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Apr 21
Exclusive: US battery push faces EV headwinds, but energy storage boom offers relief
Despite a slowdown in demand for electric vehicles (EV) that has complicated efforts to localize lithium battery production in the US — and even cast doubt on the viability of some joint ventures between automakers and battery makers — another opportunity is rapidly coming into view.
Apple has officially confirmed long-rumored news that Tim Cook will step down as CEO in September 2026, handing over leadership of the US$4 trillion tech giant to senior vice president of hardware engineering John Ternus. Unlike Cook, known for his supply chain mastery, Ternus is well-known as a pure "product person" and engineer.

China's dominant battery manufacturer, CATL, is accelerating its push to reshape the global electric vehicle (EV) landscape with a sweeping technology rollout that spans ultra-fast charging, high-energy-density systems, sodium-ion chemistry, and a unified charging-and-swapping infrastructure.

China has moved faster than any other country in rolling out smart, connected vehicles. But as its automakers push aggressively into overseas markets, they are running up against an increasingly stringent web of global cybersecurity regulations.

As advances in artificial intelligence (AI) accelerate, the global auto industry is transforming any in its history. Jheng-Jian Wang, chairman of Taiwan's Automotive Research & Testing Center (ARTC), said the car of the future will no longer be merely a means of transportation, but a "mobile living space" capable of reasoning and decision-making. At the center of this shift, he said, are two technologies: the smart cockpit and end-to-end AI driving systems.

On April 20, BYD formally applied to join the European Automobile Manufacturers' Association (ACEA) and has begun discussions with the group, according to foreign media reports. If approved, it would become the first Chinese automaker admitted to the association — a milestone that could amplify its voice in Europe's policy and regulatory debates.
A green energy startup from Taiwan is heading to Silicon Valley with an unconventional argument: the most valuable layer in the energy transition may not be more solar panels, but the AI dispatch layer that sits between generation and consumption.

While much of the world's attention remains fixed on robotaxis navigating open roads, David Shen, chief executive of Turing Drive, argues that the true commercial breakthrough for autonomous driving may lie elsewhere, in what he calls "specialized environments," such as factories, ports, and rural regions.

Transportation is moving beyond the era of the automobile toward a more fragmented ecosystem of mobility devices, a shift that represents not only a technological upgrade but also a broader transformation in urban life.

Samsung SDI has signed a multi-year agreement to supply electric vehicle (EV) batteries to Mercedes-Benz, marking its first confirmed entry into the German luxury carmaker's EV lineup and concluding months of advanced negotiations over one of the industry's most closely watched battery deals.

The commercial vehicle sector is at an inflection point. As software-defined vehicles (SDVs) and autonomous driving reshape the global automotive industry, China Motor Corporation (CMC) Vice President Hung-ching Yang used a keynote address on April 16 to lay out a four-stage evolution of the sector. His message was clear: AI enablement, energy transition, and cybersecurity will define who leads the next generation of mobility.
US Commerce Secretary Howard Lutnick said Chinese capital will have no meaningful place in America's auto sector, arguing that the country does not need companies such as electric vehicle maker BYD.