to Long-term Plan. Nippon Steel intends to primarily invest in overseas, and a total of about JPY 4 trillion, including an investment of USD 11 billion in the enhancement of USS’s production capacity, will be invested overseas. It is the first time that Nippon Steel’s overseas investments will exceed its domestic investments. (From an article in the Nikkan Jidosha Shimbun on December 16, 2025)...

News  Updated at: 2025/12/16

ace to install zero-emission technology. The Council would also allow extra length for shuttle services to make this service more efficient. The Council’s position allows zero-emission motor vehicles or vehicle combinations involved in intermodal transport operations to cross borders even if they exceed the maximum weights defined in the directive, and if the weight does not exceed what is allowed on either side of the border. Based on press re...

News  Updated at: 2025/12/05

, coupled with a lower cost parity compared to Internal Combustion Engines (ICEs), is anticipated to boost BEV sales in Europe in the coming years. By 2030, BEVs in the C-segment are expected to lead the market, with sales reaching 3 million units, followed by the B- and D- segments which will each exceed 1.5 million units by the end of the decade, as shown in the chart below. Leading European OEMs are broadening their hybrid vehicle lineups—es...

News  Updated at: 2025/12/05

he plan, by the end of 2025, CATL will deploy 32 Choco-SEB battery swapping stations in Fuzhou. This will have such facilities available in three cities in Fujian Province, namely, Fuzhou, Xiamen, and Ningde. In Fuzhou, Choco-SEB battery swapping stations will total around 40 by the end of 2026 and exceed 60 over the long term. In Fujian Province, Choco-SEB battery swapping stations will be introduced into key cities including Quanzhou, Zhangzhou...

News  Updated at: 2025/12/05

Canada to curb steel imports further as result of damage from U.S. tariffs On November 26, Prime Minister Mark Carney’s government announced it will lower the tariff-rate quota level for steel imports from countries with which Canada does not have a trade agreement to 20% from 50%. Steel produced in those nations will face a tariff when their volumes exceed 20% of what they sold to Canadian buyers in 2024. Canadian steel companies that export t...

News  Updated at: 2025/12/02

o date. Additionally, in-house engine development initiatives are underway. On the production front, Ashok Leyland plans to ramp up LCV manufacturing capacity from 80,000 to between 110,000 and 120,000 units annually. Bus body-building operations are also being scaled up, with total capacity set to exceed 20,000 units per year following the expansion of facilities in Andhra Pradesh and Lucknow. Based on Ashok Leyland Limited Q2 FY 2026 Earnings C...

News  Updated at: 2025/11/24

gher of either the U.S. most-favored-nation (MFN) tariff rate or a tariff rate of 15%, similar to the European Union, on goods from Switzerland and Liechtenstein, and apply only the U.S. MFN tariff rate on certain products. The U.S. plans to ensure that the MFN tariff and Section 232 tariffs do not exceed 15% for semiconductors and pharmaceutical goods from the two countries. Switzerland and Liechtenstein, in turn, intend to address a range of no...

News  Updated at: 2025/11/18

rations in Ohrid, aiming to increase revenue by 20%. This new investment will create 200 new jobs, increasing the workforce from 1,200 to 1,400 employees. In North Macedonia, Kostal projects a 60% increase in revenue in 2025 compared to the previous year. It also expects its exports and turnover to exceed EUR 300 million by 2027. (From a Government press release and multiple sources dated November 11, 2025) ...

News  Updated at: 2025/11/14

as sales, with over 70% growth in heavy-duty trucks, a doubling of bus sales, and continued growth in light commercial vehicles. FOTON also plans to establish 8 markets with over 10,000 units each. By 2030, new energy vehicles will account for over 50% of its product lineup, and overseas sales will exceed 300,000 units.  Based on FOTON press release ...

News  Updated at: 2025/11/12

Proton e.MAS 7 sales exceed 7,000 units since launch in Malaysia; e.MAS 5 bookings reach 10,000 On November 12, 2025, PRO-NET, a subsidiary of national automaker PROTON, reported that as of October 31 the Proton e.MAS 7 has sold 7,413 units since its launch, including 6,954 units domestically and 459 exported. The e.MAS 7 has held its position as Malaysia’s best-selling EV for 10 consecutive months. Meanwhile, the recently introduced Proton e.M...

News  Updated at: 2025/11/12

VinFast Indonesia sees battery rental popularity; Jan–Sep sales exceed 2,800 units Reported on November 7, 2025, VinFast Indonesia CEO revealed that about 90% of VinFast’s customers choose the company’s battery rental scheme. The program addresses EV buyers’ concerns about future battery condition, lowers upfront vehicle costs, and covers battery replacement if capacity drops below 70%, as VinFast retains ownership. The vehicle’s connec...

News  Updated at: 2025/11/11

lined 7.3% YoY to 1,480 thousand units. Global production declined 10.8% YoY to 1,389 thousand units.  Nissan maintained its full-year forecast of global sales at 3,250 thousand units, down 2.9% YoY, although in China where demand for N7 midsize electric sedan is encouraging, sales are expected to exceed previous outlook by 13.2%. As announced on October 30, full-year forecast for net revenue is JPY 11,700 billion and operating loss at JPY 275 b...

News  Updated at: 2025/11/07

ry intelligent manufacturing site and will be completed by a Gotion High-tech Jiangsu subsidiary in 24 months. The project focuses on new lithium-ion power and storage batteries, with completion expected in 2027. Upon commissioning, Gotion High-tech’s total global battery production capacity will exceed 150GWh. (From multiple press releases dated October 27, 2025)...

News  Updated at: 2025/11/04

hall decrease by over 60% from the peak by 2040. -          The transportation system where intelligent connected New Energy Vehicles (NEVs) are dominant shall develop towards “zero accidents, zero casualties, and high efficiency”. -          The penetration rate of NEVs shall exceed 80% by 2040 to accelerate the full electrification of the automotive industry. -          The intelligent connected vehicle infrastruc...

News  Updated at: 2025/10/27

Scale of China’s power battery recycling market expected to exceed CNY 100 billion by 2030 On October 17, China’s State Administration for Market Regulation (SAMR) held a special press conference on the standardization of power battery recycling. Pointed out at the conference was that China is about to witness a huge wave of decommissioned power batteries. According to statistics, the 2024 domestic power battery recycling volume stood above 3...

News  Updated at: 2025/10/23

will reach 95% and 30%, respectively, and that the installation rates of satellite communication systems for mid-to-high-end vehicle models will increase. -          Network coverage: It is expected that the coverage rate of the network integrating 5G/5G-A and LTE-V2X for urban roads will exceed 98%. -          Network performance: It is expected that the 5G/5G-A network will support 50ms and 100ms one-way end-to-end transmissi...

News  Updated at: 2025/10/22

d suspension and support for Carplay as well. The front seats come standard with ventilation and heating to meet consumer requirements. In recent years, Hong Kong’s New Energy Vehicle penetration rate has reached 70%. It is expected that by the end of 2025, the local sales volume of the bZ3X will exceed 1,000 units. From a GAC Toyota press release and multiple press releases...

News  Updated at: 2025/10/21

OEMs paid over USD 10 billion in tariffs on cars, parts imported from Canada, Mexico On October 16, the Anderson Economic Group (AEG) announced that the estimated burden on U.S. automakers from tariffs on imported Canadian and Mexican autos and auto parts through October 2025 will exceed USD 10.6 billion.  The figure include only the two major categories of motor vehicle imports, and does not include any separate tariffs on steel and aluminum, n...

News  Updated at: 2025/10/21

ding Chicago, Indianapolis, Pittsburgh, and Elizabeth and Moonachie, New Jersey. To support the integration of these vehicles, DHL has also installed on-site charging infrastructure at its facilities in these markets. While the new eSprinters promise a 206-mile range, DHL has consistently seen them exceed 240 miles, making them the longest-range BEVs in DHL's U.S. fleet to-date.   The deployment supports DHL's global Sustainability Roadmap, whic...

News  Updated at: 2025/10/17

t technical requirements for battery electric passenger vehicles (PVs) and plug-in hybrid electric (PHEV) (including range-extended electric (REEV)) passenger vehicles have been adjusted. According to the Announcement, the power consumption per 100km of battery electric passenger vehicles shall not exceed the corresponding limit values stipulated in the “Energy Consumption Limits for EVs - Part 1: Passenger Cars”. Adjustments to the technical...

News  Updated at: 2025/10/14