Latest News and Trends

Commentary: Tesla cuts prices in Taiwan, escalating EV price war as tariffs bite

Since April 2025, tariffs imposed by President Donald Trump have cast a long shadow over Taiwan’s car market, dragging down sales for most brands. Premium electric vehicles bore the brunt of the slump, with demand collapsing for models from Volkswagen, Luxgen Motor, and Toyota. In response, these automakers rushed to roll out time-limited discounts in a bid to salvage sales.