Samsung SDI, a subsidiary of Samsung Electronics, has announced plans to conduct a paid capital increase of KRW2 trillion (US$1.38 billion) to expand its Hungarian factory and invest...
Formosa Smart underscores its ambitions to position Taiwan as a regional battery hub. Chairman Sandy Wang called the facility Taiwan's largest battery cell factory, with plans to...
Manufacturers are currently facing enormous challenges as a result of global geopolitical tensions and the tariffs that follow. In reaction to probable tariff effects and Foxconn's...
Escalating trade tensions under President Trump's new tariff regime are forcing Tesla to recalibrate its China strategy, with deeper Baidu partnerships emerging as a crucial lifeline...
The global auto industry is in flux, reshaped by advances in automotive electronics and electrification alongside the rise of Chinese EV makers. Traditional supply chains in Europe,...
Taiwan has a robust automotive components industry, but the absence of domestic car brands has long been a missing piece in the puzzle. This structural gap weakens the industry's...
Since President Trump took office, China has come to view the US with increasing skepticism, prompting the Chinese government to implement several countermeasures in response to perceived...
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
Electric vehicle sales have fluctuated across key markets like Europe, the US, and China, but technological advancements continue. A divide is emerging between legacy automakers and...
Taiwan's electric scooter market has seen intensified competition in the first quarter of 2025, with leading players Gogoro and KYMCO once again going head-to-head with new product...
As the global electric vehicle (EV) market grows, key regions such as China, Europe, and the US face challenges due to high EV-per-charger ratios in direct current (DC) charging infrastructure...
At the beginning of 2025, the US Department of Defense blacklisted China's lithium battery leader, Contemporary Amperex Technology (CATL), followed by US President Donald Trump imposing...
While the global EV market continued to grow in 2024, the growth rate had slowed down with sales only reaching around 17 million units, a year-on-year increase of 25.5%. Although...
The Southern Taiwan Science Park (STSP) has reported record-high sales of NT$2.21 trillion (approx. US$67.05 billion) for 2024, rising 39.55% year-over-year, with strong momentum...
Faced with geopolitical pressures and US tariff disputes, Taiwanese automotive parts suppliers, primarily export-oriented with North America as their key market, are diversifying...
