Taiwan's investment office, InvesTaiwan, under the Ministry of Economic Affairs, has approved expanded Taiwan investment plans from four companies, led by MSScorps, which will invest NT$1.5 billion (US$47.4 million) and is filing for the third time. The company plans to add production lines and adopt AI technology at its Hsinchu, Tai Yuen Hi-Tech Industrial Park, and Southern Taiwan Science Park (STSP) facilities.
The European Union has rushed through a US-EU tariff agreement after US President Donald Trump demanded that Brussels complete the deal by July 4, the 250th anniversary of US independence, or face higher 25% tariffs on auto and auto parts imports. According to media reports, the European Parliament recently held an emergency vote to approve the agreement, while the EU simultaneously added three safeguards to guard against the risk of renewed tariff hikes.
As global EV market growth slows, motor makers that once relied on EV power systems are moving faster to find new growth engines. Fukuta has extended its accumulated design, integration, and manufacturing capabilities in automotive all-in-one power systems into miniaturized power module applications such as drones and quadruped robot dogs, reflecting a broader shift in resource allocation amid cooling EV growth.
As the global electric vehicle (EV) market enters a correction phase, automakers are demanding more from both cost and efficiency. Fukuta has been steadily extending the design, integration, and manufacturing capabilities it built in automotive multi-in-one power systems into smaller power module applications.
Li Auto announced details of its new Mach M100 chip, a self-developed 5nm chip focused on autonomous driving, on June 15. This development marks the latest entry among Chinese automakers into designing in-house chips as they compete on cost and smart-driving features.
Lithium carbonate prices are beginning to recover as demand from China's power batteries and the global energy storage market strengthens. For readers worldwide, the shift could lift battery costs, reshape supply chains, and accelerate interest in sodium-ion technology as companies seek alternatives to lithium-heavy systems.
