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Friday 24 January 2025
Taiwan auto parts maker drives growth with AI healthcare focus while expanding core business
Taiwan-based Global PMX, a major manufacturer of automotive powertrain and safety components, has successfully expanded its presence in AI-powered digital healthcare and other sectors...
Friday 24 January 2025
European automakers face carbon penalty storm, pressuring EU to reconsider regulations
The European Union (EU) has raised carbon emission standards to 93.6g/km starting in 2025, leading to penalties that could reach EUR15 billion (US$15.6 billion), according to the...
Friday 24 January 2025
Trump's new policies accelerate changes as major automakers buckle up
Upon taking office, US President Donald Trump swiftly targeted immigration, electric vehicles (EVs), and energy with his first executive orders. He is considering imposing a 25% tariff...
Friday 24 January 2025
EV showdown: Can China outpace the US in the electric vehicle race?
On his first day back in the White House, President Donald Trump issued a series of orders, notably revoking electric vehicle (EV) subsidies and vowing to revive the glory of the...
Friday 24 January 2025
European carmakers face multiple challenges in EV transition
Conventional automakers in Europe have faced multiple challenges as they transition to EV production. In addition to declining car sales in Europe, they must confront tough competition...
Friday 24 January 2025
Foreign automakers accelerate plant closures in China
China's domestic automakers are rapidly expanding their local market presence, creating an existential threat to foreign brands and their joint ventures. Several international manufacturers...
Friday 24 January 2025
TI outperforms market expectations despite a downturn in automotive and industrial sectors
Texas Instruments (TI)'s latest financial results for the fourth quarter show a nuanced performance, with overall revenue slightly declining yet exceeding market forecasts, indicating...
Friday 24 January 2025
Taiwan's automotive AM leaders hit record revenues on North American demand
According to a report by Fortune Business Insights, the global automotive aftermarket (AM) market reached US$418.95 billion in 2023 and is projected to grow at a compound...
Friday 24 January 2025
BYD expands Southeast Asian presence through Grab partnership
BYD has formed a strategic partnership with Grab, Southeast Asia's leading ride-hailing platform, to offer discounted rates on up to 50,000 EVs for fleets and drivers. The collaboration...
Friday 24 January 2025
Tata to strengthen India's EV market position through battery manufacturing
Tata Motors, India's leading electric car manufacturer, is leveraging locally produced EV batteries to maintain its competitive edge amid rising competition from new launches.
Thursday 23 January 2025
Hyundai, Samsung, LG brace for impact as Trump's tariff plans target Mexico
As Donald Trump takes office with his "America First" agenda, South Korea's electronics and automotive industries are closely monitoring potential shifts in global trade policies...
Thursday 23 January 2025
Taiwanese export suppliers hesitant to react to Trump's trade policies, MOEA survey finds
Taiwan's Ministry of Economic Affairs (MOEA) has indicated that US President Donald Trump's most significant tariff policies are still pending announcement. A recent MOEA survey on...
Thursday 23 January 2025
Chinese PHEVs surge in global markets, leaving Tesla and legacy automakers in a tight spot
Chinese automobiles have consecutively secured the title of the world's largest automobile exporter in 2023 and 2024. Despite being impacted by the trade war surrounding battery electric...
Thursday 23 January 2025
Xiaomi and BYD challenge Tesla's dominance in China
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's...
Thursday 23 January 2025
Infineon launches program to boost Malaysia's semiconductor sector
The Malaysian Investment Development Authority (MIDA) and Infineon Technologies have launched a vendor development program to enhance Malaysia's semiconductor industry.