Power Win Taiwan, Taiwan's largest waste battery processor, is seeing strong growth as rising electric vehicle adoption boosts demand for battery recycling, while recovering metal prices lift revenue from recycled materials.

Hotai Motor's all-round mobility services unit, Hotai Leasing, will officially launch its public listing on August 11. Hotai Leasing posted NT$2.7 billion (US$83.8 million) in consolidated revenue for July 2026, up 7.0% from the same period in 2025, reflecting strong profitability and a solid financial position.

Germany's car market posted only modest growth in July, but battery electric vehicles and plug-in hybrids surged as internal combustion engine sales fell sharply. The shift was driven in part by government subsidies, which have boosted demand for new energy vehicles and helped Chinese automakers gain ground in Europe's biggest auto market.

AI is moving from infotainment into steering, braking, and other core driving functions, raising safety questions that matter far beyond one market. Traditional testing rules are no longer enough, Irene Chuang, senior business manager for Industrial Services and Information Security at TÜV Rheinland Taiwan, said at a Taiwan industry forum, as regulators and automakers worldwide confront black-box AI risks in vehicles.

A South Korea-backed draft standard for software-defined vehicles (SDVs) has cleared a key milestone at the International Telecommunication Union (ITU), giving automakers and suppliers a common technical reference as the industry shifts toward software-centric vehicle architectures.

China's auto exports climbed sharply in the first half of 2026 as the sector shifted from price-based competition to a focus on product value, according to the China Association of Automotive Manufacturers (CAAM).