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Mobility
Subaru effectively shelves in-house EVs as profit plunges 90 percent, strategy retreat
Subaru has effectively postponed plans to launch its own internally developed electric vehicles indefinitely, pivoting toward hybrids and gasoline-powered models amid deteriorating results and uncertainty in the U.S. market. It withdrew a plan to introduce up to four in-house EVs by 2028 and delayed EV production at a new plant in Oizumi, Gunma. Operating profit fell about 90 percent to 40.1 billion yen, and the company swung to a net loss.
Industry
BYD, Xpeng push ahead as Honda, Volkswagen slow, diverging global EV strategies
Chinese electric vehicle makers are intensifying their overseas push, expanding exports and moving to build local production bases in Europe. BYD topped 130,000 overseas exports in April and is linked to possible moves involving Stellantis facilities, while Xpeng is reported to be pursuing a Volkswagen plant. In Germany, companies report high satisfaction with electric trucks. By contrast, Honda and Volkswagen are slowing electrification plans. Tesla is advancing FSD expansion while facing transparency and safety disputes.
Industry
China pushes standard for low-cost compact EVs modeled on Japan\'s kei cars
China\'s auto industry is moving to create a new standard for low-cost compact electric vehicles modeled on Japan\'s kei-car ecosystem, aiming to bring cheap small EVs into a regulated framework. Cui Dongshu proposed formal limits on size, motor output and minimum range, along with a simplified C7 licence for elderly and novice drivers. The plan follows a 2024 ban on many low-speed EVs amid safety concerns.
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Industry
Toyota unveils license-free single-seater electric mobility Land Hopper
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Industry
U.S. asks Ford, GM if they can boost arms output over EVs
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Crypto
Bitwise lists BAVA Avalanche spot ETF on NYSE, offers 5.4 percent staking rewards
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Mobility
Toyota adds standard anti-theft and safety features to Land Cruiser 250 gasoline model
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Mobility
Sony-Honda EV project scrapped as \'Team Japan\' stumbles on financial strain
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Industry
Toyota CEO says company cannot survive without change as auto industry anxiety rises
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Industry
Mark Cuban says humanoid robots will fail within 5 to 10 years
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Industry
CATL unveils international solid-state battery patent, signalling bid to lead market
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Industry
K-battery industry targets mass production of all-solid-state batteries key to humanoids
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Mobility
Tesla Model Y keeps top spot in Q1 2026 EV sales despite year-on-year decline
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Industry
Tesla ranks top in Lead the Charge report on EV supply chain decarbonisation
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Mobility
Mobility industry expands as Tesla growth comes under pressure
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Telecommunications & Media
Tesla really in crisis this time? Bike theft worries over
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Industry
Donut Lab solid-state battery passes first verification, but heat poses challenge
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Industry
China\'s Ganfeng starts mass production of ultra-high-density semi-solid-state batteries