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OICA'S TOP 5 NEWS
Francois Roudier
March 2, 2026
Geely Extends Lead Over BYD With Biggest Sales Gap Since 2022
Bloomberg – March 2, 2026
https://www.bloomberg.com/news/articles/2026-03-02/geely-extends-lead-over-byd-with-biggest-sales-gap-since-2022?srnd=phx-industries-transportation
Geely outsold BYD by 76,000 vehicles in early 2026 as China’s EV demand cooled post-subsidy. BYD shipments fell 36%, though exports rose over 50%. Extended financing may support volumes but risks squeezing margins and diverting R&D investment.
Nissan CEO Ivan Espinosa: ‘So many things happen every morning it’s scary’
Financial Times – February 3, 2026
https://www.ft.com/content/90e2beb9-99fd-4ec5-b1dc-720590c819d4
Nissan plans seven plant closures and 20,000 job cuts amid EV competition and ongoing losses. CEO Ivan Espinosa is restructuring operations and accelerating development cycles, targeting autonomy through partnerships like Wayve while warning mid-sized automakers may need alliances to remain competitive.
Škoda ramps up battery assembly at “Czech Speed”
Automobilwoche – March 2, 2026
https://www.automobilwoche.de/autohersteller/amw-skoda-eroeffnet-halle-fuer-batteriemontage-in-mlada-boleslav/
Škoda opened a €200 million battery assembly line in Mladá Boleslav, capable of producing 335,000 systems annually, strengthening Volkswagen’s electrification strategy and reducing battery costs by 30%.
Malaysia auto sales overtake Indonesia in 2025 to top Southeast Asia
Nikkei – February 28, 2026
https://asia.nikkei.com/business/automobiles/malaysia-s-auto-sales-overtake-indonesia-in-2025-to-top-southeast-asia
Malaysia became Southeast Asia’s largest auto market in 2025 with 820,752 sales, driven by domestic demand and financing, as SUV and electrified vehicle sales surged despite EVs representing only 8.45% of the market.
European auto suppliers face ‘polycrisis’ that threatens 350,000 jobs, industry survival
Automotive News Europe – March 1, 2026
https://www.autonews.com/manufacturing/suppliers/ane-europe-supplier-jobs-crisis-0301/
CLEPA warns slower EV uptake, Chinese competition and price pressure could threaten 350,000 European supplier jobs by 2030, with Germany’s Tier 1s announcing major cuts as BEV output lags forecasts and margins weaken.
Francois Roudier
February 27, 2026
Stellantis confirms full-year 2025 loss on impact of EV missteps
Automotive News – Peter Sigal – February 26, 2026
https://www.autonews.com/stellantis/ane-stellantis-results-first-half-2025-0226/
Stellantis posted a €22.3 billion net loss in 2025 amid EV-related write-downs and canceled models. CEO Antonio Filosa is scaling back electrification investments, with €6.5 billion in cash payments expected through 2026, while forecasting modest revenue growth and low operating margins in 2026.
Hyundai Motor to Invest $6.3 Billion in AI, Robotics Center
Bloomberg – Hyonhee Shin – February 27, 2026
https://www.reuters.com/business/autos-transportation/hyundai-motor-group-invest-63-bln-ai-data-centre-robot-factory-south-korea-2026-02-27/
Hyundai will invest $6.3 billion in South Korea to build an AI data center, robot factory and hydrogen facility, supporting autonomous driving and robotics development amid tariffs, Chinese competition and slowing EV demand. The project is expected to create 71,000 jobs.
XPENG to build full-chain humanoid robot mass production base in Guangzhou
Gasgoo – February 26, 2026
https://autonews.gasgoo.com/articles/news/xpeng-to-build-full-chain-humanoid-robot-mass-production-base-in-guangzhou-2026901200610291712
XPENG will build a 110,000 m² humanoid robot production base in Guangzhou to industrialize its IRON robot, using in-house AI chips and solid-state batteries to support large-scale embodied intelligence manufacturing.
Volkswagen in robotaxi push to challenge Waymo and Tesla in self-driving race
Financial Times – February 26, 2026
https://www.ft.com/content/8ee5c17c-1eb2-41d6-9a7f-288ea9e66a45
Volkswagen plans autonomous taxi launches in Los Angeles with Uber, aiming for 100,000 MOIA vehicles by 2033. It expects autonomous commercial vehicles to generate over €10 billion annually within seven years.
Why Europe’s battery dreams clash with China’s manufacturing dominance
Automotive News Europe – Hans Evert – February 26, 2026
https://www.autonews.com/ev/ane-europe-battery-support-china-dominance-0226/
Europe’s battery ambitions face setbacks as projects are scrapped amid high costs and weak EV demand. China’s scale advantage threatens technological independence despite EU local-content plans and a €1.8 billion Battery Booster package.
Francois Roudier
February 26, 2026
India’s CAFE norms are moving into the final stretch toward the Prime Minister’s Office
ETAuto – Sindhu Bhattacharya – February 25, 2026
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cafe-norms-move-into-final-stretch-as-pmo-takes-stock/128786075?utm_source=top_story&utm_medium=homepage
India’s proposed 2027–32 CAFE norms have reached the Prime Minister’s Office after multiple revisions. SIAM warned a 71.5g CO₂ target—requiring a 63% reduction—would be “challenging,” risking premature scrappage, while urging BEV tailpipe emissions be treated as zero.
Automakers look to range extenders despite strategic trade-offs
Automotive News Europe – Lois Jones – February 25, 2026
https://www.autonews.com/ev/ane-range-extenders-evs-phevs-china-0225/
Automakers are reconsidering EREVs as lower-cost alternatives to BEVs, offering up to 1,000 km range and $6,000 savings. VW, Audi, Renault and Stellantis are developing models, though tariffs, costs and concerns about slowing EV adoption complicate deployment beyond China.
Locked Doors Trapped Driver in Fatal Xiaomi Crash, Caixin Says
Bloomberg – Linda Lew – February 26, 2026
https://www.bloomberg.com/news/articles/2026-02-26/locked-doors-trapped-driver-in-fatal-xiaomi-crash-caixin-says?srnd=phx-industries-transportation
A fatal Xiaomi SU7 crash exposed risks of electric door handles after a power failure trapped occupants. China introduced 2027 safety rules mandating mechanical releases, intensifying scrutiny of concealed handles amid multiple fatal incidents.
Aston Martin cuts jobs by 20% as US tariffs hit
Reuters – February 25, 2026
https://www.reuters.com/business/world-at-work/aston-martin-cuts-20-staff-amid-us-tariffs-weak-china-demand-2026-02-25/
Aston Martin will cut up to 20% of staff to offset U.S. tariffs and weak China demand, saving £40 million annually while delaying EV investments and reducing five-year spending to £1.7 billion.
BYD, other Chinese EV makers hike prices in Thailand
Nikkei – Kenya Akama – February 26, 2026
https://asia.nikkei.com/business/automobiles/electric-vehicles/byd-other-chinese-ev-makers-hike-prices-in-thailand
Chinese EV makers raised prices in Thailand after subsidies ended, with BYD’s Dolphin up 33%. The move may reveal underlying demand and create opportunities for Japanese hybrids as the market adjusts post-incentives.
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