The global electric vehicle (EV) market is evolving rapidly, and Japan's legacy automakers are at the center of the latest industry shakeup. Following the collapse of the Honda-Nissan partnership, reports suggest that a new "four-party collaboration framework" may be in the works.
Sanyang Motor (SYM) introduced its first 2025 model, the TTLBT, on February 24, marking a major milestone as the first domestically produced motorcycle in Taiwan equipped with built-in Apple CarPlay. This launch signals SYM's entry into a new era of smart vehicle transformation.
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached an inevitable dead end.
Suzuki Motor Corporation unveiled its new mid-term business plan in February 2025, detailing an ambitious investment of JPY4 trillion (US$26.5 billion) through the end of March 2031. The plan aims to position India at the heart of the company's strategy, as it seeks to establish a robust growth foundation in emerging markets across the Global South.
AUO's multi-year dual-axis transformation strategy has begun showing tangible results. The company has reorganized its operations into three core business pillars, preparing for their eventual incorporation as independent Business Groups (BGs). This restructuring aims to provide greater visibility into each pillar's financial performance while optimizing their operational systems for enhanced efficiency.
Cultural differences have long complicated Renault's collaboration with Nissan and Mitsubishi Motors, raising the possibility that the French automaker may strengthen its ties with Geely instead. Against this backdrop, Foxconn appears less interested in taking sides than in finding common ground.
Nissan has dismissed speculation that it plans to shut down its factory in Thailand, reaffirming the country's role as a key manufacturing hub in the Association of Southeast Asian Nations (ASEAN). The company also expressed its commitment to supporting the Thailand government's transitioning projects to electric vehicles (EVs).
India-based OSAT Kaynes Semicon is securing customers in its foray into the semiconductor business. Tesla steps up entry in India but faced criticism over its potential local manufacturing prospect.
China's automotive market remains caught in an intense price war, with competition becoming increasingly cutthroat over the past two years. This has forced weaker brands out of the market one by one. Industry projections suggest that by 2025, the dust will begin to settle, revealing a new turning point.
The fight in China's auto market has shifted from electrification to intelligent driving, as leading new energy vehicle (NEV) maker BYD makes intelligent driving a standard feature in its entry-level vehicle models at no extra cost, drawing in its competitors and triggering intense competition in the domestic market.
Huawei's Harmony Intelligent Mobility Alliance (HIMA) is setting its sights on a 1 million-unit sales target in 2025. The alliance's four key brands—AITO (Seres Group), Luxeed (Chery), Stelato (BAIC BluePark), and Maextro (JAC Group)—will drive this expansion, with ambitions to overtake BMW, Mercedes-Benz, and Audi (BBA) in total sales.
The proposed merger between Honda and Nissan has taken an unexpected turn, with reports emerging that talks, initially called off, could be revived. In a surprising move, Honda is reportedly leveraging the situation to push for the resignation of Nissan's president, Makoto Uchida, before any further negotiations can proceed. At the same time, Renault is exploring options to sell its 36% stake in Nissan while deepening its ties with Geely—seen by many as a potential alternative to its long-standing relationship with Nissan.
US President Donald Trump announced plans to impose 25% tariffs on auto imports, semiconductors, and pharmaceuticals starting as early as April 2, with potential increases over time. This follows his recent 10% tariff on Chinese goods and 25% tariffs on steel and aluminum.
US President Donald Trump has criticized Tesla's potential plans to manufacture electric vehicles in India, calling the move "unfair" to the US during an interview with Fox News. His comments came shortly after reports emerged about Tesla's strategy to enter the Indian market through local manufacturing to circumvent high import tariffs.
The global automotive industry is undergoing another wave of restructuring, with the trend of modular platforms gaining momentum. In response, Gogoro is set to implement strategies that enhance platform applications.
Under new leadership, Gogoro has unveiled its strategic direction, suggesting a possible withdrawal from India's electric two-wheeler market in favor of a targeted expansion in Vietnam.
As Gogoro approaches its 10th anniversary in 2025, interim CEO Henry Chiang has outlined a comprehensive three-year strategy to overcome recent supply chain challenges and leadership changes.
On February 18, Gogoro held a spring press conference, where Interim CEO Henry Chiang stated that as an energy technology and scooter company, Gogoro has a clear goal: achieving profitability and sustaining steady growth.
Global automakers are revamping their electrification strategies amid shifting subsidies and tariff uncertainty. After overestimating demand outside China, industry giants from the US, Europe, Japan, and South Korea are embracing a diversified approach, integrating internal combustion engines, hybrids, plug-in hybrids, and battery electric vehicles.
Starting in 2024, Europe and the US have set up trade barriers against imports of battery electric vehicles (BEV) from China. However, Chinese automakers have shifted their export focus, demonstrating resilience and supporting their ambitions for global expansion.
Chinese automakers are shifting their export focus from battery electric vehicles (BEV) to plug-in hybrid EVs (PHEV), as they seek to circumvent the trade barriers. But their attempts may fail.
General Motors (GM) is closing its Shenyang manufacturing plant in northeastern China, a move that aligns with its broader restructuring strategy to navigate the shifting competitive landscape. The plant, which has been producing Buick GL8 MPVs and Chevrolet Tracker SUVs, is being shut down as part of GM's efforts to streamline operations and counter growing pressure from domestic automakers.
Honda and Nissan scrapped merger talks after failing to agree on terms, marking an abrupt end to what could have been a landmark consolidation in Japan's auto industry. The negotiations, which began in December 2024, were seen as a survival strategy amid intensifying global competition.
As an integral component of its "3+3" industrial development strategy, the electric vehicle (EV) sector represents not only a crucial avenue for enhancing revenue and profitability for Foxconn but also a pivotal element in the company's transformation and upgrading initiatives.
