d continued investment in Thailand. Official pricing will be announced at a later date. Changan has invested over THB 10 billion in its Rayong plant, its first integrated NEV production base outside China. The facility has begun producing the Deepal S05, with the NEVO Q05 to follow, supporting both domestic sales and exports under its “Made in Thailand, Sold Globally” strategy. The CHANGAN NEVO Q05 is a 5-seat, front-wheel-drive electric SUV ...

News  Updated at: 2026/03/31

ffecting thousands of direct and indirect jobs linked to the plant’s operations. While some workers have relocated, others face reintegration into the labor market. The plant had manufactured several key models, including the Nissan Frontier, as well as passenger and light commercial vehicles for domestic and export markets. Authorities indicated that efforts are underway to attract new investment to the site, although no agreements have been f...

News  Updated at: 2026/03/31

of UK vehicle production for February 2026 decreased 17.2% over the previous year to 68,061 units. Passenger car production was down 10.7% to 65,885 units and commercial vehicle production was down 74.0% to 2,176 units year over year (y/y). Vehicle exports were down 14.6% (y/y) to 54,446 units and domestic sales were down 26.0% (y/y) to 13,615 units. The percentage of exports was 80.0%. In the first two months of 2026, total vehicle production d...

News  Updated at: 2026/03/31

e Middle East, Japan’s Minister of Economy, Trade, and Industry, Ryosei Akazawa, met officials of the fuel oil and oil product-related industries at the Ministry. They confirmed that the government and industry will collaborate to secure alternative procurement sources and eliminate imbalances in domestic distribution. Mr. Akazawa stated at the meeting, “to maintain the supply chains of oil-related products, the government and industry will t...

News  Updated at: 2026/03/31

Posco to build rare earth value chain in South Korea and abroad Posco International Corporation, a trading company of the Posco Group in South Korea, announced that, partnering with a venture investment specialist within the Posco Group, Posco Investment, it launched its first KRW 25 billion (JPY 2.75 billion) corporate venture capital fund (CVC) to invest KRW 8 billion (JPY 880 million) in a domestic specialist in rare earth separation and refin...

News  Updated at: 2026/03/30

less, despite such complex and turbulent changes, China’s automotive market still delivered a satisfactory performance in 2025, with production and sales volumes hitting record highs once again, securing China’s position as the world’s largest auto market for the 17th consecutive year. Annual domestic Light Vehicle (LV) sales exceeded 26.9 million units, up by 5.6% year-on-year (YoY), with Passenger Vehicle (PV) sales surpassing 24.3 millio...

News  Updated at: 2026/03/30

nt will revise the evaluation criteria for the "Clean Energy Vehicle (CEV) Introduction Promotion Subsidy" effective April 1. Efforts toward economic security will be given more weight than before. Amid concerns over a slowdown in electric vehicle (EV) investment, the revisions aim to encourage the domestic production of core components such as batteries, and simultaneously aim for carbon neutrality (reduction of greenhouse gas emissions to virtu...

News  Updated at: 2026/03/30

e stability of supply, and additional evaluation items such as efforts for the stable supply of automotive batteries approved under the Economic Security Promotion Act, and the Japan-U.S. framework for stable supply of rare material. For stable supply, automakers that have been certified with their domestic battery production plan, as well as companies that supply batteries from certified battery suppliers will receive high evaluations. For autom...

News  Updated at: 2026/03/30

Keysight Technologies, USA to begin local manufacturing in India for test and measurement equipment On March 27, Keysight Technologies announced plans to start local manufacturing in India in a phased rollout, producing high-precision test and measurement hardware for both domestic and global customers. The facility will serve sectors including aerospace, defence, automotive, semiconductors, quantum technologies, next-generation wireless and AI i...

News  Updated at: 2026/03/27

ts, and if fuel prices stay high, they could affect total ownership costs. The UK needs to insulate itself from shocks like this and increase its energy security. Gas-fired generation still dictates wholesale electricity prices over 80%. For electrified fleets to be truly cost-effective and stable, domestic renewable power generation is critical, reducing dependency on gas. Improving infrastructure and energy supply can reduce exposure to geopoli...

News  Updated at: 2026/03/27

igning sensing solutions and developing integrated circuits. ams-OSRAM stated that locating the center in Shanghai is due mainly to local industrial strengths and human resources. The aim is to strengthen collaboration with local partners, accelerate product development, and respond more quickly to domestic application needs and market changes. (From an ams-OSRAM press release dated March 19, 2026)...

News  Updated at: 2026/03/27

inancial results briefing for the April-December 2025 term that it was in negotiations with several candidates regarding the sale of assets, including the site of its former factory. Regarding the talks with Micron, a JDI spokesman said he could not comment. JDI is advancing a reorganization of its domestic production structure as part of efforts to rebuild its business. As of the end of December 2025, JDI’s insolvency amount is JPY 6 billion. ...

News  Updated at: 2026/03/27

Government of India targets 5,000 tonne rare earth magnet capacity On March 25, the Department of Atomic Energy announced its plans to scale domestic production capacity of rare earth permanent magnets to 5,000 tonnes a year by 2030, up from an operational samarium‑cobalt plant capacity of 500 tonnes today, as part of a broader push on critical minerals, including lithium. The current annual requirement for these magnets is about 4,000 tonnes a...

News  Updated at: 2026/03/26

ched the Land Cruiser FJ under the “Bold & Unbound” concept, marking the first Land Cruiser to be mass-produced outside Japan. Production at the Ban Pho plant achieves 84% local content, with planned exports of over 40,000 units annually to around 60 countries, including Japan, and a first-year domestic target of 5,000 units.  Built on the IMV ladder-frame platform, the FJ features 4WD with a manual transfer case and rear differential lock, ...

News  Updated at: 2026/03/26

21 miles. The electric Cadillac Vistiq arriving in China in late April will feature lidar and an advanced driver-assist system (ADAS) co-developed with Chinese autonomous-driving company Momenta. The overall goal of the initiative is to bring the technology level of its products to that offered by domestic rivals and improve the software-powered driving experience. While the joint venture desires to expand exports from China, current U.S. tariff...

News  Updated at: 2026/03/26

Current status of EV charging infrastructure in China (Feb. 2026) On March 21, the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA) announced the February 2026 operational status of domestic EV charging and battery swapping facilities. The data was based on reports from more than 2,000 EVCIPA members. Overall operational status of domestic charging facilities: As of February 2026, domestic EV charging facilities totaled ...

News  Updated at: 2026/03/25

first 2 months of 2026, production totaled 394,653 units (310,034 CBUs and 84,619 CKDs), down 8.4% YoY, reflecting a revision to the January 2026 figure. Motorcycle exports in February 2026 stood at 72,588 units, down 6.0% YoY. In January–February 2026, exports totaled 151,666 units, up 1.0% YoY. Domestic motorcycle sales in February 2026 reached 150,801 units, up 2.2% YoY. In the first two months of 2026, sales rose 0.3% YoY to 304,925 units....

News  Updated at: 2026/03/25

ty of about 2.4 million units a year (expandable to 2.6 million) across its plants in Gurugram, Manesar, Kharkhoda, and Hansalpur, with the Khoraj plant’s first phase expected to come onstream by 2029 and funded through internal accruals. It mentioned that the expansion is aimed at meeting rising domestic and export demand and is part of a broader plan under which the Khoraj site can eventually host four lines of 250 thousand units annual capac...

News  Updated at: 2026/03/24

February vehicle production in Thailand up 3.4% (Flash Report) On March 24, 2026, the Federation of Thai Industries (FTI) reported that Thailand produced 117,952 vehicles in February 2026, up 3.4% YoY. Approximately 31% of total production was for domestic sales, while 69% was for exports. Passenger car output included 14,939 HEVs and 3,446 BEVs (revised). In January–February 2026, total vehicle production rose 6.9% YoY to 236,338 units. Passe...

News  Updated at: 2026/03/24

a “trough of disillusionment” before longer-term adoption stabilizes. Tesla’s robotics strategy in context Chinese Electric Vehicle (EV) makers such as BYD, Xpeng and Li Auto are Tesla’s closest strategic peers, pursuing similarly integrated robotics and AI development while benefiting from domestic supply chains and high-volume manufacturing. Traditional OEMs including Hyundai Motor Group, Mercedes-Benz, and BMW are taking a more cautiou...

News  Updated at: 2026/03/23