As China’s auto market races deeper into the electric-vehicle era, Japanese automakers that once dominated the country through powerful joint ventures are beginning to show signs of recovery after years of steep decline. Their turnaround, industry executives say, has come only after embracing a strategy once considered unthinkable: building cars that look, feel, and are priced much more like Chinese domestic brands.

Taiwan and China’s wafer foundry industry off-season was not slow, and the price hike effect will drive up cross-strait industry revenues in the second quarter of 2026 and full-year 2026.

Chinese automakers are rapidly gaining ground in Europe’s electric-vehicle market, underscoring a transformation from low-cost challengers into formidable global competitors.