China to strive for FCEV ownership of 100,000 units by 2030 On March 16, China’s Ministry of Industry and Information Technology (MIIT) issued a notification on pilot projects for comprehensive hydrogen energy applications with two other government bodies. The notification specifies that by 2030, China will strive for a fuel cell electric vehicle (FCEV) ownership of 100,000 units. With the construction of hydrogen energy expressways and hydroge...

News  Updated at: 2026/03/18

All-new Hyundai NEXO FCV with three grades to be released in Japan in early April It was reported that Hyundai Mobility Japan Co., Ltd. (Nishi Ward, Yokohama City) will release its all-new NEXO fuel-cell vehicle (FCV) in Japan in early April. The NEXO FCV will be offered with three grades and will be priced from JPY 7.5 million. The high grade will be JPY 8.2 million, and the grade with enhanced equipment will be JPY 8.35 million (including consu...

News  Updated at: 2026/03/18

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

model, BEV (battery electric vehicle) production and sales volumes totaled 458,000 units and 484,000 units, down 16.1% y/y and 10.9% y/y, respectively; PHV (plug-in hybrid vehicle) production and sales volumes totaled 236,000 units and 280,000 units, down 30.7% y/y and 19.4% y/y, respectively; and FCV (fuel cell vehicle) production and sales volumes totaled 80 units and 300 units, down 48.8% y/y and up 153.3% y/y, respectively. YTD NEV productio...

News  Updated at: 2026/03/12

y, BEV (battery electric vehicle) production and sales volumes totaled 659,000 units and 597,000 units, up 3.8% y/y and 4.0% y/y, respectively; PHV (plug-in hybrid vehicle) production and sales volumes totaled 382,000 units and 348,000 units, with production up 0.5% y/y and sales down 5.9% y/y; and FCV (fuel cell vehicle) production and sales volumes totaled 51 units and 70 units, down 13.6% y/y and 47.0% y/y, respectively. In January, vehicle ex...

News  Updated at: 2026/02/12

South Korea’s Younghwa Tech wins order from Hyundai Motor for FCV components South Korea’s Younghwa Tech Co., Ltd. announced that it has won an order from Hyundai Motor Company for high-voltage DC-DC converters and power distribution units for fuel cell vehicles (FCVs). The contract is valid from February 2026 to December 2033, and the sales under the deal are expected to reach KRW 198.56 billion (JPY 21.84 billion). Younghwa Tech will delive...

News  Updated at: 2026/02/06

Hankook Tire to supply OE tires for Hyundai Nexo for European market Hankook Tire & Technology Co., Ltd. announced that it would supply its Ventus S1 evo3 ev, a high-performance tire dedicated to electric vehicles (EVs), as original equipment (OE) tires for Hyundai Motor's next-generation fuel cell electric vehicle (FCEV), the Nexo for the European market. The tire size is 18 inches. The Ventus S1 evo3 ev ensures significantly lower rolling resis...

News  Updated at: 2026/01/29

Global EV sales down 2.6% to 1.8 million units in December, up 18.0% to 18.1 million units in 2025 On January 23, MarkLines announced that global electric vehicles (including EV, PHV and FCV) sales in December decreased 2.6% YoY to 1.77 million units.  In 2025, total EV sales increased 18.0% YoY to 18.12 million units. EVs accounted for 30.5% of total sales in December down 1.5% point from the previous month. In 2025, EV share was 27.7%.  In De...

News  Updated at: 2026/01/26

ompanies exhibiting and the number of visitors is expected to reach 92,000. ・ Seven specialized shows are held within Automotive World, with each having its own section for exhibits. These are: The 18th CAR-ELE JAPAN International Automotive Electronics Technology Expo; the 17th EV JAPAN EV, HV & FCV Technology Expo; the 14th Connected Car Japan Expo; the 12th CAR MECHA JAPAN Automotive Components & Processing Technology Expo; the 9th Autonomou...

News  Updated at: 2026/01/22

V (battery electric vehicle) production and sales volumes totaled 1.12 million units and 1.108 million units, up 18.9% y/y and 13.8% y/y, respectively; PHV (plug-in hybrid vehicle) production and sales volumes totaled 595,000 units and 599,000 units, up 1.2% y/y and down 3.7% y/y, respectively; and FCV (fuel cell vehicle) production and sales volumes totaled 3,000 units and 4,000 units, up 952.6% y/y and 1,238.4% y/y, respectively. YTD NEV produc...

News  Updated at: 2026/01/15

Global EV sales up 5.3％ to 1.85 million units in November On December 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in November increased 5.3% YoY to 1.85 million units. In the first eleven months of 2025, total EV sales increased 20.7% YoY to 16.35 million units.  EVs accounted for 31.9% of total sales in November, up 1.4% point from the previous month. In November, China leads the EV sales with 1,42...

News  Updated at: 2025/12/26

government has decided to revise the “Subsidies to Promote the Introduction of Clean Energy Vehicles (CEV Subsidies)” policy from January 2026. Tokyo is making a final adjustment to raise the subsidy cap for electric vehicle (EV) purchases from JPY 900,000 to JPY 1,300,000 and lower the cap for fuel cell vehicle (FCV) purchases from JPY 2,550,000 to JPY 1,500,000. This will reduce the variance between subsidies for EVs and FCVs, which Washing...

News  Updated at: 2025/12/19

Honda recalls 2025 CR-V e:FCEVs in U.S. over fuel cell stack coolant leak On December 17, Honda announced it is recalling 388 CR-V e:FCEV vehicles in the U.S. due to a fuel cell stack coolant leak that can create an internal short circuit, potentially causing loss of drive power. The recall affects 388 2025 model year vehicles produced between June 3, 2024 and March 26, 2025. The Honda CR-V e:FCEV is sold exclusively in California, and is produc...

News  Updated at: 2025/12/19

d a strategic investment in FirstElement Fuel, Inc., (FEF) the largest retail hydrogen fueling infrastructure provider in California, with 92 retail fueling positions across 38 locations. TMNA and FEF aim to strengthen infrastructure for current and future generations of fuel cell electric vehicle (FCEV) drivers. Toyota is committed to advancing sustainable, next-generation mobility through its Toyota and Lexus brands, plus its more than 1,800 de...

News  Updated at: 2025/12/16

and Renewable Energy (MNRE) launched a pilot project to test hydrogen fuel‑cell mobility in India, under a memorandum of understanding between the National Institute of Solar Energy (NISE) and Toyota Kirloskar Motor centered on real‑world trials of the Toyota Mirai fuel‑cell electric vehicle (FCEV). As part of the initiative, Toyota handed over a second‑generation Mirai to NISE. Under the MoU, NISE will conduct a two‑year evaluation of ...

News  Updated at: 2025/12/12

, BEV (battery electric vehicle) production and sales volumes totaled 1.194 million units and 1.170 million units, up 26.6% y/y and 28.9% y/y, respectively; PHV (plug-in hybrid vehicle) production and sales volumes totaled 684,000 units and 652,000 units, up 9.8% y/y and 7.9% y/y, respectively; and FCV (fuel cell vehicle) production and sales volumes both totaled 1,000 units, up 237.4% y/y and 177.2% y/y, respectively. YTD NEV production and sale...

News  Updated at: 2025/12/12

ating their fuel cell initiatives predominantly on Heavy-Duty Commercial Vehicles and specialized Passenger Car development, while also placing significant importance on collaboration and external partnerships to advance the hydrogen ecosystem. As such, we do not expect Fuel Cell Electric Vehicles (FCEVs) to gain a meaningful market share this decade, even though BMW plans to introduce its FCEV in the LV market, with production scheduled to comme...

News  Updated at: 2025/12/05

th an investment exceeding BRL 30 million. Under the agreement, Honda will contribute to research, technology demonstrations, and feasibility studies aimed at expanding hydrogen-based applications in both urban mobility and industrial use. Technical testing will be carried out with Honda’s CR-V e:FCEV, a plug-in hybrid SUV equipped with a hydrogen fuel cell, over a six-month period. Both companies emphasized that the initiative supports their s...

News  Updated at: 2025/12/02

Global EV sales up 10.5％ to 1.78 million units in October On November 26, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in October increased 10.5% YoY to 1.78 million units. In the first ten months of 2025, total EV sales increased 22.9% YoY to 14.49 million units. EVs accounted for 30.4% of total sales in October, down 1.2% point from the previous month. In October, China leads the EV sales with 1,375 tho...

News  Updated at: 2025/11/26

, with zero emission fleet vehicles, hydrogen innovation, commercial delivery platforms, and integrated fleet services, including: Rivian: Presenting next-generation commercial vans and electrified service tools designed for high utilization fleet operations. Honda: Featuring the production CR-V e:FCEV, the first production plug-in hydrogen fuel cell electric vehicle in the United States. GM Envolve: Demonstrating a technology platform for fleet...

News  Updated at: 2025/11/18