design that increases capacity by 167% while offering greater safety than conventional automotive lithium-ion batteries.
Sony Honda Mobility has scrapped plans to launch its Afeela 1 electric vehicle in the US in 2026, halting both development and commercialization of the model. The decision also cancels a planned rollout in Japan scheduled for after 2027, as well as work on a second Afeela model that had been slated for unveiling at the 2026 Consumer Electronics Show.
Geely, the world's eighth-largest carmaker, is restructuring its European research and development operations to narrow the lag between domestic launches in China and international rollouts to less than six months. Supply chain executives say the move is not merely about shortening product cycles; it will determine whether Geely's brands can fully capitalize on their technological edge before it fades in overseas markets.
EVE Energy reached a record CNY61.47 billion (approx. US$8.8 billion) in revenue for 2025, driven by strong growth in its energy storage segment, yet profit growth remained minimal, according to Sina Finance, highlighting mounting pressure in the competitive battery market. Net profit attributable to shareholders rose just 1.4%, essentially flat, even as shipments and market share climbed.
Taiwan's automotive industry is undergoing a profound transformation, shifting away from traditional mechanical assembly toward what analysts describe as a semiconductor- and ICT-driven "digital core" of smart mobility. The scale of that structural change is now visible in the data.
BYD on March 27 released its audited 2025 results, according to disclosures compiled by Sina Finance, showing steady revenue growth but a notable decline in profitability amid intensifying competition.
Thermoplastic composites have emerged as key materials in manufacturing worldwide, as production trends toward lightweighting and automation. With competition in the field now intensifying, both the US and China are accelerating the development of relevant supply chains, with the aim of rapidly boosting market penetration through government policies and expanding application scenarios.
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