Taiwan's Eurocharm Holdings, an OEM automotive and motorcycle parts maker, said at an earnings call on September 29 that leisure vehicles had become its largest product segment, as it expands production capacity in Vietnam and North America to meet rising customer demand. The company reported strong year-over-year growth in revenue and profit for the first half of 2026.

China's auto market is under pressure from high oil prices and shrinking subsidies, weakening domestic sales even as exports keep growing. Taiwanese supply-chain companies are responding by adjusting their product mix.

A new partnership between Zhejiang Geely Holding Group and NIO in electric vehicle (EV) battery swapping is signaling potential consolidation in China's fragmented market. With multiple incompatible systems still competing for adoption, the deal could open a new path toward greater standardization and network integration.

Automakers looking to cut the weight of electric vehicles (EVs) to extend driving range have another reason to consider magnesium alloys: magnesium ingots are now cheaper than aluminum ingots.

Japanese motor maker Nidec has replaced president and CEO Mitsuya Kishida with chief technology officer Michio Kaida as the company moves to overhaul its business and governance following accounting irregularities and mounting losses.

Vietnamese electric scooter brand Dat Bike has launched its family-oriented ERA model with a starting price of VND29.9 million (US$1,151.22), pairing it with a self-developed "integrated charger" that builds the charger directly into the vehicle's power system. The launch comes as Vietnam's electric two-wheeler market accelerates and Dat Bike sets its sights on market leader VinFast.

ProLogium Technology said it has signed a joint testing agreement with Mercedes-Benz, giving the automaker priority access to evaluate the battery maker's latest Gen4 cells. The companies said the work will build on nearly a decade of collaboration focused on next-generation mobility battery technology.

Taiwan's auto market has faced plenty of challenges in recent years, from broader industry headwinds to continued scrutiny of domestic car production. Against that backdrop, Foxconn-backed Foxtron is emerging as a fast-growing contender, delivering solid results in both domestic sales and local manufacturing while opening the door to exports and setting up a historic milestone for Taiwan's auto industry.

South Korea is broadening its battery strategy beyond high-nickel NCM, stepping up investment in sodium-ion, all-solid-state and lower-cost technologies after acknowledging that its focus on high-performance batteries left it exposed to China's rapid expansion in the affordable LFP market.

DIGITIMES Intelligence forecasts global electric vehicle (EV) sales to reach 22.34 million units in 2026, representing a modest 6.5% year-over-year increase—a sharp deceleration from the 21.8% growth rate recorded in 2025. Market momentum is pivoting away from the US and China toward Europe and emerging markets. While domestic demand in China weakens, Chinese EV exports are projected to hit approximately 5.1 million units, jumping 49% from 2025 and serving as a critical supply engine for expanding overseas markets.