or five passengers in the Korean market in October at the earliest. Without a subsidy system for the buyers of electric vehicles, the price of EVs is between 30 million won to 40 million won in Korea, placing a heavy burden on the consumers. More than 100 units of the e6 will be released as taxi or rental car, to spur demand for the model for use as commercial or official vehicles. BYD Co. released its prospectus on June 8 for a domestic initial ...

OEM Plants  Updated at: 2026/04/15

year. For transportation, the Government has set the objective that two out of three new cars will be electric by 2030. French manufacturers must reach 400,000 electric vehicles produced per year by 2027, then 1 million by 2030. For low-income households, social leasing (cars with moderate monthly rental payments) will resume in June with 50,000 EVs. Another 50,000 subsidized EVs for middle-class, high-mileage workers will follow in 2026. For bu...

News  Updated at: 2026/04/14

ional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) increased 37.8% YOY to 269,483 units in March 2026. The significant increase was due to a recovery in loan demand due to lower interest rates, fleet renewals by corporations and rental car companies, and the effect of introducing new vehicles.Of the newly-registered vehicles, locally-manufactured vehicles soared 40.7% YOY to 2...

Automotive Sales Data  Updated at: 2026/04/13

uato, and will be the second plant operated by Furukawa Automotive Systems Mexico S.A. DE C.V. (FASM), a subsidiary of Furukawa Electric. Mass production is slated to begin at the new plant this fall. Although Furukawa Electric has not revealed its Mexican facilities' production capacities, the new rental plant has a floor area of 9,000 square meters, similar to that of the FASM plant that is currently in operation. The new plant will hire 1,200 ...

Major Suppliers  Updated at: 2026/04/10

Brazilian vehicle sales increased 37.8% to 269,483 units in March 2026 (ANFAVEA) The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) increased 37.8% YOY to 269,483 units in March 2026. The significant increase was due to a recovery in loan demand due to lower interest rates, fleet renewals by corporations and rental car companies, and the effect of introducing...

News  Updated at: 2026/04/10

Evante Co., Ltd. named exclusive distributor of Maxus Commercial EVs in Thailand Announced on April 1, 2026, Synergetic Auto Performance PCL (asap), a Thai car rental provider, through its subsidiary Evante Co., Ltd. (Evante), has been appointed the exclusive Authorized Distributor in Thailand for SAIC Motor Commercial Vehicle’s Maxus Commercial EVs, effective March 26, 2026. Evante will oversee distribution, network development, and dealer app...

News  Updated at: 2026/04/08

March, gasoline vehicles had a 25.1% market share, diesel vehicles had a 3.6% share, and other vehicles which includes Electrified, Hybrid, and Alternative Fuel Vehicles had a 71.3% share.Private car sales in March increased 17.5% to 51,774 units, business sales increased 13.5% to 37,647 units and rental car sales increased 3.6% to 40,919 units.ANFAC stated that “March once again demonstrates the strong state of the market, if this trend conti...

Automotive Sales Data  Updated at: 2026/04/03

March, gasoline vehicles had a 25.1% market share, diesel vehicles had a 3.6% share, and other vehicles which includes Electrified, Hybrid, and Alternative Fuel Vehicles had a 71.3% share.Private car sales in March increased 17.5% to 51,774 units, business sales increased 13.5% to 37,647 units and rental car sales increased 3.6% to 40,919 units. ANFAC stated that “March once again demonstrates the strong state of the market, if this trend cont...

News  Updated at: 2026/04/02

rposes. On October 17, Wuhan Weineng Battery Asset Co., Ltd., a company jointly owned by entities including NIO and CATL, established a wholly-owned subsidiary named Weineng (Wuhan) Battery Technology Co., Ltd., with a registered capital of CNY 100 million. The new company’s business scope covers rental of storage batteries, recycling and cascade utilization of waste power storage batteries for New Energy Vehicles, and operation of EV charging ...

OEM Plants  Updated at: 2026/04/02

greement with the pharmaceutical company Vetter for the gradual acquisition of about 40 hectares of the former Ford site. In the first phase, Vetter will secure the previously undeveloped areas of the Ford site and plans to establish a new pharmaceutical production facility there in the future. The rental agreements have been signed between Ford and gwSaar to cover the current and future use of the areas. In response to weekend demand mainly in E...

OEM Plants  Updated at: 2026/04/01

l-World Use Cases*, in a routine inspection of a taxi, the system will automatically calculate the inspection schedule and use smart glasses (XR) to highlight key areas, thereby improving work efficiency. Other use cases include "improving inventory management and after-sales service efficiency for rental car companies" and "providing feedback to testing during new vehicle development" for automobile manufacturers (OEMs) by considering the stress...

Market & Tech Reports  Updated at: 2026/03/30

deur". It is installed with a 3.0-liter 235ps Lambda LPi engine with fuel consumption rated at 8.6 km/L. Sales prices are 23.3 million won for a private taxi model, 26.28 million won for a model taxi model, 27.52 to 28.22 million won for a barrier-free model and 25.85 to 28.63 million won for a car rental. On May 2 Hyundai Motor Co. and Kia Motors Corp. launched their first midsize gasoline-hybrid electric vehicles Sonata Hybrid and K5 Hybrid. De...

OEM Plants  Updated at: 2026/03/25

2014. Renault Samsung held a test-ride event for the media commemorating the launch of the SM3 Z.E. electric vehicle (EV). The company plans to produce 4,000 SM3 Z.E. EVs in 2014. Of them, 10% will be sold to government and public agencies, 10% for general households, and the remaining to taxi, car rental, and car sharing business operators. Sales target for the taxi operators has been set at 2,000 units, expecting an increase in the purchase by ...

OEM Plants  Updated at: 2026/03/25

ng and other fields to jointly build intelligent automotive products. On September 17, Geely cooperated with AutoNavi. On May 9, Geely Technology Group (Geely Tech) established a joint venture (JV) with Daimler Mobility Services GmbH (Daimler Mobility). The JV has a business scope that includes car rental, electricity supply, installation/maintenance/operation of charging piles, and online car reservation. It has a 50:50 registered capital of CNY...

OEM Plants  Updated at: 2026/03/19

INEOS aims to expand Grenadier exposure in U.S. with Hertz agreement On March 18, Hertz announced the addition of the INEOS Grenadier to its U.S. rental fleet, further expanding the lineup of premium vehicles available to customers. Hertz will provide customers with the largest availability of Grenadiers for rent anywhere in the U.S. Customers can reserve the coveted vehicle at U.S. airport locations starting this spring. INEOS Automotive entered...

News  Updated at: 2026/03/19

model from China. Bookings have been made available at the ongoing 46th Bangkok International Motor Show (BIMS 2025). In December 2023, Honda announced that it had commenced the first production line for the e:N1 at the Prachin Buri plant. The model was made available locally in 2024 only through a rental program with leading local car rental companies. As of January 30, 2026, the administrative staff at Honda’s Ayutthaya plant have confirmed t...

OEM Plants  Updated at: 2026/03/16

ntly strengthened its strategy by forming a joint venture with SAIC-GM-Wuling (SGMW) to establish Wuling Sales (Thailand) Co., Ltd., aiming to enhance competitiveness in the local market. Wuling has now entered the 7-seat MPV segment with the Starlight Darion EV, targeting families, executives, and rental or leasing businesses. Priced from THB 799,000, it features a 69.2 kWh battery with a driving range of up to 540 km (CLTC) and 2C fast charging...

News  Updated at: 2026/03/13

MAHY Khoory Automotive partners with Quick Lease to add 1,000 Dongfeng vehicles in UAE On March 10, MAHY Khoory Automotive, the official dealer of Dongfeng Motor Corporation in the United Arab Emirates, announced a strategic partnership with Quick Lease Car Rental to expand transportation services in the country. Under the partnership, 1,000 Dongfeng Motor Corporation vehicles will be added to the Quick Lease Car Rental fleet to provide practical...

News  Updated at: 2026/03/10

arrangements to 2028. The current contract will expire in four years from now. In order to strengthen their business partnership even further, they made the decision prior to the expiration date. Their joint venture, BMW Brilliance Automotive Limited, has established an R&D center in 2013 and begun rental business based on its first Zinoro-brand model, the 1E, in April 2014. The JV is also planning to launch a new engine plant in 2016. The new en...

OEM Plants  Updated at: 2026/03/09

arrangements to 2028. The current contract will expire in four years from now. In order to strengthen their business partnership even further, they made the decision prior to the expiration date. Their joint venture, BMW Brilliance Automotive Limited, has established an R&D center in 2013 and begun rental business based on its first Zinoro-brand model, the 1E, in April 2014. The JV is also planning to launch a new engine plant in 2016. The new en...

OEM Plants  Updated at: 2026/03/09