China's control of over 70% of the global lithium iron phosphate (LFP) battery market—the core of an EV's electric system—has triggered growing pushback in Washington. From the Biden administration's Inflation Reduction Act (IRA) to President Donald Trump's tariff threats, Chinese battery firms face intensifying US resistance. Meanwhile, Beijing has quietly imposed export controls to curb technology outflows.
Driven by new energy vehicle subsidy policies, the localization wave of automotive chips in China is intensifying, accelerating the domestic substitution process. Chinese integrated device manufacturers (IDM) such as Silan and BYD have achieved breakthrough growth in the power semiconductor sector, with their market shares rising significantly. This shift disrupts the long-standing dominance of foreign companies and has drawn the attention of German giant Infineon.
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining sales and long-term underperformance. The layoffs would impact approximately 15% of its 130,000 global employees.
Tesla is exploring land parcels in Satara, Maharashtra, to establish a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official told Business Standard. The move comes after negotiations with Hyderabad-based Megha Engineering failed. Tesla is now in talks with another Indian firm for a joint venture to acquire land and set up the CKD unit, which involves assembling imported vehicle parts locally to reduce import duties.
Although Taiwan's complete vehicle exports to the US consist mainly of a small number of ATVs, Taiwanese automotive parts firms have still felt mounting pressure from Trump's tariff policies and the ensuing global economic turbulence. In particular, SuperAlloy Industrial (SAI) has drawn significant attention, as its forged aluminum wheels are widely used by high-end automakers worldwide.
AUO is showcasing cutting-edge microLED display technology integrated with artificial intelligence (AI) at Display Week 2025, the global industry event hosted by the Society for Information Display.
Against a backdrop of escalating geopolitical strain and unresolved trade friction, the US and China have concluded a new round of high-level negotiations, releasing a joint statement to adjust and suspend recently imposed tariffs. Though narrow in scope, the deal signals a partial de-escalation and offers markets overdue relief after months of volatility since April 2025.
Innolux Corporation's automotive display subsidiary CarUX plans to list on the US stock market, marking the Taiwanese display manufacturer's first overseas public offering.
The US has finalized a trade agreement with the UK, granting British car manufacturers a 10% tariff on up to 100,000 vehicles annually, lower than the 25% tariff applied to automotive imports from other countries. This deal, aligning with the 102,000 vehicles the UK exported to the US in 2024, disrupts the US tariff structure, particularly affecting Canada and Mexico under the US-Mexico-Canada Agreement (USMCA), where exports now face higher duties.
Panasonic Holdings has unveiled plans to lay off approximately 10,000 employees, split evenly between Japan and overseas, as part of structural reforms to improve profitability. The reductions, targeting departments such as home appliances, are scheduled for fiscal year 2025 (April 2025 to March 2026). The company's energy division, focused on electric vehicle (EV) batteries, will be spared due to strong demand, particularly from Tesla.
According to an official press release, Infineon has received final approval from the German Federal Ministry for Economic Affairs to fund its new Smart Power Fab in Dresden. The company will invest EUR5 billion (approx. US$5.6 billion) to expand the site, aiming to meet demand in sectors such as renewable energy, data centers, and electromobility.
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