The electric bike market in China has entered a new phase. Starting September 1, the mandatory national standard "Safety Technical Specification for Electric Bicycle" has been implemented at the production level. Electric bike manufacturers are now required to transition all products to meet the new standard, while models that meet the old standards will gradually be phased out.
Taiwan's auto market has entered unfamiliar territory in 2025, marked by mounting signs of disruption. With large volumes of imported cars clogging port terminals, erratic price swings, early factory shutdowns, and a sharp freeze in consumer demand, the market has slowed across virtually all major brands. Yet in the midst of the downturn, market leader Hotai Motor Co. has managed to maintain steady sales momentum.
Germany's once-dominant automotive sector is facing its most profound reckoning in decades, shedding over 52,000 jobs — a 6.7% decline — in the past year alone, according to fresh data released by Destatis. Since the onset of the Covid-19 pandemic in 2019, the broader industrial sector has cut a total of 245,000 positions, with nearly half of those losses concentrated in the auto industry, according to estimates by the auditing and consulting firm EY.
Hon Hai Precision Industry, better known as Foxconn, is signaling a strategic shift toward electric vehicles through partnership rather than acquisition. Chairman Young Liu confirmed that the company is exploring collaboration with Japanese automakers like Nissan via its Contract Design and Manufacturing Service (CDMS) model. While Foxconn has held discussions with Renault—the largest shareholder in Nissan—its aim is firmly anchored in cooperation, not ownership.