Sanyang Motor held its shareholder meeting on June 26 to issue its financial report for 2024. The company's two-wheel and four-wheel business segments both saw growth throughout the year, according to chairman Ching-yuan Wu, who stressed that the company's core principles of quality, service, and innovation will continue to drive its operations amid external competition.
G-Tech Optoelectronics Corporation (GTOC) projects stable operational performance in the second half of 2025 despite challenges from reciprocal tariffs and fluctuations in the New Taiwan dollar exchange rate. Chairman Tony Chung reaffirmed the company's dedication to next-generation material technology as it moves forward with strategic development plans.
Taiwan-based Coplus Inc., a supplier of automotive lights and performance parts, has seen its order visibility drop from over three months to just one due to increasing customer caution amid macroeconomic uncertainties and unresolved US tariff issues. Coupled with currency fluctuations, these factors have led the company to maintain a cautious outlook for the second half of 2025, according to company president Chih-pin Wu.
On June 22, Tesla officially launched its first robotaxi service in Austin, Texas, inviting select passengers to participate in trial rides, marking what CEO Elon Musk called the company's entry into the commercial era of fully autonomous driving. The announcement quickly drew global media attention and was widely interpreted as a direct challenge to Waymo, the long-time leader in the US robotaxi market.
Mitac Digital Technology (MDT), a subsidiary of MiTAC Holdings Corporation, has secured a large-scale order from Europe's leading fleet management company, marking a milestone in the company's expansion into connected vehicle and AI-driven mobility solutions. Continued shipments are expected throughout 2025, with additional momentum from smart retail and automotive electronics projects.
The world's top maker of electric-vehicle batteries broke ground on a US$6 billion battery material ecosystem in Indonesia as the government pushes ahead with commodity downstreaming goals.
China's robotaxi sector is getting a jolt as HelloRide, Ant Group, and CATL join forces to launch Shanghai Zaofu Intelligent Technology Co., Ltd. Backed by a CNY3 billion initial investment and CNY1.288 billion in registered capital, the trio is making a full-scale push into Level 4 autonomous driving.
BYD, China's top electric vehicle (EV) manufacturer, is dialing back production and postponing factory expansion as mounting inventory levels and sluggish sales weigh on operations, despite its ongoing price cuts that have escalated an already volatile EV price war.
Despite ongoing uncertainties in the market, such as exchange rates and tariffs, cable manufacturer Well Shin Technology is optimistic it will be able to maintain overall growth in 2025, thanks to an increase in pull-ins from electric vehicle (EV) customers and the continued growth of low Earth orbit (LEO) satellites and refrigerated containers.
Taiwan's Ministry of Economic Affairs (MOEA) recently proposed a "tariffs first, commodity tax later" approach in response to growing trade pressure from the US, raising concerns in the local automotive sector. Sanyang Motor (SYM), which operates both motorcycle and automobile divisions, responded by calling for a rationalization of tariff structures instead of focusing solely on tax cuts.
CarUX, a tier 1 supplier of smart cockpit integration solutions and subsidiary of Taiwanese panel giant Innolux, announced on June 26, 2025 that it has signed a formal agreement with global investment organization EQT to acquire a 100% stake in Japanese electronics manufacturer Pioneer in a deal valued at JPY163.6 billion (US$1.13 billion).
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