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GM U.S. Q1 2026 sales fall 9.7% from pre-tariff market high
tric Optiq, which saw sales increase 65.9% in its second year on the market • Chevrolet sales fell 8.1% to 407,747 units, with all models down except for the Traverse that was up 33.6%, the resurrected Bolt EV which sold only 791 units in Q1, and the discontinued BrightDrop vans that sold at discount • GMC sales fell only 0.2% in Q1 to 145,930 units, with the Terrain SUV and Canyon midsize pickup as the bright spots for the brand (G...
News Updated at: 2026/04/03
Osaka Metro to suspend use of EV Motors' electric buses due to "difficulties in ensuring safety and long-term stability"
ector-General of the Logistics and Road Transport Bureau of the Ministry of Land, Infrastructure, Transport and Tourism, told the Nikkan Jidosha Shimbun and other media outlets that "if the companies that purchased the vehicles scrap them, change the registration name, or sell them at a significant discount, there will be no prospect of the vehicles being used, and the company will demand the return of the subsidies." Future developments are bein...
News Updated at: 2026/04/02
Charge+ partners BYD distributor Harmony Auto to expand EV charging network in Cambodia
Charge+ partners BYD distributor Harmony Auto to expand EV charging network in Cambodia Announced on March 30, 2026, Charge+ Cambodia signed an MOU with Harmony Auto, the authorized distributor of BYD vehicles in Cambodia, to support EV adoption. The partnership links charging services with vehicle sales to enhance the overall user experience. BYD and DENZA customers receive a 15% discount on charging across Charge+’s network, which includes 54...
News Updated at: 2026/04/01
Vingroup launches ICE-to-EV trade-in campaign across 4 markets amid oil price volatility
n consumers from rising fuel costs while promoting cleaner mobility. The program offers additional incentives for customers switching from gasoline vehicles to VinFast electric models. During the campaign period, customers trading in gasoline vehicles for VinFast electric cars receive an extra 3% discount, while electric motorcycles receive an additional 5% discount, on top of existing incentives in each market. At the same time, Green SM, Ving...
News Updated at: 2026/03/12
Subaru to install 50 units of 150kW rapid chargers at Subaru car dealers by FY2027
(EVs) to its sales staff for six months and developing “BEV Life Designers (BLDs)”, who can explain the advantages of EVs based on their own experience, to assign them to almost all Subaru dealerships by the end of FY2026. For Subaru car owners, the automaker also plans to launch an EV charging discount service at its car dealers. In FY2025, the company selected 100 staff members from its sales companies in Japan and developed as the first ba...
News Updated at: 2026/03/12
All-new Proton Saga sedan makes first international launch in Brunei
,000 registrations in Malaysia. The launch supports PROTON’s export growth strategy, after shipping 6,000 units in 2025 and targeting exports to contribute 30% of total sales by 2030. In Brunei, the Saga is priced at BND16,800 for the Executive variant and BND18,800 for the Premium, with a BND500 discount for the first 100 customers. (From Proton Malaysia press release dated March 2, 2026)...
News Updated at: 2026/03/04
GlobalData blog: Has Chinese light vehicle demand peaked?
st domestic sales volume and highest vehicle manufacturing output in the world. That lead widened again in 2025. The country’s topline domestic Light Vehicle (LV) sales are estimated to reach a seven-year high of 26.9 mn units, up by 5.5% year-on-year (YoY) compared to 2024, aided by aggressive discounting and supportive government policy. However, the market’s red-hot momentum may be nearing a turning point as the government’s crack-down...
News Updated at: 2026/02/18
BMW and E.ON launch commercial V2G solution for BMW iX3 customers
ing a joint BMW–E.ON system. Customers earn money whenever their car is plugged in, with bonuses of up to EUR 720 per year. BMW iX3 drivers can drive up to 14,000 km annually without paying for charging. The first 100 BMW iX3 customers who choose the E.ON V2G tariff will get an additional EUR 700 discount on BMW Wallbox Professional. The wallbox supports 11 kW charging, works in both directions, and includes smart charging features. My BMW App ...
News Updated at: 2026/02/10
Spanish passenger car sales rose 1.1% to 73,103 units in January
ate car sales in January decreased 6.4% to 35,775 units, business sales decreased 2.4% to 27,312 units and rental car sales increased 63.5% to 10,016 units. Felix Garcia, director of communications and marketing at ANFAC, explained, “January is starting positively despite the uncertainties. If we discount the DANA storm effect, the growth rate would not be 1% but 7%. It is true that rental car purchases have been key, but private buyers are als...
News Updated at: 2026/02/03
BAIC BluePark closes private placement of A shares worth nearly CNY 6 billion
billion. BAIC BluePark received subscription intentions exceeding CNY 10 billion in total proceeds from this private placement, of which market-oriented subscriptions accounted for CNY 7.76 billion, 2.1 times the market-oriented fundraising amount (CNY 3.7 billion). Furthermore, the final issuance discount rate was significantly narrowed from the historical 20% to 7%. The offering price per share increased by CNY 1.03 compared to the floor price...
News Updated at: 2026/01/29
Australian government sets review of Electric Car Discount scheme
Australian government sets review of Electric Car Discount scheme Announced on December 12, 2025, the Australian government under Prime Minister Anthony Albanese released the terms of reference for the statutory review of the Electric Car Discount, which has been in place since July 2022. The policy, which provides fringe benefits tax (FBT) and tariff exemptions, has helped accelerate electric vehicle uptake, expand consumer choice, and reduce ...
News Updated at: 2025/12/15
Ebusco, Netherlands secures EUR 5.1 million loan to support bus deliveries
ns have been slightly delayed, discussions with the Chinese partners are progressing well. The loan will be repaid by Ebusco over time using cash from bus deliveries by May 1, 2026. Any remaining principal, interest, or unpaid fees on that date will automatically convert into Ebusco shares at a 15% discount to the average share price over the five business days before maturity date. Based on Ebusco press release...
News Updated at: 2025/12/04
Renault and MINI models are added to UK’s Electric Car Grant
Renault and MINI models are added to UK’s Electric Car Grant On December 3, the UK Government announced that Renault 4, Renault 5, Alpine A290 and MINI Countryman now qualify for the full GBP 3,750 Electric Car Grant (ECG). The update doubles the number of EVs eligible for the top discount, giving buyers GBP 3,750 off a total of eight popular models. The government has allocated an extra GBP 1.5 billion in the Autumn Budget. This includes GBP 1...
News Updated at: 2025/12/03
Tasco Auto and Esky join forces to expand Vietnam’s EV fast charging network
tion leverages Tasco Auto’s position as Vietnam’s leading car distributor and Esky’s expertise in energy technology, enhancing access to fast charging, promoting EV adoption, and supporting Vietnam’s transition to sustainable transportation. Tasco Auto customers will also benefit from a 35% discount on charging fees for EVs of brands distributed by Tasco Auto. (From Tasco Auto press release dated November 29, 2025)...
News Updated at: 2025/12/02
Grab Vietnam, EBOOST collaborate to boost e-mobility adoption in Vietnam
10,000 users nationwide, seeks to accelerate green mobility through safe, smart, and accessible charging solutions. Key areas of cooperation include: (i) Promoting EBOOST’s charging network and exclusive incentives for Grab driver-partners, including stable-priced charging packages and long-term discount programs; (ii) Integrating EBOOST’s stations and battery swapping data into Grab’s platform, facilitating smoother operations for drivers...
News Updated at: 2025/12/01
MG meets Thai government’s EV 3.0 target; No price cuts planned
MG meets Thai government’s EV 3.0 target; No price cuts planned Reported on November 23, 2025, MG Sales Thailand confirmed it will not reduce EV prices during the final phase of the EV 3.0 incentive program, stating that current prices are final. Instead, the company will focus on value-enhancing promotions. Although the government’s EV 3.0 subsidy, which offers a THB 150,000 discount per EV, ends on December 31, 2025, MG reiterated that no f...
News Updated at: 2025/11/25
Ford follows GM in walking back extended EV credit in U.S.
e Hyundai and Stellantis were utilizing a plan worked out in conjunction with the Internal Revenue Service, whereby the finance arms of the two automakers initiated the purchase of EVs in dealers’ inventory, and then rolled the USD 7,500 into EV leases that would have enabled dealers to offer the discount on existing inventory into the fourth quarter. GM, however, ended the program after concerns were raised by Republican Senators Bernie Moreno...
News Updated at: 2025/10/16
Gorky Automobile Plant, Russia returns to five-day workweek
Gorky Automobile Plant, Russia returns to five-day workweek On October 3, multiple sources reported that the Gorky Automobile Plant has returned to a five-day workweek. In September 2025, the plant managed to partially reduce its inventory of finished products, aided by a 20% discount introduced by the Russian Ministry of Industry and Trade for buyers using preferential leasing. The plant's future production levels will depend on market conditio...
News Updated at: 2025/10/10
Proton’s PRO-NET opens its first standalone DC charging hub in Tanjung Malim, Malaysia
ense, the site also introduces PRO-NET’s app-free charging option, which allows users to start and pay via QR code. Proton e.MAS and smart owners can alternatively use their integrated mobile apps. Charging is priced at MYR 0.80 per kWh, one of the lowest rates in Malaysia, with a 50% promotional discount throughout October 2025. The launch further strengthens Tanjung Malim’s position as Proton’s electrification hub, ahead of the new EV pla...
News Updated at: 2025/10/01
PLN introduces HCS Ultima new Home EV Charging Service in Indonesia
5 due to its fast-growing EV adoption outside Jabodetabek. PLN President Director highlighted that HCS Ultima addresses the demand for convenient charging while supporting Indonesia’s EV ecosystem and efforts to reduce transport emissions. To encourage adoption, PLN is offering a 50% installation discount until June 30, 2026. Most users will only need to charge once or twice a week, making the service practical for daily use, while its transpar...
News Updated at: 2025/09/01



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