Lithium manganese iron phosphate (LMFP) battery manufacturer HCM stated that the company's LMFP materials have successfully entered the US battery supply chain, noting that its customers are included in the US Department of Energy's (DOE) subsidy program. Company chairman Tony Chen is optimistic that the company will gradually see results in the European and American markets amid decoupling from China.
The proposed merger between Honda and Nissan has taken an unexpected turn, with reports emerging that talks, initially called off, could be revived. In a surprising move, Honda is reportedly leveraging the situation to push for the resignation of Nissan's president, Makoto Uchida, before any further negotiations can proceed. At the same time, Renault is exploring options to sell its 36% stake in Nissan while deepening its ties with Geely—seen by many as a potential alternative to its long-standing relationship with Nissan.
Taiwan's leading automotive fastener manufacturer, Spec Products Corp, maintains strong confidence in its US market competitiveness despite current tariff policies. The US represents over 60% of Spec's shipments, establishing it as the company's dominant export market.
US President Donald Trump announced plans to impose 25% tariffs on auto imports, semiconductors, and pharmaceuticals starting as early as April 2, with potential increases over time. This follows his recent 10% tariff on Chinese goods and 25% tariffs on steel and aluminum.
US President Donald Trump has criticized Tesla's potential plans to manufacture electric vehicles in India, calling the move "unfair" to the US during an interview with Fox News. His comments came shortly after reports emerged about Tesla's strategy to enter the Indian market through local manufacturing to circumvent high import tariffs.
AZAPA, a Japanese automotive development and design startup, is set to launch its semi-solid-state battery system by 2025, primarily aimed at electric vehicles (EVs) technology. This innovative system combines AZAPA's proprietary control technology with semi-solid batteries produced by the Chinese battery manufacturer Anwa, whose technology is licensed from the American startup 24M Technologies.
The rapid rise of AI-driven applications in smart healthcare, semiconductors, and data storage has pushed many Taiwanese companies traditionally focused on automotive components to undergo strategic transformations in recent years, achieving significant milestones along the way.
Founded in 1983, Hushan Autoparts has been a global leader in manufacturing automotive door handles for the aftermarket (AM) sector for over 40 years. In 2018, the company encountered growth challenges, leading chairman Ying-Chih Chen to pursue diversification for further expansion.
The global automotive industry is undergoing another wave of restructuring, with the trend of modular platforms gaining momentum. In response, Gogoro is set to implement strategies that enhance platform applications.
US President Donald Trump has announced plans to impose a 25% tariff on imported automobiles, pharmaceuticals, and semiconductor chips, a decision that could disrupt global supply chains and intensify trade tensions, according to Bloomberg and Reuters.
Under new leadership, Gogoro has unveiled its strategic direction, suggesting a possible withdrawal from India's electric two-wheeler market in favor of a targeted expansion in Vietnam.
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