"Weekly car news " is a recap of some of the major stories in Taiwan car market last week.

In recent years, the global electric vehicle (EV) market has been experiencing steady growth. However, the European market is facing significant challenges. According to data from the European Automobile Manufacturers’ Association (ACEA), EV market share in Europe declined by one percentage point to 13.6% in 2024. Although it rebounded slightly to 15% in January 2025, the growth rate remains limited. Despite the continuous release of new EV models by European automakers, consumer adoption has not met expectations. How is the EU addressing these challenges?

Market Overview: In February, the overall market saw a significant decline of 21.5% compared to January, primarily due to two days falling within the Lunar New Year holiday and the Peace Memorial Day holiday at the end of the month. Additionally, February has the fewest days of any month in the year. However, compared to February of last year, the market experienced a slight growth of 4.8%, reaching a total of 27,515 units. Most major brands faced a decline this month, but Honda, Ford, and Tesla achieved growth. Among them, Tesla saw the most substantial increase at 162.7%, mainly due to various promotional offers on the current Model Y, successfully attracting consumers. As of the end of February this year, the cumulative number of registered vehicles stands at 62,579 units, reflecting a 12% decline compared to last year. The global economic and political landscape remains volatile due to various international policies from the U.S. Trump administration, along with the ongoing Russia-Ukraine war gradually reaching its final stages. The impact on the overall economy remains to be closely observed. Therefore, for now, we maintain our forecast that the total annual market performance will remain on par with last year.

"Weekly car news " is a recap of some of the major stories in Taiwan car market last week.

A recent report by the U.S.-based cybersecurity company Upstream has revealed alarming trends in the automotive sector. According to the 2024 Cybersecurity Report, the proportion of large-scale cyberattacks surged from 5% in 2023 to 19% in 2024. The scope of cyber threats now extends beyond vehicles to EV charging stations, dealership systems, automotive manufacturers, and the entire supply chain. This highlights an unprecedented cybersecurity crisis in the global automotive industry.

"Weekly car news " is a recap of some of the major stories in Taiwan car market last week.

American EV startup Rivian recently announced that it will launch a hands-off highway driving assistance system in the coming weeks and plans to introduce an eyes-off version in 2026, allowing drivers to completely take their eyes off the road under certain conditions. With this development, Rivian is officially entering the competitive arena of the top-tier U.S. autonomous driving market, challenging industry leaders such as Ford (BlueCruise), GM (SuperCruise), and Tesla (Full Self-Driving).

A recent report by the U.S.-based cybersecurity company Upstream has revealed alarming trends in the automotive sector. According to the 2024 Cybersecurity Report, the proportion of large-scale cyberattacks surged from 5% in 2023 to 19% in 2024. The scope of cyber threats now extends beyond vehicles to EV charging stations, dealership systems, automotive manufacturers, and the entire supply chain. This highlights an unprecedented cybersecurity crisis in the global automotive industry.

Since Donald Trump resumed office as the President of the United States on January 20 this year, his trade policies have once again become a focal point of global attention. In particular, for the automotive industry, Trump recently announced a plan to impose tariffs on imported cars, which could take effect as early as April 2. The goal is to address trade imbalances between the U.S. and other countries in a way that he believes is fairer while also strengthening the global competitiveness of American manufacturing. But what impact will Trump’s proposed automobile tariffs have on the global automotive industry?

The much-anticipated merger between Honda and Nissan, which made headlines across the global automotive industry, has recently been officially called off. This historic negotiation, which had the potential to form the world’s third-largest automotive group, came to an abrupt halt as Honda and Nissan failed to reach a consensus. As a result, Nissan once again finds itself in a survival crisis, urgently needing to seek new partners to stay competitive in the rapidly evolving global electric vehicle market, especially amid the rise of Chinese domestic brands.

In recent years, the global electric vehicle (EV) market has been experiencing steady growth. However, the European market is facing significant challenges. According to data from the European Automobile Manufacturers’ Association (ACEA), EV market share in Europe declined by one percentage point to 13.6% in 2024. Although it rebounded slightly to 15% in January 2025, the growth rate remains limited. Despite the continuous release of new EV models by European automakers, consumer adoption has not met expectations. How is the EU addressing these challenges?

American EV startup Rivian recently announced that it will launch a hands-off highway driving assistance system in the coming weeks and plans to introduce an eyes-off version in 2026, allowing drivers to completely take their eyes off the road under certain conditions. With this development, Rivian is officially entering the competitive arena of the top-tier U.S. autonomous driving market, challenging industry leaders such as Ford (BlueCruise), GM (SuperCruise), and Tesla (Full Self-Driving).

Driver assistance technology has become a crucial competitive selling point in China's electric vehicle market in recent years. Domestic companies have been actively investing in this technology, with notable examples including Huawei’s ADS, Xpeng’s XPILOT, NIO’s NIO Pilot, BYD’s DiPilot, and Li Auto’s Li AD. Among them, Xpeng took a significant step by launching advanced urban road-assisted driving functions in Shanghai and Beijing in March 2023. Facing such competition, Tesla is expected to introduce Full Self-Driving (FSD) in China as early as this year to challenge these rising automakers.

With the Trump administration taking office, it promptly announced significant cuts to electric vehicle subsidies and even declared it would strengthen oil extraction, marking a significant departure from the policies of the Biden era. This has sparked widespread discussion among industry players and consumers. Changes in subsidy policies could not only influence the short-term trajectory of the electric vehicle market but will inevitably also affect the long-term development of the EV industry.