Despite lively public debate over vehicle pricing, Taiwan's electric vehicle (EV) market has entered a period of stagnation, as long-awaited tariff agreements with the United States remain unresolved and consumer demand continues to lag. With the lunar ghost month and a traditional seasonal slowdown approaching, automakers and dealers are rushing to stimulate demand through aggressive promotions and equipment upgrades.
Dongfeng Motor Corporation, one of China's largest state-owned automakers, is divesting its 50% stake in Dongfeng Honda Engine Co., a joint venture with Japan's Honda Motor Co., in a move that signals a decisive pivot away from internal combustion engines and toward electric mobility.
As competition in China's electric vehicle (EV) market intensifies and range anxiety persists, plug-in hybrid electric vehicles (PHEVs) are emerging as a compelling alternative — and Japan's Honda is quietly shaping the technological standard.
Hon Hai Technology Group, also known as Foxconn, presented a US-market version of its electric sport utility vehicle and showcased its artificial intelligence (AI) infrastructure at the Taiwan Expo USA in Dallas.
In Taiwan, small and medium-sized enterprises (SMEs) form the backbone of the domestic auto supply chain—supplying everything from body panels and chassis to nuts and bolts. Yet with shifts in the global landscape since April, many industry players confess that they're simply taking things "day by day," worried that weak demand for local vehicles could drain their revenues, stall production lines, and spark a cascade of closures.
In a challenging global environment that has dampened growth across the electric vehicle (EV) industry, Solteam held its investor briefing on August 13, 2025, revealing a robust 38% year-over-year increase in revenue from its new energy vehicle (NEV) division in the first half of 2025.
For years, the biggest perceived roadblocks to widespread electric vehicle (EV) adoption were clear: prohibitive sticker prices, range anxiety, and too few public chargers. But as the global EV market grows, one of those long-held assumptions is being turned on its head.
Taiwan's automotive aftermarket (AM) suppliers are enjoying record revenues on the back of strong US demand, but the appreciation of the New Taiwan dollar is eating into profits.
