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Apr 20
US Commerce Secretary says BYD has no role in American auto market
US Commerce Secretary Howard Lutnick said Chinese capital will have no meaningful place in America's auto sector, arguing that the country does not need companies such as electric vehicle maker BYD.
When most discussions around Chinese brands still focus on how to expand overseas, Zhang Xue is taking a more radical approach: redefining the stage itself.

In China's vast auto market, foreign brands — and the joint ventures they once dominated — have been steadily overtaken by domestic rivals. Market share has eroded for years, forcing global carmakers to pivot strategically: embrace Chinese design, technology, and consumer sensibilities. The upcoming Beijing Auto Show is set to showcase that transformation, as a wave of foreign models infused with a distinctly "Chinese soul" debuts in a bid to reclaim lost ground.

Japanese automaker Nissan Motor has sharply reduced its reliance on critical minerals in its latest electric vehicle design, highlighting how automakers are re-engineering core components to navigate rising geopolitical risk and supply chain concentration.

Samsung SDI has signed a multi-year agreement to supply electric vehicle (EV) batteries to Mercedes-Benz, marking its first confirmed entry into the German luxury carmaker's EV lineup and concluding months of advanced negotiations over one of the industry's most closely watched battery deals.

The commercial vehicle sector is at an inflection point. As software-defined vehicles (SDVs) and autonomous driving reshape the global automotive industry, China Motor Corporation (CMC) Vice President Hung-ching Yang used a keynote address on April 16 to lay out a four-stage evolution of the sector. His message was clear: AI enablement, energy transition, and cybersecurity will define who leads the next generation of mobility.
To more fully showcase Taiwan's role in the global mobility industry, three of its flagship trade shows—Taipei AMPA, E-Mobility Taiwan, and Autotronics Taipei—were combined in 2026 into a single platform, the 360° Mobility Mega Shows. Taiwan External Trade Development Council Chairman James C. F. Huang said Taiwan's automotive components exports have reached NT$214.6 billion, while total automotive output stands at roughly NT$500 billion (approx. US$15 billion). Only by integrating these strengths into a comprehensive ecosystem, he argued, can Taiwan expand its presence in global markets.
Despite a challenging auto market in 2026, MiTAC remains confident it can sustain double-digit growth. President Steve Chang says the company's next phase will be defined by the integration of hardware and software in the age of AI, with fleet management emerging as a central growth engine.

Taiwanese automotive electronics leader E-Lead Electronic is reshaping the future of smart cockpits through a combination of deep technological reinvention and production restructuring, as it positions itself as a full-spectrum systems supplier in an increasingly fragmented global supply chain.

Contemporary Amperex Technology Co. Limited, China's dominant electric vehicle battery manufacturer, is accelerating its push up the supply chain, pairing strong earnings with an aggressive expansion into upstream mining as it positions for the next phase of growth in electric vehicles and energy storage.
Whetron Electronics, a Taiwanese Tier 1 automotive electronics supplier, said it recently showcased a new suite of advanced driver-assistance and in-cockpit sensing technologies at the Taipei AMPA 2026, as the company pushes deeper into edge computing and intelligent vehicle safety systems.
Vingroup's memorandum of understanding with the Government of Maharashtra, India, could channel about US$6.5 billion into urban development, electric mobility, renewable energy, and social infrastructure, with the potential to reshape India's Mumbai region and serve as a template for large-scale private-sector participation in sustainable urbanization and regional growth.