In a rare late-night statement issued on October 21, China's Ministry of Commerce disclosed that Minister Wang Wentao held a phone call with Dutch Minister of Economic Affairs Vincent Karremans, urging a resolution to the Netherlands' recent decision to freeze the assets of Nexperia, a major Chinese-owned semiconductor firm.
Taiwanese industrial conglomerate Tatung announced on Friday that it has signed a contract to supply its second-generation 250-kilowatt (kW) electric bus powertrain systems to Tron Energy, a leading electric bus manufacturer in Taiwan. Deliveries are expected to begin in the first quarter of 2026, with total shipments projected to reach 500 units.