OPmobility has signed a global cooperation letter of intent with Chery Automobiles Co. Ltd., China’s third-largest automotive group and the country’s leading exporter of passenger vehicles. OPmobility will thus support Chery’s international development through its global R&D and production footprint. As part of this cooperation, OPmobility has signed two contracts to provide Chery Automobiles with bumpers in Spain and Brazil starting as early as 2026. Through this long-term partnership, OPmobility pursues notably its geographic diversification s...

According to TrendForce 2025 Global Automotive LED Market- Lighting and Display Product Trend, towards 2025, due to the ongoing uncertainty in the overall economy, greater downward pricing pressure is anticipated in 2025. However, according to TrendForce’s analysis on automotive LED manufacturers’ orders on hand, car production is expected to recover again in 2H25. Additionally, with advanced technologies continuing to be incorporated into car models of 2026, the automotive LED and automotive lighting market value is forecasted to grow to USD 3.451 bill...