Samsung SDI is ending its battery manufacturing partnership with General Motors (GM) in Indiana, terminating a major EV joint venture — and sending ripples across the supply chain.
Ledlink Optics Inc. posted consolidated revenue of NT$353 million (US$10.97 million) in the second quarter of 2026, up 16% quarter-over-quarter and 7% year-on-year, marking its second-highest result for the same period in 11 years. A ramp-up in shipments for new automotive projects, a higher mix of value-added products, and continued optimization of its product and customer order structure lifted operating profit to NT$4.24 million (US$132,000) and net profit attributable to the parent company to NT$5.65 million (US$175,000), with earnings per share (EPS) at NT$0.1, ending its five straight quarters of losses since the first quarter of 2025 and returning the company to profitability.
Taiwanese lithium battery materials maker Aleees said it secured a 20-year supply contract with Tesla Inc. and plans to deliver at least 100,000 tons of lithium iron phosphate (LFP) precursor materials annually to support demand in the US market. The company is also searching for a new factory site, with Tainan emerging as the leading option.
Tesla's Full Self-Driving (FSD) system has entered a critical stage in seeking European Union (EU) market approval, but the review has shifted from a technical issue into a broader European policy debate.
Hyundai Motor Group is accelerating its "Physical AI+" robot strategy, with Saemangeum in North Jeolla Province set to become its main manufacturing base. The plan also includes robot training and learning centers in South Korea, the US, and China, as the group seeks a larger role in global robotics.
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.
