company will strengthen its local systems and approaches to customers. Especially in India, North America, and China, it will explore new opportunities with local manufacturers in addition to major Japanese manufacturers. Moreover, in the U.S., there is a growing need for local procurements in the face of the US tariff policy, and the company intends to utilize its production facilities to win more orders. Considering the slowdown in the EV mark...

News  Updated at: 2025/07/09

ubject to emission regulations, the government is now extending similar controls to motorbikes, which remain the primary mode of transport for most Vietnamese. Emission limits will be phased in based on vehicle age. Older models will adhere to more relaxed standards, while newly produced units will face stricter requirements. By July 2026, all newly manufactured motorcycles must meet the highest emission standard (Level 4), with mopeds following ...

News  Updated at: 2025/07/08

BYD Atto 2 electric SUV launched in Vietnam On July 4, 2025, BYD officially launched the all-electric Atto 2 SUV in Vietnam, priced from VND 669 million. Positioned in the B-segment, it sits between the Atto 3 and Dolphin in size, targeting urban drivers.  Built on BYD’s e-Platform 3.0, it features the Dragon Face design with sleek LED lighting and a sporty rear spoiler. Powered by a 174 hp front-mounted electric motor and a 45.12 kWh Blade ba...

News  Updated at: 2025/07/07

petitiveness during the first 12 months of SKD assembly operations. Without this reduction, BYD may continue importing Dolphin Mini, Song Pro, and King models to supplement local supply. Vice President Alexandre Baldy emphasized that companies investing in local production and employment should not face the same tax burden as those only importing finished vehicles. The plant, set to become the largest EV factory in South America, has already hire...

News  Updated at: 2025/07/04

ds occupy a high 92% market share, while the remaining 107 take up only 8%. Based on the status quo, Mr. ZHANG believes that in the future, groups mastering diversified energy technologies will have greater advantages, yet brands relying on a single energy form and with a low production volume will face severe challenges and may even be forced to exit the market or transform. Mr. ZHANG stated that future vehicles will be developed into evolvable ...

News  Updated at: 2025/06/27

ates, of which an estimated USD 3.3 billion had already been made available. U.S. District Judge Tana Lin ordered that funding be released in 14 of the states, but denied granting the preliminary injunction for Washington D.C., Minnesota and Vermont for not providing enough evidence that they would face “irreparable harm”. The order will go into effect July 2 unless the Trump administration appeals. The National Electric Vehicle Infrastructur...

News  Updated at: 2025/06/27

GlobalData blog: Thailand’s automotive market faces critical challenges amidst shifting regional landscape Thailand’s position in the ASEAN automotive landscape is facing increasing pressure as regional dynamics shift. The country experienced a staggering 26% YoY decline in Light Vehicle (LV) sales in 2024, and the outlook for 2025 remains bleak, with a further contraction of 7% YoY experienced in Q1 compared to an already depressed base duri...

News  Updated at: 2025/06/12

Canada’s auto exports drop 17.4% in April amid tariff and trade disruption On June 5, Statistics Canada released figures showing the country posted its largest merchandise trade deficit on record in April at CAD 7.1 billion as exports fell sharply in the face of U.S. tariffs. Statistics Canada said the result for April, the most recent month for which data is available, followed a deficit of CAD 2.3 billion in March. Exports of motor vehicles a...

News  Updated at: 2025/06/12

e sourced from the U.S. However, for the 5 companies that assemble in Canada, the Canadian government introduced a special Motor Vehicle Remission Order reducing or eliminating the impact of the tariffs.  With imports from those 5 companies excluded, the share of vehicles sold in Canada that would face the full 25% tariff falls to less than 9% of the market. For that reason, DAC expects that the impact on Canadian market prices overall be consid...

News  Updated at: 2025/06/05

VW extends U.S. pricing guarantee through June amid tariffs On May 29, it was reported that Volkswagen of America will continue to maintain current vehicle sticker prices now through June as it continues to face the impact of U.S. tariffs. “In an effort to keep vehicles affordable for our customers, the brand will cover today’s increased costs,” VWoA said in a statement, saying it will “make pricing decisions that ensure our vehicles rema...

News  Updated at: 2025/05/31

BYD introduces 2026 Song Plus SUV in Brazil On May 29, BYD officially introduced the 2026 version of the Song Plus and its Premium variant in Brazil. The updated model features a refreshed global design with sharper Dragon Face 3.0 headlights, 19-inch wheels, a redesigned "Heart of Ocean" center console, and a premium audio system by Infinity with a subwoofer. The car is offered in four exterior colors and two interior schemes, including a new Ca...

News  Updated at: 2025/05/30

ial environmental impacts. The suspension, either full or partial, affects sectors such as specific vehicle parts manufacturing, including lead-acid batteries and non-essential accessories, decorations, and equipment that do not impact vehicle performance or safety. Future project applications will face stricter evaluation, with a greater emphasis on verifying that “essential production processes” take place within Thailand. This move aims to...

News  Updated at: 2025/05/20

utomotive parts suppliers went bankrupt. Exports to the U.S. from Japan accounted for 20% of the total export in 2023, of which exports of automobiles and automotive parts reached 34.1%. Since a 25% U.S. tariff is likely to be introduced to automotive parts, the industry as a whole will continue to face a difficult situation, although the Japanese government has begun to consider establishing a consultation service and providing cash flow support...

News  Updated at: 2025/05/16

INA reports 92% of Mexican auto parts comply with USMCA rules On May 12, Gabriel Padilla, Director General of the National Auto Parts Industry (INA), reported that 92% of auto parts produced in Mexico meet USMCA requirements and are exempt from tariffs. The remaining 8% face an average tariff of 27% when exporting to the U.S. A small portion of companies, due to their import reliance, continue to pay a 25% tariff in addition to the Most Favored N...

News  Updated at: 2025/05/16

has met with all union reps from FIM, UILM, FISMIC, and UGLM present on May 14, 2025. The focus was on job security and the Stellantis Termoli plant’s future. The growing concern over the planned closure of the FIRE engine department, which employs about 450 people. The remaining departments also face uncertainty. The 2000cc GME engine is mainly exported to the U.S. but will soon be replaced by a U.S.-made engine, putting jobs at risk. The prod...

News  Updated at: 2025/05/15

U.S. EV tax credit may be eliminated soon in new tax bill U.S. House Speaker Mike Johnson recently said that the electric vehicle tax credit was more than likely headed for dismantling, stating, “I think there is a better chance we kill it than save it.” House Republicans hope to cut USD 2 trillion in spending in the face of USD 4.5 trillion in lost revenue as a result of Trump’s forthcoming tax cuts. Although Johnson stopped short of confi...

News  Updated at: 2025/05/13

HarmonyOS cockpit, Ascend/Kirin chips, and LiDAR – establishing an “Auto Wintel” ecosystem. Impact For Car Companies, Huawei offers: Cost Efficiency: faster R&D cycles, lower hardware (e.g., LiDAR) costs. Rapid Updates: Full-stack optimization enables 2-3x faster OTA iterations. Car Brands Face a Tough Choice Use Huawei’s full package (fast but lose independence, 11+ brands such as AITO, AVATR, BAIC). Self-develop (slow and expensive,...

News  Updated at: 2025/05/09

GM to face technical stoppage at Ramos Arizpe plant in Mexico On April 29, it was confirmed there would be a technical stoppage at the GM plant in Ramos Arizpe. The halt in production is scheduled from April 28 to May 2, affecting 3,500 workers. The pause was agreed upon between the company and the union to prevent layoffs amid ongoing uncertainty caused by new tariff adjustments. Work is set to resume on May 5. Tereso Medina Ramírez, secretary ...

News  Updated at: 2025/05/01

A) welcomed the European Commission’s Carbon Border Adjustment Mechanism (CBAM), which will help to meet climate goals and complements the Emissions Trading System (ETS). However, it could raise supply chain costs and hurt competitiveness. ACEA warns against expanding CBAM to sectors that don’t face carbon leakage risks. The group also says the system creates a heavy administrative burden and urgently needs simplification. In its CBAM simplif...

News  Updated at: 2025/04/29

Auto Shanghai 2025: FORVIA - Smart Eye unveil first in-car iris and facial biometric authentication FORVIA presented a secure biometric authentication in vehicles at Auto Shanghai 2025. Developed in collaboration with Smart Eye, the solution leverages iris and face recognition technology via the existing Driving Monitoring System (DMS) camera for customer authentication. It enables seamlessly secure payments without additional user input. Both co...

News  Updated at: 2025/04/24