BYD reported a sharp 33% decline in third-quarter profit, highlighting the growing toll of China's intensifying electric-vehicle price war and renewed investor caution over the company's sales outlook.
WeMo, Taiwan's leading shared electric scooter platform, is set to celebrate its 10th anniversary in 2026. Over the past year, the company has forged partnerships with major industry players—including Taiwan Mobile, LINE GO, iPASS MONEY, and iRent—building a "cross-vehicle, cross-platform, cross-scenario" smart mobility ecosystem. WeMo also told DIGITIMES that it is targeting a cumulative fleet of 50,000 vehicles by 2030.
Since taking the helm of Hyundai Motor Group five years ago, Chairman Eui-sun Chung has steered the South Korean automaker to new heights, vaulting past global rivals to become the world's third-largest car manufacturer. His leadership has been defined by bold investments and aggressive market expansion. Now, as the global auto industry enters a phase of profound disruption, Chung is doubling down once again.
At the recently concluded IAA Mobility auto show in Munich, BYD, China's electric vehicle giant, outlined its roadmap for solidifying its position as the world's top EV manufacturer. With a three-pronged approach — global-scale sales, localized supply chains, and rapid-charging technology — BYD is accelerating its international expansion and distancing itself from rivals, including Tesla.
