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As AI develops rapidly, data centers are driving equally rapid growth in electricity demand. The stability of future energy supplies will directly determine whether AI computing capacity can continue to expand.
LG Energy Solution has officially kicked off production of energy storage batteries at its nearly US$2 billion battery facility in Lansing, Michigan. The long-planned plant, originally announced in 2022 as a joint venture with General Motors, was eventually acquired entirely by LG Energy Solution in 2025 after GM scaled back its EV strategy.
Ongoing Middle East conflicts and surging natural gas prices are piling pressure on Taiwan's power supply costs, with Taiwan Power Company (Taipower) estimating its full-year fuel expenses will swell by over NT$120 billion (approx. US$3.8 billion). The utility noted that volatile international oil and gas prices are exacerbating cost pressures for an economy heavily dependent on imported energy.

South Korea is looking beyond semiconductors and artificial intelligence for its next generation of strategic industries, naming seven technology fields it plans to cultivate over the next 10 to 20 years.

Global auto sales in the first half of 2026 show Toyota still firmly in first place, while the gap between No. 2 Volkswagen and No. 3 Hyundai Motor Group has narrowed sharply. Volkswagen's heavy dependence on China has dragged sales lower, while Hyundai Motor Group has held up through diversified geopolitical exposure, local production, and a flexible product mix. Market attention is now turning to whether Hyundai Motor Group is on the verge of overtaking Volkswagen for the No. 2 spot.

Mitsubishi Motors will launch its new all-electric SUV, the ASX VR-e, in Australia and New Zealand in the fourth quarter of 2026, with the model supplied through contract manufacturing by Foxconn-backed Foxtron Vehicle Technologies. The move marks the first time a Taiwan-made EV will enter the sales channel of a global legacy automaker under a white-label arrangement.

Nvidia has reached a deal with OpenAI to provide up to US$105 billion in credit guarantees for the AI startup's upcoming 8GW data center campus in Ohio. The support will help OpenAI to secure a lease from SB Energy, while Nvidia will be the facility's exclusive chip supplier.

Nvidia's new Taiwan headquarters will be located in the Beitou-Shilin Technology Park, with construction expected to begin by the end of 2026. As the AI and high-tech ecosystem takes shape around the project, power supply has emerged as a key concern—and one closely watched by Nvidia CEO Jensen Huang.

OCI Holdings is turning to thinner solar wafers to raise output from its Vietnam operations by nearly 40% without adding production lines, as demand from US customers outpaces existing capacity.
AI-driven electricity demand is prompting Century Group to broaden its energy ambitions beyond offshore wind. The group plans to enter the small modular reactor (SMR) supply chain through reactor peripheral equipment and aims to obtain TÜV Rheinland technical and safety certification within three years, positioning itself for what it sees as a major wave of low-carbon power investment tied to AI data centers.
HD Renewable Energy (HDRE) reported first-half 2026 consolidated revenue of NT$3.078 billion (approx. US$95.7 million), along with gross profit of NT$758 million, a gross margin of 24.63%, and operating profit of NT$112 million. The Taiwanese energy group said some second-quarter transactions were delayed, pushing recognition of several 2MW battery storage projects in Japan into the third quarter.