Suzuki Motor Corporation said it will acquire the all-solid-state lithium-ion battery business of Japanese engineering firm Kanadevia Corporation, as the automaker steps up development of next-generation battery technology for electric vehicles (EVs).
Tesla's Gigafactory in Grunheide, Germany, is being repurposed into a multi-product manufacturing hub after CEO Elon Musk outlined five transformation initiatives to address falling capacity utilization and mounting labor disputes.
BMW introduced the humanoid robot Aeon at its Leipzig production facility in early 2026, a move framed as both a production innovation and a symbolic milestone in the leadership transition to Milan Nedeljkovic, who will assume the role of group chief executive in May 2026.
Primax Electronics' push into automotive, AIoT and robotics signals a strategic shift that should reshape revenue mix over the next two to three years, even as near-term margins face pressure from currency and component costs.
Within the past five years, BYD has overtaken Tesla in sales across more than 20 countries and regions to reshape the landscape in the global electric vehicle (EV) market. This competition reached a dramatic turning point in 2025, as BYD surpassed Tesla for the first time in the UK, while also claiming the title of the world's top annual EV seller.
Taiwan's scooter market declined in February 2026 due to the Lunar New Year holiday, with fewer working days for vehicle registration. Total monthly sales dropped to 44,817 units in February, down 22.55% from the previous month's 57,867 units and 24.37% lower than the 59,258 units recorded in February 2025.
Following US and Israeli strikes on Iran on February 28, Iran's Islamic Revolutionary Guard Corps announced the closure of the Strait of Hormuz, disrupting global energy and shipping flows. The move has lifted prices for petrochemical feedstocks, synthetic rubber and plastic components, creating 15-25% raw material cost pressure for automakers and compressing margins.
South Korea's vibrant startup ecosystem is advancing the country's smart city ambitions through AI-driven infrastructure. Uniqconn—a CES 2026 Innovation Awards Honoree—and Warp Solution have proposed blueprints for distributed AI infrastructure and battery-free smart cities, respectively, aiming to address massive national computing demands and reduce maintenance costs for urban traffic sensors.
At the 2026 Mobile World Congress (MWC), MediaTek showcased a series of breakthrough technologies under the theme "AI for Life: From Edge to Cloud," emphasizing its leadership in chips and AI. The company focused on 6G communications, next-generation home broadband platforms, automotive connectivity, mobile AI, and data center interconnect solutions.
Volkswagen AG's "in China for China" strategy is facing an uphill battle in the market after less than six months, with the company now entering a fierce pricing war that has spread from the electric vehicle (EV) market to internal combustion engine (ICE) cars, and even dragging BMW and Mercedes-Benz into the crossfire.
Europe's domestic battery sector is in a structural crisis, with high costs, technological shortfalls, and project delays eroding its ability to compete with Asian manufacturers.
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