VKTR underscores EV ecosystem push in Central Java, Indonesia amid leadership transition On May 13, 2026, PT VKTR Teknologi Mobilitas Tbk announced a planned leadership transition following the resignation of President Director Gilarsi Wahju Setijono, effective after shareholder approval on May 19. The company said the change is part of routine governance and will not impact operations or strategic direction. VKTR also reaffirmed its long-term st...

News  Updated at: 2026/05/18

Mexican government presents Olinia EV prototype On May 13, Claudia Sheinbaum presented the prototype of Olinia, a Mexican-developed electric mini-vehicle designed for urban and rural mobility, as part of a broader strategy to establish a domestic automotive brand in Mexico. The vehicle is aimed at providing an affordable, zero-emission mobility solution tailored to local conditions, including narrow streets and mixed-use transportation needs. It ...

News  Updated at: 2026/05/15

Honda to introduce 15 HEV models globally by FY2029 to rebuild automobile business On May 14, Honda Motor Co., Ltd. held a business briefing to elaborate on the rebuilding of its automobile business and the future direction of Honda business. Honda will focus on rebuilding its automobile business structure over the next three years and strive to achieve record consolidated operating profit – including motorcycle and financial services businesse...

News  Updated at: 2026/05/15

ut of the Kia brand in Japan, the first arrival of its PBV (Platform Beyond Vehicle) electric van lineup in Japan, and the opening of its first directly managed dealership in Japan. ・ The venue was Kia PBV Nishi Tokyo, the first directly managed dealership, located in Nishi Tokyo City, Tokyo. The event included a ribbon-cutting ceremony and presentations by the Executive Vice President of Kia Corporation (Kia), Mr. Sangdae Kim and Kia PBV Japan...

News  Updated at: 2026/05/15

Honda revises electrification strategy, plans to launch 15 next-generation hybrid models by FY 2029 On May 14, Honda Motor Co., Ltd. (Honda) announced a new business strategy centered on hybrid vehicles (HVs). The company plans to introduce next-generation HVs from 2027 onward, launching 15 models globally by fiscal year 2029. Meanwhile, it has withdrawn its goal of making all new vehicle sales consist of electric vehicles (EVs) and fuel cell veh...

News  Updated at: 2026/05/15

Honda Canada confirms EV production plans suspended indefinitely On May 14, Honda Canada confirmed it has indefinitely suspended its plans for a CAD 15-billion EV complex in Ontario. “Based on our revised strategic objectives, we have determined that an indefinite suspension of the value chain project is appropriate at this stage,” Honda said in its statement. Honda said it made the decision in response to evolving changes in business conditi...

News  Updated at: 2026/05/15

Mazda cuts electrification investment by 25%, expands hybrid lineup and launch Thai-made SUV in Japan as all-new CX-3 Mazda Motor Corporation (Mazda) announced on May 12 that it will reduce its electrification-related investment by 2030 to the level of JPY 1.2 trillion. This represents a 25% reduction from the plan announced in March 2025, taking into account factors such as the slowdown in electric vehicle (EV) sales in the US market. The compan...

News  Updated at: 2026/05/13

General Motors and Al Mansour Automotive relaunch Cadillac in Egypt On May 11, General Motors, in partnership with Al Mansour Automotive, announced the official return of Cadillac to the Egypt market with a new EV-led luxury lineup. The new portfolio brings the latest next-generation Cadillac cars to Egypt, including the Cadillac OPTIQ, Cadillac LYRIQ, Cadillac VISTIQ, Cadillac Escalade IQ, Cadillac Escalade IQL, along with the iconic Cadillac Es...

News  Updated at: 2026/05/12

Sony scales back its EV collaboration with Honda, but will not give up dream of entering mobility business Sony Group Corporation President and Chief Executive Officer (CEO) Totoki Hiroki reiterated at an online press conference held on May 8 the company’s willingness to enter the mobility sector, although it will drastically reduce the business of Sony Honda Mobility Inc. (SHM), a joint venture of electric vehicles (EVs) with Honda Motor Co., ...

News  Updated at: 2026/05/11

Mercedes-Benz increases all-electric GLC EV production at Bremen plant On May 6, Mercedes-Benz announced the production ramp-up of the all-new electric GLC at its Bremen plant in Germany, marking a key step in the company’s electrification strategy. The model, which debuted in September 2025, is being manufactured alongside combustion-engine, hybrid, and electric vehicles on the same production line, highlighting the plant’s flexibility and i...

News  Updated at: 2026/05/07

Honda reportedly ends CAD 15 billion EV factory plans in Canada On May 5, Nikkei Asia and multiple sources reported that Honda has decided to shelve its planned CAD 15 billion (USD 11 billion) EV and battery manufacturing hub in Ontario, Canada, due to slow demand to put hybrids at the center of its North American strategy. The Honda plant was slated to begin operating as early as 2028. When Honda announced the Alliston, Ontario project in April ...

News  Updated at: 2026/05/07

MG Motor Malaysia sales accelerate in Q1 2026 on expansion, EV strategy Reported on May 6, 2026, MG Motor Malaysia posted sales of 807 vehicles in Q1 2026, up 57% from Q4 2025 and 39% YoY, reflecting rising demand and stronger brand traction. Growth was supported by product expansion, network development, and localization efforts as the company marked its second year in Malaysia. Among key drivers was the launch of the locally assembled MG S5 EV ...

News  Updated at: 2026/05/06

Auto China 2026: GAC Group upgrades global strategy, targets 1 million annual sales by 2030; full lineup of sub-brands showcased On April 26, GAC Group hosted a global launch event at Auto China 2026 to announce an upgrade of its global strategic framework. GAC showcased its full lineup of independent sub-brands including Trumpchi, Aion, Hyptec, and the new premium brand Aistaland, unveiling five new models as well as a new logo for the Aion bran...

News  Updated at: 2026/05/06

Rivian increases planned capacity for new plant in Rutledge, Georgia On April 30, Rivian announced within its Q1 2026 earnings report revisions to plans for its new plant being built in Rutledge, Georgia, an important part of the company’s strategy to increase output of the new R2 midsize SUV that recently began serial production in Normal, Illinois. Rivian has made the decision to increase the initial production capacity of its Georgia plant b...

News  Updated at: 2026/05/02

[Exclusive Interview] AAPICO’s strategy vision and developments for EV in Thai market Demand for Electric Vehicles (EVs) is increasing rapidly in the ASEAN market, especially in Thailand, driven by the expansion of Chinese OEMs. In an exclusive interview, Mr. Viroj Patcharawattanakul, Chief Marketing Officer (CMO) of AAPICO Hitech Public Co., Ltd. (AAPICO), shared how the company is leveraging its core competencies to remain competitive and evo...

News  Updated at: 2026/04/30

Thailand proposes 1-year renewal of 80% EV annual tax reduction Reported on April 26, 2026, Thailand is set to renew support for electric vehicles through a proposed one-year extension of an 80% reduction in annual tax incentives after the previous scheme expired in late 2025. The initiative follows stronger-than-expected EV adoption, driven by higher fuel costs and rising demand for lower-emission transportation.  Thai transport authorities hav...

News  Updated at: 2026/04/29

EBRO introduces new compact electric city car prototype ahead of 2026 production in Spain On April 27, EBRO announced that it is preparing a new fully electric city car (currently a prototype) to expand its EV lineup. It is designed for urban use, focusing on practicality, affordability, and efficiency. The final name and full details will be revealed at launch next winter. The production model will be built at the Zona Franca industrial park in ...

News  Updated at: 2026/04/28

[Exclusive Interview] CAR, Germany: Expert's outlook on China Strategy, SDVs, and regulatory trends (1) At the Car IT Symposium 2026, which took place in Ingolstadt, Germany from March 26 to 27, 2026, MarkLines interviewed Beatrix C. Keim, Director at the CAR – Center Automotive Research, Duisburg (D+S Automotive GmbH) (hereinafter "CAR"), about the structural changes reshaping the global automotive industry. Topics ranged from European OEM str...

News  Updated at: 2026/04/28

SML Mahindra, India to launch electric bus by FY 2027, outlines post-acquisition strategy On April 20, in an investor update, SML Mahindra confirmed that its first electric bus will launch within FY 2027 (ending March 2027), with work ongoing on EV aggregates and powertrain strategy. For heavy trucks, management sees hydrogen fuel cells as the more viable long-term green technology rather than pure electric. Three new products have been launched ...

News  Updated at: 2026/04/27

Auto China 2026: LEPAS unveils NEV strategy and product portfolio On April 24, LEPAS, Chery Group’s all-new premium NEV brand, made its premiere at Auto China 2026 under the theme “Elegance Moves the World”. The brand unveiled its NEV strategy and introduced its product portfolio, including the LEPAS L6 EV, LEPAS L4 EV, and LEPAS L6 PHEV. The models are built on the LEX intelligent NEV platform. At Auto China 2026, three models were introdu...

News  Updated at: 2026/04/27