Taiwanese electric vehicle maker Aeon Motor has officially begun mass production at its new Vietnam facility as of April, with the first batch of US-bound products shipped in May. The company sees the move as a critical milestone in its broader global expansion and a strategic hedge amid shifting trade policies and intensifying supply chain decoupling.
China Motor Corporation (CMC) unveiled a new special edition of its popular J Space model on July 2, 2025. Buoyed by strong sales momentum, the company also raised its full-year sales target for the vehicle from 17,000 to 19,000 units.
Tesla CEO Elon Musk has confirmed that the company's first LFP battery plant in the US—located in Sparks, Nevada—is nearing completion and will soon begin production. The facility will have an initial annual capacity of 10GWh, primarily serving Tesla's energy storage product Megapack and select vehicle models.
The global automotive industry is rapidly pivoting toward software-defined vehicles (SDVs), fueling a parallel surge in demand for large in-car displays. Market research firm Omdia forecasts that displays larger than 10 inches will account for a staggering 81% of automotive display sales by 2027, nearly doubling their market share from 2021.