South Korean AV startup brings self-driving shuttles to Singapore with Grab

As autonomous vehicle (AV) companies worldwide race to accelerate commercialization, Singapore has established itself as a premier proving ground for self-driving technology. South Korean autonomous shuttle startup Autonomous A2Z has seized on Singapore’s robust regulatory framework and advanced infrastructure to launch its first overseas operation, partnering with ride-hailing giant Grab to deploy self-driving shuttle services on public roads in Singapore’s bustling downtown.

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Yageo again extends Shibaura tender deadline ahead of crucial Taiwan talks

Yageo has extended the deadline for its tender offer to acquire Japan’s Shibaura Electronics for a fifth time, citing ongoing regulatory review under Japan’s Foreign Exchange and Foreign Trade Act. The Taiwan-based passive components giant now expects to complete the share acquisition by August 1, 2025, according to a company statement released on July 15.

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Copper shock: auto industry faces cost surge under new tariff

President Donald Trump’s latest tariff announcement — a proposed 50% duty on copper imports to take effect in August — is sending shockwaves through the American auto industry, which is already strained by rising material costs. Industry analysts warn the move could trigger a fresh wave of price increases for vehicles, as financial pressures ripple down through the supply chain.

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China restricts cathode material technology exports; LMFP becomes strategic resource, says HCM

Leading battery cathode material manufacturer HCM announced that China’s Ministry of Commerce has officially imposed export restrictions on “battery cathode material preparation technology.” HCM is actively establishing a demonstration production line for lithium manganese iron phosphate (LMFP), highlighting Taiwan’s increasingly important role in energy autonomy policy.

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European automakers confront Trump 2.0 tariff reality

The Trump administration has unveiled the second wave of reciprocal tariffs, escalating trade tensions with the European Union. Under the latest announcement, tariffs on EU imports will increase by 10% to 30%, taking effect in August 2025. In response, the EU has finalized a retaliatory tariff list targeting American goods, including Boeing aircraft, automobiles, and whiskey.

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EV disputes remain a roadblock to EU-China relations

As the European Union and China prepare to celebrate the 50th anniversary of their diplomatic relations with a high-level summit in Beijing at the end of July 2025, the atmosphere behind closed doors is far from festive. The main issue at hand is the tariffs on Chinese electric vehicles (EVs), which have become a contentious point in the increasingly complex trade relationship between the EU and China.

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