87 units, and sales of the even larger Expedition were up 30.2% to 17,554 units. Lincoln brand overall sales dropped only 0.5% to 23,610 units. Aviator sales surged 31.4% to 6,266 vehicles, while Navigator sales rose 6.5% to 4,322 units. Looking at propulsion segments, Ford’s EV sales, without EV tax credits, fell 69.6% to 6,860 units, while hybrid sales fell 19.4% to 41,159 units. Overall electrified vehicle sales declined 34.8% to 48,019 unit...

News  Updated at: 2026/04/03

hnology, the number of customers opting for electric or plug-in hybrid vehicles continues to rise, with their combined market share staying above 20%.” GANVAM explained that “Purchases by private individuals are driving market growth in March, coinciding with the reinstatement of the 15% income tax deduction for the purchase of electrified vehicles. Given that the average age of the vehicle fleet has already reached 14.6 years, there is an ur...

News  Updated at: 2026/04/02

ana plant, to the Japanese market, utilizing the new regulations implemented on February 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 4...

News  Updated at: 2026/04/02

Nov Dec 2026Jan Feb 16.0 17.9 17.1 15.6 15.8 16.6 16.5 16.6 15.5 15.7 16.0 14.8 15.8 （Source: Bureau of Economic Analysis: BEA） According to U.S. media reports, March auto sales reflected a slowing market, as elevated vehicle prices, the end of federal EV tax credits, and weakening consumer sentiment continued to weigh on demand. Severe winter weather also had an impact. In addition, the year-over-year ...

News  Updated at: 2026/04/02

Bill to end environmental performance tax and provisional diesel tax rate enacted within fiscal 2025 An amended local tax bill, which includes the abolition of the environmental performance tax levied on the acquisition of automobiles and the provisional tax rate on diesel fuel at the end of fiscal year 2025, was passed and enacted at the House of Councilors plenary session on March 31. As a result, the environmental performance tax and the provi...

News  Updated at: 2026/04/02

Cambodia’s new tax cuts include electrified vehicles and EV components, effective April 1 Reported on March 29, 2026, the Cambodian government has introduced significant tax reductions on a range of goods, including hybrid (HEVs), plug-in hybrid (PHEVs), and fully electric vehicles (BEVs), aiming to stimulate economic activity and promote the adoption of green technology. Effective April 1, import duties on PHEVs will drop from 35% to 7%, while...

News  Updated at: 2026/04/01

Cadillac introduces RHD 2026 Lyriq-V in Japan On March 25, General Motors Japan Ltd. announced it will begin sales of the Cadillac Lyriq V, a high-performance model of the Cadillac Lyriq, as the brand seeks to expand in the Asian market.Pre-orders will be accepted for a limited time from March 25 until June 21 for a designated price (including tax) of JPY 18,900,000. Deliveries are scheduled to begin in early 2027. All Cadillac models imported to...

News  Updated at: 2026/03/28

density and superior discharge performance compared to legacy valve‑regulated lead‑acid batteries. “The closure of our Tijuana facility and the transition of production to Springfield, Missouri will enable us to optimize our cost structure, maximize near-term advanced manufacturing production tax benefits, and mitigate future risks associated with potential tariffs,” said Shawn O’Connell, President and Chief Executive Officer at EnerSys...

News  Updated at: 2026/03/27

based tolling over here. But if the U.S. adopts this approach more widely—and if other markets like India, China, or Korea follow—then Europe may eventually become more interested too. Tolling becomes especially relevant as vehicles become more electric. Since governments will collect less fuel tax over time, they’ll need new ways to manage road use revenue, and smarter, V2X based tolling could be part of that solution. * Temporary slippery...

News  Updated at: 2026/03/26

e fully liberalised. This will allow for enhanced access to the Australian passenger car and truck market of over 900,000 registrations per year. ACEA also welcomes the provisions on access to critical raw materials that are included in the agreement. ACEA supports Australia changing its luxury-car tax, as it unfairly targets European cars. The policy was effectively discriminatory towards EU vehicle exports. However. ACEA stated that its members...

News  Updated at: 2026/03/25

tomotive industry. In 2025, Germany exported automotive goods worth EUR 2.3 billion to Australia. The anticipated elimination of Australian import tariffs, currently at 5%, on most automotive product groups will provide a crucial boost to bilateral trade. However, adjusting Australia’s luxury car tax is important because its 33% rate on cars priced above about EUR 45,500 disproportionately impacts high-end imports, especially from Germany. The ...

News  Updated at: 2026/03/24

Spain announces tax benefit for purchase of electric vehicles On March 20, the Government of Spain announced urgent measures in response to the impact of the war in the Middle East, including tax cuts on electricity and fuel and aid for the most affected sectors. A 15% income tax deduction is planned for buying an electric or plug-in vehicle. The measures also include a reduction in VAT on gasoline and diesel fuels, electricity, and natural gas....

News  Updated at: 2026/03/23

China releases 83rd list of NEVs eligible for preferential tax policy treatment On March 18, China’s Ministry of Industry and Information Technology (MIIT) released the 83rd list of New Energy Vehicles (NEVs) that meet the national energy saving standards and are eligible for tax reductions or exemptions. There are 308 vehicle models on the list in total, including 9 energy-saving and 299 NEV models. The vehicle models on the list are energy-sa...

News  Updated at: 2026/03/23

China releases 28th list of “Catalog of New Energy Models Eligible for Vehicle Purchase Tax Breaks” On March 18, China’s Ministry of Industry and Information Technology (MIIT) released the “Catalog of New Energy Models Eligible for Vehicle Purchase Tax Breaks (28th List)”. The selected battery electric vehicle models consist of 66 passenger vehicles (including Xiaomi EV’s YU7, FAW Audi’s A6L, and BYD’s Datang), 25 buses, 54 trucks...

News  Updated at: 2026/03/23

t subject to the tariffs. In the second half of the year, however, sales of EU-imported models fell by 17% YoY, even as the overall US LV market remained broadly flat. Policy changes also weighed heavily on demand for European Electric Vehicle (EV) imports. The accelerated termination of federal EV tax credits of up to $7,500 for new vehicles under Trump’s “One Big Beautiful Bill Act” which took place on October 1, 2025, has had pronounced ...

News  Updated at: 2026/03/23

ransportation law expires on September 30. "We would like to get money from EVs," Graves told a U.S. Chamber of Commerce infrastructure event, noting that he expects the five-year bill to include USD 500-550 billion for highways and bridges. Republican senators in February 2025 proposed a USD 1,000 tax on EVs for road repair costs, appearing as another way to disincentivize EV sales. Revenue for federally funded road repairs is collected through ...

News  Updated at: 2026/03/19

local component and encouraging exports to foreign markets. The Ministry of Investment and Foreign Trade discussed linking export development programs to factory-added value to boost the national economy, while using the program to deepen manufacturing. The Minister of Finance discussed investment, tax, and customs incentives to increase the local component of the automotive industry. Based on social media update of Ministry of Investment and For...

News  Updated at: 2026/03/18

City) will release its all-new NEXO fuel-cell vehicle (FCV) in Japan in early April. The NEXO FCV will be offered with three grades and will be priced from JPY 7.5 million. The high grade will be JPY 8.2 million, and the grade with enhanced equipment will be JPY 8.35 million (including consumption tax). While the three grades use the same specifications, the company has upsized the hydrogen tank from the initially announced 156.6 liters to 162 l...

News  Updated at: 2026/03/18

g EV cells for GM, while a new plant in Arizona will also start making EV batteries in 2026. LG and its energy storage system (ESS) customers, benefit from federal subsidies that cover about 60% of the cost of an energy storage system through government subsidies, such as the 45X battery production tax credit and 48e investment tax credit which were preserved in the Trump administration’s budget law. (multiple sources on March 17, 2026)...

News  Updated at: 2026/03/18

5 MWh of capacity, a 28% increase over the 3.9 MWh Megapack 2. Tesla’s new factory in Houston will have a manufacturing capacity of 50 GWh, or approximately 10,000 Megapack 3 systems per year. By having domestic production of the battery cells, Tesla’s energy storage customers can claim federal tax credits tied to U.S.-manufactured content. LG Energy Solution fully owns the Lansing battery plant after buying out General Motors’ stake in the...

News  Updated at: 2026/03/18