ent. New Energy Vehicle (NEV) sales topped 13 million units, with a rise of 20% YoY, and became the main growth force. Many international brands are facing a continued downward trend, while domestic brands largely maintained robust growth throughout the year. However, government intervention on the price war—which started in Q3 2023—caused BYD Group to unexpectedly fall short of expectations. The automaker had delivered an impressive performa...

News  Updated at: 2026/03/30

SMMT, UK, raises concern over rising diesel price, advocates zero emission transition On March 26, the Society of Motor Manufacturers and Traders Limited (SMMT) stated that since February 28, diesel prices have been increasing, which poses serious challenges in the commercial vehicle space. The current conflict exposes the fragility of fuel supply. Long-term stability depends on reducing reliance on global oil and gas markets. Transitioning to al...

News  Updated at: 2026/03/27

bal Tesla facilities potentially joining production if demand materializes. Five-year outlook for Tesla The next five years will likely determine whether Tesla’s robotics strategy becomes a durable pillar of the company’s business model. From a cost perspective, current estimates suggest a unit price of around USD 20,000-30,000 per robot, while investment banks project significant long-term market potential. Morgan Stanley estimates a total a...

News  Updated at: 2026/03/23

s projected to widen further over the next few years, expanding to 2.3 million units by 2030. This raises two obvious questions: where are these imports coming from, and why have exports stalled? The answer up until 2025 is almost exclusively China—despite the EU raising import tariffs on Chinese Battery Electric Vehicles (BEVs) to 17.8-45.3% (depending on OEM) from November 2024. In fact, the tariffs have not stemmed the influx of Chinese-made...

News  Updated at: 2026/03/23

BYD confirms price and specifications of ATTO 3 EVO for UK On March 19, BYD confirmed pricing and specifications for the new ATTO 3 EVO for the UK. The model is offered in two trims: Design and Excellence. Standard features on the Design include an 8.8-inch digital instrument cluster, a 15.6-inch touchscreen with integrated Google services, four USB-C ports, wireless charging with cooling, 360-degree camera, Vehicle-to-Load capability, heat pump,...

News  Updated at: 2026/03/20

Lexus launches 2026 ES in U.S. with BEV models, new hybrid coming On March 18, Lexus announced that the eighth-generation Lexus ES is now on sale, at a starting price of USD 48,795, with its first-ever ES 350e and ES 500e battery-electric (BEV) models arriving in U.S. dealerships in April, ahead of the upcoming 2026 ES 350h hybrid models. The all-new 2026 Lexus ES features new styling inside and out, on a platform capable of supporting internal c...

News  Updated at: 2026/03/20

CollarEV, India launches ‘Moon’ electric two-wheeler On March 16, CollarEV launched Moon, a purpose-built electric two-wheeler for the B2B delivery and logistics market, at a starting price of INR 80 thousand. It features a brushless DC motor with 2.2 kW peak and 1.5 kW nominal power, delivering 60 Nm of torque for silent but high-torque urban operations. The scooter offers two lithium-ion battery options, i.e., 1.5 kWh and 2.4 kWh at 58 V. I...

News  Updated at: 2026/03/19

VW ID. Cross to launch in Europe in 2026 as affordable electric SUV On March 16, VW announced that the ID. Cross B segment electric SUV will be launched in Europe in autumn 2026. The affordable five-seater electric SUV can be currently seen in Amsterdam in a camouflage wrap. The vehicle comes with three power options i.e., 85 kW, 99 kW, and 155 kW, and two battery sizes i.e., 37 kWh and 52 kWh. It includes modern driver-assist features for comfor...

News  Updated at: 2026/03/17

Zelio E-Mobility, India launches upgraded variant of X-Men+ electric scooter On March 16, 2026, Zelio E-Mobility launched the 2026 variant of its low-speed electric scooter X-Men+ at a starting price of INR 60,000. It is powered by a 60/72V BLDC motor that consumes about 1.5 units of electricity per charge. The scooter supports both lithium and lead batteries, with charging times of 4–5 hours for lithium and 8–10 hours for lead.​ The X-Men+...

News  Updated at: 2026/03/16

conflict is still recent, making it too early to assess long-term demand effects. A. [Walter Mertl CFO] In China, BMW implemented product actions and dealer network restructuring to stabilize pricing. While these measures initially affected financial performance, they helped strengthen transaction prices and dealer profitability. A. [Jochen Goller] Sales in China have stabilized since the fourth quarter, supported by new model launches and upcom...

News  Updated at: 2026/03/16

GWM introduces ORA 5 HEV and BEV in Thailand ahead of Motor Show price reveal On March 12, 2026, GWM Thailand hosted the “ORA 5 Global Debut” event in Bangkok, introducing the ORA 5 and revealing key specifications ahead of its official price announcement at the 47th Bangkok International Motor Show on media day, March 23.The vehicle measures (LWH) 4,471x 1,833x 1,641 mm, with a 2,720-mm wheelbase. The lineup will be offered in four variants:...

News  Updated at: 2026/03/13

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

ng pressure, particularly on vehicles exported from Mexico. Our current market share is just over 4%, so there is still room to grow. Investments such as Scout and new models like the Tiguan should support our presence, but the 10% share is now a longer-term ambition.  Q5. When will the Salzgitter battery plant reach full production? A. [Arno Antlitz] We aim to be the first European carmaker with large-scale in-house battery cell production. The...

News  Updated at: 2026/03/12

introduce a new compact SUV CHERY TIGGO 4 CSH, in the UK. It is the first full-hybrid model in the CHERY TIGGO line-up, powered by the fifth-generation Chery Super Hybrid system. It is powered by the fifth generation of the Chery Super Hybrid powertrain, underpinned by a 1.5-liter engine, 1.83 kWh battery, and automatic DHT transmission, offering a total output of 204 PS and a torque figure of 310 Nm. Its price will start from GBP 19,995 OTR in ...

News  Updated at: 2026/03/10

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 1,500–2,000 units annually in 2026, with potential exports to other ASEAN markets. Bookings for the CKD MG S5 EV have opened, with an estimated price of about MYR 120,000. Compared with the previously imported version, the locally assembled model produces 205 PS and 350 Nm, an increase of 35 P...

News  Updated at: 2026/03/10

Japanese government to expand support for all-solid-state batteries and perovskite solar cells Japan’s Ministry of Economy, Trade and Industry (METI) will expand its Green Innovation (GI) Fund support as early as the fiscal year that starts in April 2026 (FY2026) to accelerate the practical use of all-solid-state batteries and perovskite solar cells. For all-solid-state batteries and other next-generation storage batteries, the Ministry will in...

News  Updated at: 2026/03/10

Suzuki launches all-new mini-commercial BEV van e Every in Japan On March 9, Suzuki Motor announced the launch of its first mini-commercial battery electric vehicle (BEV), the e Every, in Japan. It is equipped with a BEV system, jointly developed by Suzuki, Daihatsu Motor, and Toyota Motor. The model is supplied on an OEM basis by Daihatsu. With an eAxle, which integrates the motor, inverter, and transaxle, it delivers torque exceeding that of a ...

News  Updated at: 2026/03/09

Honda e:N2 EV opens for reservation in Thailand; estimated price around THB 1.4 million Announced on March 5, 2026, Honda has opened reservations in Thailand for the Honda e:N2 battery electric vehicle, with an estimated price of around THB 1.4 million. The reservation period runs from March 5 to March 22, 2026, followed by official bookings between March 23 and April 6, with deliveries scheduled by April 30. The front-wheel-drive EV is powered b...

News  Updated at: 2026/03/06

Suzuki to acquire all-solid-state-lithium-ion battery business from Kanadevia On March 4, Suzuki Motor Corporation announced that the company has entered into a business transfer agreement with Kanadevia Corporation (formerly known as Hitachi Zosen Corporation) to acquire Kanadevia’s all-solid-state lithium-ion battery business, effective July 1, 2026. Kanadevia began the development of all-solid-state lithium-ion batteries in 2006. Through its...

News  Updated at: 2026/03/04

Denza D9 PHEV launched in Philippines; Flagship dealers open; More models due in 2026 Reported on February 27, 2026, the Denza D9 PHEV has officially launched in the Philippines, carrying an introductory price of PHP 3,998,000 for the first 300 customers. At the same time, Denza’s first flagship dealerships in key locations, Alabang, Makati, San Juan, and Cebu. The full-size luxury MPV measures (LWH) 5,250x 1,960x 1,920 mm, with a 3,110 mm whee...

News  Updated at: 2026/03/02