Hyundai to launch 36 new models in North America by 2030 On March 26, Hyundai Chief Executive Jose Muñoz told shareholders at the company’s annual general meeting that the company plans to launch 36 new models in North America by 2030, up from the 25 it currently sells, in a manufacturing strategy that shows the brand’s long‑term commitment to the U.S., Canada, and Mexico.  The 36 all‑new or significantly enhanced models the company wil...

News  Updated at: 2026/03/27

BIMS 2026: GAC outlines Thailand strategy; GAC CARE debuts overseas Announced on March 25, 2026, GAC outlined a new phase for its Thailand operations at the 47th Bangkok International Motor Show, presenting the upgraded “Thailand Action 2.0” strategy. The plan positions Thailand not just as a sales market, but as a future regional export hub, supported by continued model rollouts from 2026 and deeper localization. GAC also launched GAC CARE, ...

News  Updated at: 2026/03/26

X have already become niche products within Tesla’s lineup—accounting for a small share of global deliveries compared to the high-volume Model 3 and Y—making Fremont a logical site for experimentation. While the decision may appear abrupt, it is broadly consistent with Tesla’s long-standing strategy of pursuing disruptive technologies. Several other automakers and technology firms are also exploring humanoid robots, though few have commit...

News  Updated at: 2026/03/23

BOI promotes Thailand’s EV and battery opportunities to investors during March Hong Kong roadshow Announced on March 13, 2026, Thailand’s Board of Investment (BOI) highlighted EV and battery supply chain opportunities at The Battery Show Asia 2026 in Hong Kong during its roadshow held from March 11 to 12, which also featured the “Thailand: Investment Gateway and Global Talent Hub” seminar. The BOI Secretary General emphasized Thailand’s...

News  Updated at: 2026/03/20

Isuzu commits to advancing Thailand’s carbon neutrality; D-Max EV local launch in March Announced on March 17, 2026, Isuzu highlighted its commitment to advancing Thailand’s carbon neutrality and EV hub ambitions under its “Multi-pathways to Carbon Neutrality” strategy, introduced in 2024. Key developments in Thailand include the launch of the Isuzu D-Max MHEV in November 2024, the upcoming local sale of the Isuzu D-Max EV in March 2026 (...

News  Updated at: 2026/03/18

[Exclusive Interview] TPR’s Global Vision and Challenge Toward Next-Generation Technologies Amid growing uncertainty in the automotive industry driven by geopolitical risks and the transition toward electrification, how can major component suppliers chart a path forward? In an exclusive interview, TPR Co., Ltd. (TPR) Chairman and CEO Hiroshi Suehiro shared insights into the company’s global strategy across 13 countries, its direction in key m...

News  Updated at: 2026/03/18

BMW annual conference 2026 Q&A: Strategy for next phase of electrification and industry transformation On March 12, the BMW AG held the Annual Conference 2026, followed by a Q&A session, and the Analyst and Investor Q&A. The Q&A session was presented by Mr. Oliver Zipse, present CEO,  Mr. Walter Mertl, CFO and other executives.  Q1. What are your expectations for the upcoming i3 and what is its significance for BMW? What concerns do you have ab...

News  Updated at: 2026/03/16

Wuling Thailand targets 8,000 sales in 2026 with 5 new EV models planned Reported on March 9, 2026, EV Primus, a multi-brand EV distributor in Thailand, has launched two Wuling models: the Air EV city car and the Binguo EV, which initially attracted strong consumer interest due to its competitive pricing but later faced pressure from Thailand’s EV price war. EV Primus recently strengthened its strategy by forming a joint venture with SAIC-GM-Wu...

News  Updated at: 2026/03/13

Honda EV strategy change: Suppliers divided, some seek compensation On March 12, Honda Motor Co., Ltd. (Honda) announced the suspension of the development and market launch of three BEV models planned for production in North America. Honda expects to record a total loss of up to JPY 2.5 trillion in the current fiscal year and the fiscal year ending March 2027 as a result of reviewing its four-wheel electrification strategy. Of this amount, JPY 1....

News  Updated at: 2026/03/13

Honda plans new roadmap as 2040 EV/FCV goal looks unlikely Honda Motor Co., Ltd. (Honda) announced on March 12 that it will revise its goal of making all new car sales in 2040 electric or fuel cell vehicles. President Toshihiro Mibe said, "In reality, we believe it will be difficult to achieve this goal. We are currently redrawing our long-term roadmap," he said. The company plans to outline its concrete direction at a press conference in May. Ho...

News  Updated at: 2026/03/13

Honda plants in U.S. affected by recent EV cancellations On March 12, Honda Motor Co. announced that it expects its loss for the 2025 fiscal year ending March 2026 to be up to JPY 690 billion as a result of a number of factors, including recent changes in the business environment concerning electric vehicles. As part of the company’s reassessment of its electrification strategy, Honda has decided to further strengthen its hybrid models, but can...

News  Updated at: 2026/03/13

Honda cuts FY2025 forecast, expects up to JPY 690 billion net loss as it reviews EV strategy On March 12, Honda Motor Co., Ltd. (Honda) announced that it expects its loss for the year attributable to owners of the parent (under IFRS) to be up to JPY 690 billion for the fiscal year ending March 2026. This represents a downward revision of up to JPY 990 billion from its previous forecast of a net profit of JPY 300 billion, a 64% decrease from the p...

News  Updated at: 2026/03/12

Volkswagen Group annual conference 2026 Q&A: Strengthening cost efficiency while navigating regulatory and global market changes On March 10, Volkswagen Group held the Annual Media, Analyst and Investor Conference. The event was presented by Mr. Oliver Blume CEO and Mr. Arno Antlitz CFO & COO. Main Q&As Q1. What specific cost cutting measures are you considering to meet the Vision 2030 targets? A. [Oliver Blume CEO] Over the past three years we h...

News  Updated at: 2026/03/12

South Korea’s Daeho AL to strengthen EV and secondary battery material business Several South Korean media outlets reported that South Korea’s Daeho AL Co., Ltd. announced plans to strengthen its electric vehicle (EV) and secondary battery material businesses. The company plans to move away from its conventional business structure centered on standard products and to focus on developing high-strength, high-precision aluminum materials, while ...

News  Updated at: 2026/03/12

Renault to develop next-gen EV platform and SDV under futuREady strategy On March 10, Renault Group announced that it will use its own engineering expertise along with support from suppliers to improve innovation and develop new technologies in the new “futuREady” strategic plan. Renault will develop the next generation of C-segment electric vehicles that offer high efficiency and the best balance between range and cost. These vehicles will ...

News  Updated at: 2026/03/10

MG S5 EV enters local assembly in Malaysia at EPMB Pegoh plant; bookings open Reported on March 10, 2026, SAIC Motor Malaysia has begun local assembly of the MG S5 EV, with the first CKD unit produced at EPMB’s Plant 2 in Pegoh, Melaka. The model is MG’s first locally assembled vehicle in Malaysia and supports the company’s localization strategy and the local EV supply chain. Production is expected to reach 120–180 units per month, or 1,5...

News  Updated at: 2026/03/10

BMW Group, CATL to jointly promote carbon reduction across power battery supply chain BMW Group signed a memorandum of understanding with Contemporary Amperex Technology Co., Ltd. (CATL) for cooperation on carbon reduction across the power battery supply chain to systematically reduce EV carbon footprints and deepen sustainable development. BMW Group emphasized the importance of open cooperation and innovation on industry development and referre...

News  Updated at: 2026/02/27

Geely’s Riddara plans new EV pickup launch in Thailand, studies local plant Reported on February 26, 2026, Riddara Automobile (Thailand) Co., Ltd. outlined its 2026 strategy, including plans to expand its lineup with another fully electric pickup model to complement the existing RD6 and ECON models. The new additions, including single-cab versions, will target fleet operators and family buyers. The company is also studying the feasibility of es...

News  Updated at: 2026/02/27

Stellantis reports first annual loss in 2025 after EV write down, turnaround strategy in place On February 26, Stellantis N.V. reported its full year 2025 results, with net revenues of EUR 153.5 billion, down 2% from 2024 and a net loss of EUR 22.3 billion, driven by EUR 25.4 billion in unusual charges related to a strategic shift in EV sales and investment that were corrected in the second half. The company had an adjusted operating loss of EUR ...

News  Updated at: 2026/02/27

MG Thailand outlines 2026 Dual Track strategy with new model launches Announced on February 25, 2026, SAIC Motor-CP Co., Ltd. and MG Sales (Thailand) outlined MG’s 2026 direction, setting a sales target of 30,000 units and a 5% market share as the brand aims to rise from the top five into Thailand’s top three automotive brands in its second decade. In 2025, MG’s total sales reached 27,007 units, marking an increase of around 57% YoY. Centra...

News  Updated at: 2026/02/26