ruary 16. Initially, the vehicles were launched on April 2 through Toyota Mobility Tokyo Inc. A nationwide launch is planned for this summer. The selling price for the Tundra 1794 Edition is 12 million yen (including tax), and the Highlander Limited ZR Hybrid is 8.6 million yen (including tax). The target monthly sales volume for nationwide launch is 80 units and 40 units, respectively. Furthermore, Toyota stated that it will begin sales of the C...

News  Updated at: 2026/04/02

tor to reduce development costs. The model would undergo adaptations for the South American market, similar to the strategy used for the Amarok. The van is expected to retain much of the original structure and interior, with limited design changes focused on branding and interface updates. It would target the commercial vehicle segment, offering high cargo capacity and practical functionality. The project is part of a broader investment plan of a...

News  Updated at: 2026/04/01

ghlighted that March is FF EAI Robotics' first delivery month, and has so far signed sales contracts for 22 units, including both humanoid and bionic robots. The company expects to complete Aegis’ FCC certification in the next week, which it sees as a solid foundation toward its 200-unit delivery target for the first delivery quarter. Faraday Future has been refining use cases such as Robot & Vehicle + Education, Scientific Research, Performanc...

News  Updated at: 2026/04/01

the incentive is similarly halved to INR 2,500 per kWh, capped at INR 12,500 per vehicle, with a terminal date of March 31, 2028, and 39,034 vehicles to be supported under a maximum ex-factory price of INR 250 thousand. The e-3W (L5) sub-component was already closed on December 26, 2025, after its target was met. Based on the Ministry of Heavy Industries gazette notification...

News  Updated at: 2026/03/30

Battery chemicals company Terrafame, Finland, concludes changes negotiations On March 30, Terrafame announced that it had concluded its change negotiations, which were announced in February 2026. The target of the negotiations was to achieve profitability and cash flow improvement of at least EUR 10 million. The outcome of the change negotiations will have no impact on Terrafame’s production. As a result of the negotiations, Terrafame anticipat...

News  Updated at: 2026/03/30

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 refining. The target company of this investment possesses proprietary technology in separating and refining heavy rare earths dysprosium (Dy) and terbium (Tb) for p...

News  Updated at: 2026/03/30

ARCHION, holding company between Hino and MFTBC, aims for ROS of 10% or higher ARCHION Corporation (ARCHION), which will be listed on the stock exchange on April 1 after making Hino Motors, Ltd. (Hino) and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) 100% subsidiaries, has set a long-term management target of a return on sales (ROS) of 10% or higher. ARCHION has outlined a growth strategy aimed at significantly increasing profitability by gr...

News  Updated at: 2026/03/30

on plant in Karnataka with an annual capacity of 150,000 units. The company, backed by TVS Motors, Qualcomm Ventures, TDK Ventures, and Zoho, among others, makes performance electric motorcycles, i.e., the F77 and X-47 Crossover, and currently operates over 40 experience centres nationally, with a target of 100 cities by the end of 2026. Ultraviolette also exports to 12 European countries and plans to expand further across Asia and Latin America...

News  Updated at: 2026/03/27

Germany announces climate protection program, focuses on sustainable mobility On March 25, the German Federal Cabinet has adopted a climate protection program to save 25 million tons of CO2 by 2030. This will enable the climate targets for 2030 and 2040 to be met.  In the transport sector, the country will promote the purchase of electric cars. The new funding program for electric cars will support up to 800,000 electric vehicles. The target gro...

News  Updated at: 2026/03/27

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, paired wi...

News  Updated at: 2026/03/26

Toyota Thailand holds export target amid Middle East disruptions Reported on March 22, 2026, the President of Toyota Motor Thailand highlighted the impact of unrest in the Middle East, which has affected Thailand’s automotive sector and disrupted the supply of key materials such as resin. Toyota has faced export delays to the region due to logistical challenges but is monitoring the situation closely. The company targets 100,000 units for expor...

News  Updated at: 2026/03/26

proceed with capital expenditure and other initiatives. Automotive engineering plastics have been positioned as a "stable profit business." The company will proceed with capital expenditure and repairs based on market trends. Within its flagship fibers & textiles business, the core operating income target for the “industrial applications” segment—which includes airbag textiles—is set at JPY 17 billion, an increase of JPY 8 billion from th...

News  Updated at: 2026/03/26

users of its charging app increased from 59,900 in June 2025 to 166,000 in March 2026. Since operations began in March 2024, the network has supplied more than 7,000 MWh of energy. The company also confirmed plans to introduce ultra-fast Flash charging technology in Brazil starting in 2026, with a target of installing 1,000 ultra-fast chargers by the end of 2027. (BYD Brazil on March 24, 2026)...

News  Updated at: 2026/03/25

d, regarding the takeover bid (TOB) of Toyota Industries Corporation (Toyota Industries), that the TOB by Toyota Asset Preparatory Co., Ltd. (Toyota Asset Preparatory, Chiyoda Ward, Tokyo) has successfully been completed. Approximately 63.6% of voting rights were applied for, exceeding the minimum target of 42.0% for the number of shares to be purchased. Going forward, a series of procedures will be implemented to make Toyota Asset Preparatory a...

News  Updated at: 2026/03/25

ara, Rajasthan, with 670,000 units a year of 125–160 cc scooter and light motorcycle capacity from 2028. The company will invest about INR 15 billion to buy 74,000 square meters of adjacent land, creating around 2,000 jobs and raising the Tapukara plant’s total capacity from 1.34 million units (target by FY 2026–27) to 2.01 million units a year.​ Alongside this expansion, Honda plans to increase output at its other India plants, taking HM...

News  Updated at: 2026/03/19

Former Toyota St. Petersburg plant to debut new model at SPIEF 2026 On March 13, multiple sources reported that a car model planned for production at the former Toyota plant in St. Petersburg will be announced at the St. Petersburg International Economic Forum (SPIEF) 2026. The serial production of the vehicle is expected to begin in early to mid-2026, with an initial annual output target of around 1,000 vehicles. Based on multiple sources...

News  Updated at: 2026/03/18

ction is already underway. Demand for the new iX3 has been strong, with over 50,000 orders placed before customers had even experienced the vehicle, and the i3 will further strengthen BMW’s electric portfolio. Regarding EU regulation, BMW believes the current debate around the 2030 and 2035 CO₂ targets risks becoming overly complex and restrictive. We argues that regulation should focus on lifecycle emissions rather than only tailpipe emissio...

News  Updated at: 2026/03/16

Mitsui High-tec revises downward financial targets of medium-term management plan Mitsui High-tec, Inc. (Mitsui High-tec) has revised downward the financial targets of its medium-term management plan. Due to the slowdown in the electric vehicle (EV) market, automakers—Mitsui High-tec’s clients—are revising their EV launch plans, resulting in lower-than-expected sales volumes for motor cores and automotive semiconductors. Regarding the autom...

News  Updated at: 2026/03/16

Mexican heavy truck segment prepares for USMCA review On March 11, ANPACT announced its participation in the USMCA review beginning March 16, aiming to strengthen North American production integration and regional competitiveness. Alejandro Osorio, ANPACT's Public Affairs Director stated the industry already meets current 64% Regional Value Content requirements and is preparing for the 2027 target of 70%. The strategy includes expanding domestic ...

News  Updated at: 2026/03/13

Government of India panel flags gaps in EV incentives, PLI rollout and battery capacity On March 11, 2026, the Rajya Sabha Standing Committee on Industry said only 1,656,335 EVs had been incentivised under PM E‑DRIVE as of 31 January 2026, about 58.6% of the revised 2,826,634 target, with e‑trucks, e‑buses, and e‑ambulances still at zero and e‑rickshaws/e‑carts at just 3,602 units versus a 39,034 target. The panel flagged that around ...

News  Updated at: 2026/03/12