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Jul 9, 06:49
Commentary: Foxconn’s EV triangle may hinge on Nissan’s Oppama plant
With global EV growth decelerating, Taiwan's Foxconn is pressing ahead with its electric vehicle ambitions. The company is reportedly in advanced talks with Nissan Motor over a potential joint venture at the automaker's Oppama plant in Yokosuka, Kanagawa Prefecture, a development that analysts say could mark a turning point for both firms.
Taiwan's Seetel, a lithium battery and energy storage manufacturer, said Tuesday it formed a strategic alliance with Canadian energy storage solutions provider Energy Plug to expand into global markets.
Taiwan-based Kinko Optical has strategically avoided low-price competition by expanding its mid- to high-end lens and next-generation product offerings, resulting in nearly 25% revenue growth in the first half of 2025.

US President Donald Trump has formally notified South Korea of plans to impose a 25% tariff on select imports, with implementation set for August 1. While a three-week window for negotiations remains, industry observers widely anticipate that talks will face significant headwinds.

Nissan Motor Co. has initiated discussions with Foxconn over a possible collaboration to convert its Oppama plant in Yokosuka, Kanagawa Prefecture, into a manufacturing site for EVs. If finalized, Foxconn plans to inject fresh capital into Oppama and leverage the facility's sprawling supply network and experienced workforce to strengthen its EV supply chain in Japan.

Taiwanese electric vehicle maker Aeon Motor has officially begun mass production at its new Vietnam facility as of April, with the first batch of US-bound products shipped in May. The company sees the move as a critical milestone in its broader global expansion and a strategic hedge amid shifting trade policies and intensifying supply chain decoupling.

Chinese electric vehicle manufacturer BYD is set to officially commence operations at its Brazil car plant in July 2025. However, due to heavy rains and a labor investigation, the plant will not reach full production capacity until July 2026, according to Reuters and the Rio Times.
Taiwanese firms remain optimistic about Vietnam's long-term automotive prospects, citing trade agreements, government support, and improving infrastructure. Though still developing compared to Thailand and Malaysia, Vietnam's rising local production and supply chain integration, boosted by Taiwan's "Local by Local" strategy, signal strong potential for future growth in the sector.
Nissan Motor is engaging in discussions with Taiwan's Foxconn to potentially use its Oppama plant in Kanagawa Prefecture for electric vehicle (EV) production. This move forms part of Nissan's broader plan to restructure and optimize its manufacturing operations, according to Nikkei, Reuters, and Yomiuri.
Xiaomi's latest breakout products, the YU7 electric vehicle and AI-powered smart glasses, are making waves not just for their functionality, but for how they're being positioned and sold. In today's digital-first consumer economy, tech is no longer just about utilities; it's a lifestyle marker. Analysts are increasingly framing this shift as "hype-driven tech consumption," with some even likening it to the rise of "tech collectibles."
Taiwan's auto market could see a stronger-than-expected rebound in the second half of 2025—provided key policy uncertainties such as tariffs and commodity taxes are resolved soon, according to Hsin-Cheng Tseng, director and executive vice president of China Motor Corporation (CMC).
Toyota Motor Corporation has postponed its plan to produce electric vehicles (EVs) at its US factories, shifting focus to gasoline-powered and hybrid SUVs amid changing market conditions. The company is reallocating production to meet current consumer demand.