BYD achieves CNY 804 billion annual revenue in 2025, up 3.5% y/y On March 27, 2026, BYD issued its 2025 annual financial report. In 2025, BYD achieved an annual revenue of approximately CNY 803.965 billion, up 3.5% year-over-year (y/y); invested a total of approximately CNY 63.441 billion in R&D projects such as Blade Battery 2.0, FLASH Charging, Blade Battery safety protection technology, and the Haohan battery energy storage system, up 17.1% y/...

News  Updated at: 2026/03/31

Tesla estimates its Q1 deliveries at 365,645 units, down 12.6% from Q4 2025 On March 26, Tesla published its latest company-compiled delivery consensus of sell-side analysts as a preview to its actual Q1 2026 results. Tesla had done the same ahead of releasing actual Q4 2025 figures as a way of tempering analysts’ expectations before making its quarterly report public. The figures show Tesla Q1 2026 deliveries coming in at 365,645 units, down 1...

News  Updated at: 2026/03/28

Tesla appears to be preparing a larger SUV for U.S. market On March 25, Tesla CEO Elon Musk responded to a suggestion from a fan to make a minivan. Musk first responded that the Cybertruck has isofix points in the back seat for child car seats. He later posted “Something way cooler than a minivan is coming”, signaling the possibly a new product. The communication should be taken in context as drone pictures taken around Gigafactory Texas rece...

News  Updated at: 2026/03/27

GlobalData blog: How is Tesla’s pivot to robotics and AI likely to affect it going forward? Tesla has announced plans to wind down production of its Model S and Model X flagship models, with no successor programs confirmed, while retooling sections of its Fremont factory to support early production of its Optimus Gen 3 humanoid robot later this year.  The move marks the clearest signal yet that Tesla intends to diversify beyond its core vehicl...

News  Updated at: 2026/03/23

U.S. NHTSA widens Tesla FSD probe to 3.2 million vehicles On March 18, the National Highway Traffic Safety Administration (NHTSA) announced that it was widening an earlier probe to the examine the Full Self-Driving (FSD) feature in 3,203,754 vehicles in the U.S.  Affected models include 2016-2026 Models S and X, 2017-2026 Model 3, 2020-2026 Model Y, and 2023-2026 Cybertruck. The probe is moving from a preliminary evaluation launched in October 2...

News  Updated at: 2026/03/21

Tesla Robotaxi service appears to be expanding in Las Vegas next Tesla Robotaxis have not yet been deployed outside of Austin, Texas, where safety drivers sit in the front passenger side while delivering passengers, or the San Francisco Bay Area, where safety drivers sit behind the steering wheel, but a new city may be in the process of receiving the Model Y taxis. A parking lot full of Model Y vehicles has been reported in Henderson, Nevada, a t...

News  Updated at: 2026/03/21

Geely Auto Group announces strategic plans for 2026 On March 18, Geely Auto Group announced sales goals and vehicle model launch plans for 2026. The 2026 total sales goal is set at 3.45 million vehicles, up 14% year-over-year (y/y). -          The Zeekr brand targets 300,000 vehicles, up 34% y/y. -          The Lynk & Co brand targets 400,000 vehicles, up 14% y/y, and will launch the Lynk & Co 07 Wagon and a mid-to-large-size SU...

News  Updated at: 2026/03/20

China’s February vehicle production, sales volumes decrease by 20.5% y/y, 15.2% y/y, respectively On March 11, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for February 2026. According to the CAAM, as the 2026 Spring Festival holiday fell on mid-to-late February and lasted longer than previous years, effective working days in February amounted to only 16 days, which had certai...

News  Updated at: 2026/03/12

Three Japanese OEMs release February 2026 new car sales figures in China, all down y/y Three Japanese OEMs recently announced their February 2026 new car sales results in China. Toyota sold 82,500 units in February, down 13.9% year-over-year (y/y). GAC Toyota accounted for 41,809 units, down 0.4% y/y. The sales volumes of the Camry, Highlander, and Sienna flagship models totaled 20,761 units, up 12% y/y. Year-to-date (YTD) sales volume totaled 22...

News  Updated at: 2026/03/11

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

Tesla to launch level 2 FSD in Japan by late 2026 On March 5, Tesla unveiled a level 2 self-driving car for driving on public roads in Japan. Test runs have been underway in the country since August 2025, initially with the Model 3 and using company employees, but the company has now also begun testing the Model Y SUV. Riichi Hashimoto, president of Tesla Japan said the company is doing everything it can to implement the company’s FSD system b...

News  Updated at: 2026/03/07

New vehicle sales by 5 major OEMs in South Korea decrease 14.8% in February Five Korean automakers announced domestic new vehicle sales in February. New vehicle sales in South Korea decreased by 14.8% compared to the same month in the previous year to 95,638 units. Because of the 2026 Lunar New Year holiday, February had three fewer business days year-over-year (y/y), which affected sales for many companies. By company, Hyundai Motor maintained i...

News  Updated at: 2026/03/04

2025 total car production in Japan marks first increase in two years The Japan Automobile Manufacturers Association, Inc. (JAMA) announced on February 27 that Japanese automakers’ 2025 vehicle production volume in Japan saw a year-over-year (y/y) growth of 2.1% to 8,410,334 units for the first time in two years. The factors behind the growth include the rebound from the low levels in 2024 affected by the suspension of production due to certific...

News  Updated at: 2026/03/02

Tesla Gigafactory Berlin plant expansion at risk with works council vote, Musk says On February 26, multiple sources reported that in a recent video message to employees at Tesla’s Gigafactory Berlin ahead of works council elections coming in March, CEO Elon Musk cautioned that the planned expansion of the plant could be at risk if it does not remain “free from external influences.” Musk didn’t name the IG Metall directly, but clearly all...

News  Updated at: 2026/02/28

Statiq, India raises USD 18 million to expand EV charging network On February 19, Statiq, an EV charging network operator, announced that it raised about USD 18 million in a mix of equity and debt, in a round led by Tenacity Ventures with participation from Y Combinator, Shell Ventures, and RCD Holdings. The funding will support its plan to scale what it calls a full‑stack platform of proprietary AC/DC chargers and software. ​Statiq plans to ...

News  Updated at: 2026/02/19

China Passenger Car Association analysis of production and sales volumes for January 2026 The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for January 2026. China passenger car production and sales volumes in January 2026 Retail January retail sales volumes of passenger cars totaled 1.544 million units, reflecting a y/y decrease of 13.9%....

News  Updated at: 2026/02/13

Tesla teams up with Tencent to enhance cockpit experience, launching WeChat Link and Destination Service Tencent announced that it is collaborating with Tesla to upgrade the in-car experience by launching two major features: "WeChat Link" and "Destination Service". Leveraging Tencent’s ecosystem and technical expertise, the two companies are jointly creating a seamless, smart, and convenient cockpit experience.The new features will be delivered...

News  Updated at: 2026/02/13

U.S. Congress advances auto safety bill targeting electric doors On February 10, lawmakers in the U.S. House of Representatives agreed to advance an automotive safety bill that would require manual releases in new vehicles with electrically powered door handles. The Securing Accessible Functional Emergency Exit Act, or SAFE Exit Act, was forwarded to full committee during a markup session by the House Committee on Energy and Commerce, but still m...

News  Updated at: 2026/02/13

Three Japanese OEMs release January 2026 new car sales figures in China, with Toyota seeing y/y growth after 5-month gap Three Japanese OEMs recently announced their January 2026 new car sales results in China. Toyota sold 145,500 units in January, up 6.6% year-over-year (y/y), another y/y growth after a 5-month gap. GAC Toyota accounted for 63,648 units, achieving positive y/y growth. The sales volumes of the Camry and Sienna models grew by 17% ...

News  Updated at: 2026/02/11

Tesla enters Moroccan market, its first country in Africa On February 6, Tesla started its commercial activities in Morocco, with the opening of its first public retail location. The Model 3 and Model Y are introduced in the Moroccan market. This is the first African market for Tesla. Based on social media updates of Tesla, multiple sources...

News  Updated at: 2026/02/09