Taiwanese industrial conglomerate Tatung announced on Friday that it has signed a contract to supply its second-generation 250-kilowatt (kW) electric bus powertrain systems to Tron Energy, a leading electric bus manufacturer in Taiwan. Deliveries are expected to begin in the first quarter of 2026, with total shipments projected to reach 500 units.
On October 21, Texas Instruments reported stronger revenue in the third quarter of 2025, posting growth across all major end markets despite a softer outlook for the coming quarter. Revenue climbed 7% from the previous quarter and 14% from a year earlier, reflecting solid demand for analog and embedded products.
The Trump administration has enacted a dual trade policy under Section 232 of the Trade Expansion Act, imposing tariffs on imported medium- and heavy-duty trucks and buses while maintaining existing exemptions for automobiles. The tariffs aim to bolster domestic manufacturing competitiveness and reshape the US automotive supply chain.
CATL posted a 41% year-over-year rise in third quarter 2025 net profit, supported by its leading share in China's battery market and continued international expansion. The company identified energy storage systems (ESS) and new-energy commercial vehicles as its next growth pillars, underscoring a strategic pivot beyond passenger EVs.
US President Donald Trump has imposed a 25% tariff on imported medium and heavy trucks and parts, effective November 1, 2025, under Section 232 national security provisions. Buses face a 10% levy. While targeting foreign manufacturers, the tariffs will trigger cost increases across three economic stages.
China has filed a formal complaint at the World Trade Organization (WTO) against India over a series of incentive programs that Beijing says unfairly favor domestic goods over imports in the automotive and renewable energy technology sectors. The request for consultations, dated October 15, 2025, marks the latest trade friction between the two countries as they compete for dominance in green technology and electric vehicle (EV) manufacturing.
In a major escalation of his trade policy, President Donald Trump announced in early October 2025 that his administration would impose a 25% tariff on imported medium and heavy-duty trucks and components, and a 10% tariff on imported buses, beginning on November 1, 2025. The move is aimed at boosting US manufacturing but has already sparked backlash from business groups and international trade partners.
Formosa Smart Energy Tech (FSET) has joined forces with the Industrial Technology Research Institute (ITRI) to successfully develop lithium battery dry electrode technology, marking a major breakthrough in Taiwan's new energy materials and manufacturing sector. This achievement establishes a solid foundation for Taiwan's leadership in dry electrode innovation, with applications spanning energy storage and electric vehicle (EV) markets.
South Korea's Ministry of Trade, Industry and Energy (MOTIE) has launched a Rare Earth Supply Chain Task Force to shield domestic industries from China's tightened export controls.
According to ZDNet Korea, Samsung Electronics' foundry division has secured an order from Hyundai Motor and will manufacture millions of 8nm automotive chips. Hyundai is actively preparing for production, with chip development expected to be completed by 2028 and mass production targeted for 2030.**
Tata Technologies has announced a strategic collaboration with Synopsys, a global leader in engineering solutions from silicon to systems, to accelerate the transition toward software-defined vehicles (SDVs). The partnership aims to combine Tata Technologies' vehicle engineering expertise with Synopsys' virtualization technologies to help automotive manufacturers address the growing complexity of next-generation mobility.
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