ries E Cumulative Compulsorily Convertible Preference Shares in Euler Motors for INR 2.1 billion, part of a broader INR 2.75 billion additional investment approved in February 2026. Post acquisition, Hero MotoCorp holds 36.67% of Euler Motors on a fully diluted basis, up from its earlier associate-level stake. Euler Motors is a Bengaluru-based electric commercial vehicle startup with a portfolio spanning electric three-wheelers, the Storm EV intr...

News  Updated at: 2026/04/02

ic Synchronicity” (Press Day/VIP Day: March 23 for vehicle brands and March 24 for motorcycle brands). International automotive brands participating in the show include Chinese marques such as NIO (including Firefly), Zeekr, XPeng, MG, GWM, BYD and Denza, GAC Group, Changan Automobile (including Nevo, Deepal and Avatr), Geely, Chery (Omoda & Jaecoo and Lepas), Dongfeng Motor (Forthing), Maxus, and Geely Riddara; Japanese brands including Toyota...

News  Updated at: 2026/03/23

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

JPJ reveals Malaysia’s top EV registrations in February 2026, rankings by brand and model Reported on March 10, 2026, Malaysian Road Transport Department (JPJ) data showed Proton maintaining its lead in the country’s EV market (by brand) in February 2026 with 1,802 registrations, ahead of BYD (469), iCaur (294), MG (206), and Zeekr (191).  The rest of the top 10 included Tesla (144), Leapmotor (90), XPeng (75), TQ Wuling (66), and Volvo (46)...

News  Updated at: 2026/03/13

February 2026 electrified vehicle sales in Japan: EVs up 77% New electric vehicle (EV) sales in Japan for February 2026 (passenger cars, total of mini-vehicles and registered vehicles (vehicles other than mini-vehicles)) increased 77.4% year-on-year (y/y) to 7,790 units, marking the sixth consecutive month of growth. While the passenger car market slowed (down 7.3% y/y), the continued effect of new model launches by Toyota Motor Corporation and H...

News  Updated at: 2026/03/10

Honda Super-One compact EV to be released in 2026 with 10,000 unit annual target It was revealed that Honda Motor Co., Ltd. (Honda) had set an annual sales target for the Super-One, a compact electric vehicle (EV) model to be launched in Japan in 2026, at 10,000 units. The model features simulated engine sounds and virtual stepped gear shift control that reproduces gear changes, pursuing a driving feel similar to that of gasoline powered sports m...

News  Updated at: 2026/03/05

JPJ reveals Malaysia’s top EV registrations in January 2026, rankings by brand and model Reported on February 11, 2026, Malaysian Road Transport Department (JPJ) data showed Proton leading the country’s EV market (by brand) in January 2026 with 3,276 registrations, far ahead of BYD (913), Zeekr (489), and iCaur (451). The rest of the top 10 included Tesla (176), Leapmotor (171), MG (169), XPeng (97), Mercedes-Benz (83), and Denza (55), while...

News  Updated at: 2026/02/17

January electrified vehicle sales in Japan see robust EV sales Sales of electric vehicles (EVs) have been buoyant in Japan. New EV sales (passenger cars, registered vehicles, and mini vehicles) in January 2026 significantly increased by 42.7% year-over-year (y/y) to 6,511 units, while total passenger car sales declined by 6.2% y/y. The ratio of EV sales to total passenger car sales increased by 0.7 percentage points y/y to 2.1%. The robust EV sal...

News  Updated at: 2026/02/17

Tsuyo Manufacturing, India launches e‑3W AMT and magnet‑less motor for commercial EVs On February 14, 2026, TSUYO Manufacturing Pvt. Ltd. launched a new portfolio of EV powertrain technologies for electric three‑wheelers and light commercial vehicles, centred on its Gen 3.0 Interior Permanent Magnet (IPM) motor and controller architecture designed for better thermal management, durability, and easier servicing. The Gen 3.0 platform adds ext...

News  Updated at: 2026/02/16

ctured in China. In 2025, Chinese vehicles accounted for 25.4% of total Mexican sales, up 4.6 pp compared to 2023. Over the same period, Chinese OEMs, such as BYD, Great Wall Motor, and Chery Group expanded their presence to claim a combined market share of 14.5%, a 4.5 pp gain from 2023. With the review of the United States-Mexico-Canada Agreement (USMCA) approaching in 2026, pressure to address the growing presence of Chinese vehicles in Mexico...

News  Updated at: 2026/01/30

GlobalData blog: Brussels Motor Show 2026: Taking up the mantle from Geneva Now one of Europe’s premiere auto events after the effective demise of the Geneva International Motor Show, the 102nd edition of the Brussels Motor Show—packed with dazzling concept cars, world debuts and a record-breaking attendance—certainly lived up to the billing, firmly establishing itself as the start-of-year anchor for Europe’s automotive calendar. On the s...

News  Updated at: 2026/01/29

BMW Group Malaysia delivers 10,800 units in 2025 across BMW, MINI, BMW Motorrad Reported on January 16, 2026, BMW Group Malaysia delivered over 10,800 vehicles across the BMW, MINI, and BMW Motorrad brands in 2025, about 20% fewer than in 2024, while retaining its position as Malaysia’s leading premium automaker for the sixth consecutive year. Fully electric deliveries exceeded 2,700 units across 3 brands, accounting for around 25% of total sal...

News  Updated at: 2026/01/22

BMW Malaysia, Universiti Malaya partner on second-life EV battery R&D Reported on January 16, 2026, BMW Group Malaysia has established a partnership with Universiti Malaya (UM) for the research and development of second-life applications for used EV batteries, with a focus on energy storage and rural and community electrification.  The collaboration will see BMW Group Malaysia supplying used EV batteries to the UM Power Energy Dedicated Advanced...

News  Updated at: 2026/01/19

2025 electrified vehicle sales in Japan decline for first time in five years Sales of electrified vehicles in Japan are slowing down. Japanese new electrified vehicle sales in 2025 (total of registered and mini electrified passenger cars) declined by 2.6% year-over-year (y/y) to 2,088,623 units for the first time in five years. The ratio of electrified vehicles to the total new passenger car sales fell below 50% for the first time in three years....

News  Updated at: 2026/01/14

Honda to continue sales of gasoline-powered mini vehicles beyond 2030 Honda Motor Co., Ltd. (Honda) has reviewed its plan for its mini vehicle lineup to be fully electric by 2030. It will continue sales of gasoline models and maintain a gasoline-powered variant of the N-Box, its best-selling model. Mini vehicles accounted for more than 40% of Honda’s FY 2024 total vehicle sales in Japan. In the Japanese market, where the proliferation of electr...

News  Updated at: 2026/01/13

BYD resumes operations in Brazil after December shutdown On January 8, BYD Brazil announced the resumption of operations at its Camaçari plant after a shutdown that began on December 20. Since its inauguration on October 9, the factory has produced approximately 18,000 vehicles, including models such as the Dolphin Mini, King, and Song Pro, marking a strong initial ramp-up in local manufacturing. BYD stated that production in 2025 at the plant p...

News  Updated at: 2026/01/13

BMW Group's global sales up 0.5%, EV sales up 3.6% in 2025 On January 9, BMW Group announced its sales results for Q4 2025 and YTD December 2025. BMW Group vehicle sales were down by 4.1% YoY to 667,981 units in Q4, and the sales were up by 0.5% YoY to 2,463,715 units in YTD December 2025. BMW Group's sales of fully-electric vehicles (BEVs) were down by 10.5% YoY to 118,635 units in Q4 2025 and up by 3.6% YoY to 442,072 units in YTD December 2025...

News  Updated at: 2026/01/12

BMW Group India records annual sales of 18,001 cars in 2025 On January 8, BMW Group India achieved its annual car sales target of 18,001 units in calendar year (CY) 2025, marking a 14% year-on-year (yoy) growth. BMW delivered 17,271 units, and MINI delivered 730 units. Q4 car sales reached an all-time high of 6,023 units with 17% growth year-on-year. BMW Group India delivered 3,753 electric vehicles in 2025 with 200% growth yoy. EV penetration to...

News  Updated at: 2026/01/09

Japan’s 2025 sales of imported EVs exceeds 30,000 units for first time In 2025, unit sales of imported electric vehicles (EVs) exceeded 30,000 units for the first time in Japan. The sales were led by Tesla, Inc. (Tesla) and China’s BYD Co. Ltd. (BYD), which have been rapidly advancing sales promotion measures and expanding their dealership networks. The two automakers currently command nearly 50% of the imported EV market, while sales of Euro...

News  Updated at: 2026/01/09

Next Generation Vehicle Promotion Center announces CEV subsidies by model, effective from January Following the Japanese government's revision of the “Clean Energy Vehicle (CEV) Promotion Subsidy,, the Next Generation Vehicle Promotion Center announced the subsidy amounts by vehicle model, effective from January. The subsidies for electric vehicles (EVs) on which subsidies of JPY 850,000 or more were granted until 2025 have increased uniformly ...

News  Updated at: 2026/01/07