JapanAutomotive

Hon Hai's Bold Move to Produce Electric Vehicles for Japan's Auto Industry

1 month ago

Hon Hai Technology Group, widely recognized for its role as a major supplier to Apple Inc., has set its sights on entering the electric vehicle (EV) market in Japan. During a recent press event held in Tokyo, the company's leadership laid out a comprehensive plan to collaborate with Japanese automotive manufacturers, aiming to revolutionize the regional EV landscape.

Goldman's Insights: Minimal Impact from Trump's Proposed $25 Billion Tariffs on Japanese Auto Industry

2 months ago

Goldman Sachs has recently assessed the potential implications of former President Donald Trump's newly proposed tariffs on Japanese automobiles, totaling $25 billion. The financial powerhouse believes these tariffs will have a limited effect on the broader automotive sector and the global economy. Despite the potential for significant headlines, the firm's analysis suggests that the market might not react as negatively as one might expect.