The European Commission has opened a preliminary investigation into whether Chinese electric vehicle (EV) giant BYD received unfair government subsidies for its planned factory in Hungary—highlighting rising trade and political tensions between Brussels and Beijing.
Tesla is reportedly talking to local suppliers, including those from Tata, amid its supply chain diversification away from China and Taiwan. This move aligns with its goal to sell cars in India, where incentives are available for EV manufacturers that produce locally.
Japanese company Toppan Holdings has decided to divest all its 53.1% stake in Taiwan-based Giantplus Technology, a manufacturer of small and medium-sized LCD panels, marking its exit from panel production. However, Toppan will continue to procure panels from Giantplus, a move expected to boost the latter's revenue and reinforce optimism for 2025.
In 2025, the automotive industry is projected to surpass healthcare, technology, and financial services for the first time to become the sector most impacted by disruptive changes globally, making it face the most significant transformation, according to the latest Disruption Index 2025 report by consulting firm AlixPartners.
For many years, Japanese automotive brands have dominated the global market, each possessing relatively complete ecosystems. However, revolutionary new technologies are subtly changing these ecosystems.
Recent major innovations in transport-related industries have not just been confined to the "C.A.S.E." (connected, autonomous, shared, electric) trend in automobiles. Increasing attention has turned skyward toward low-altitude transport as well, with a number of Taiwanese companies now vying for a piece of this pie.
Innmax Technology and Startrust, jointly exhibiting at the 2025 Smart City Summit and Expo (SCSE) in Taiwan and focusing on integrating charging station services and energy management systems, are working with Delta Electronics on electric vehicle (EV) charging stations. New projects will be built in Taoyuan and Tainan, Taiwan, this year.
Nan Yang Industries, a subsidiary of Sanyang Motor and the sole distributor for Hyundai Motor in Taiwan, will introduce Hyundai's small electric vehicle (EV) Inster to the Taiwan market in 2025. The Inster will be priced under NT$1 million (US$30,288) and is expected to bring fresh growth momentum to Taiwan's electric passenger car market.
Since 2019, the Indian government has implemented the Production Linked Incentive (PLI) scheme for 14 industries to attract foreign investment in local manufacturing. Although it has positioned India as a key player in smartphone production, its benefits for other sectors are limited. As a result, India may explore offering subsidies for factory construction instead of linking incentives to production and investment levels.
Chinese electric vehicle maker XPeng Motors believes the robotics industry will eventually surpass the automotive sector in scale, though consumer adoption may take several years. The company plans to initially focus on commercial applications in factories and retail environments.
Hushan Autoparts, the world's largest car door handle manufacturer and a CAPA-certified automotive camera and sensor supplier, started trading on Taiwan's stock market on March 18, 2025.
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