RAC Electric Vehicles, the Taiwan-based electric bus manufacturer, has announced its intention to file for an IPO on Taiwan’s Emerging Stock Market by the end of 2025. The company plans to become the first electric vehicle (EV) maker in Taiwan to achieve publicly listed status with annual profitability, targeting a listing in the first quarter of 2026.

As Samsung Electronics aims to make 2025 the “Year of AI TV,” LG Electronics is also leveraging differentiated AI features to solidify South Korea’s leadership in the global television market. Both companies are strategically focusing on AI-driven technologies as a means to combat the rising threat of Chinese brands that continue to challenge the market with aggressive, low-price competition.

Taiwan-based heavy electrical equipment maker Fortune Electric has become the first Taiwanese company to secure a contract under the US Stargate Project, a US$500 billion AI infrastructure program initiated by President Donald Trump. The company has won a NT$2 billion (approx. US$67.57 million) power transformer order for the project’s first-phase development in Texas.