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OICA'S TOP 5 NEWS

Francois Roudier
June 11, 2026
Ford, Renault see extended-range EVs as bridge to Europe’s 2035 electrification mandate
Ford and Renault see extended-range EVs as a practical bridge to Europe’s electrification targets, reducing range anxiety without very large batteries. Ford is shifting future European models toward EREVs, while Renault sees them as suitable for larger vehicles.
https://www.autonews.com/events/congress/ane-ford-renault-erev-eu-emissions-mandate-0610/
BYD looking to take over existing factory for second European EV plant, executive says
BYD is considering an existing factory in southern Europe for its second European plant, with Spain among possible locations. Local production would help avoid EU tariffs, support rapid sales growth and prepare for potential “Made in Europe” rules.
https://www.reuters.com/business/autos-transportation/byd-looking-take-over-existing-factory-second-european-ev-plant-executive-says-2026-06-10/
Volvo Eyes $3 Billion Autonomous Truck Business in Five Years
Volvo expects autonomous trucking revenue to approach $3 billion within five years, with U.S. driverless highway operations starting soon. The company targets more than 300 autonomous rigs by end-2027, aiming to improve fleet utilization and ease driver shortages.
https://www.bloomberg.com/news/articles/2026-06-10/volvo-eyes-3-billion-autonomous-truck-business-in-five-years
Trump Says US Won’t Renew USMCA, Signaling Yearly Reviews
Donald Trump said he does not intend to renew USMCA, raising uncertainty for North American trade and autos. Without extension, the pact would remain active but face annual reviews, while talks focus on tariff relief and sectoral concessions.
https://www.bloomberg.com/news/articles/2026-06-10/trump-says-us-won-t-renew-usmca-setting-up-months-of-talks
Tesla’s Robotaxi Falls Short With Long Waits and Stalled Rides
Tesla’s robotaxi rollout remains limited, with only 59 vehicles across three Texas cities despite earlier ambitious targets. Users report long waits and operational issues, while analysts say the cautious deployment reflects technical, regulatory and legal risks. https://www.bloomberg.com/news/features/2026-06-10/tesla-robotaxi-fleet-totals-just-59-vehicles-despite-musk-promises

Francois Roudier
June 11, 2026
Ford, Renault see extended-range EVs as bridge to Europe’s 2035 electrification mandate
Ford and Renault see extended-range EVs as a practical bridge to Europe’s electrification targets, reducing range anxiety without very large batteries. Ford is shifting future European models toward EREVs, while Renault sees them as suitable for larger vehicles.
https://www.autonews.com/events/congress/ane-ford-renault-erev-eu-emissions-mandate-0610/
BYD looking to take over existing factory for second European EV plant, executive says
BYD is considering an existing factory in southern Europe for its second European plant, with Spain among possible locations. Local production would help avoid EU tariffs, support rapid sales growth and prepare for potential “Made in Europe” rules.
https://www.reuters.com/business/autos-transportation/byd-looking-take-over-existing-factory-second-european-ev-plant-executive-says-2026-06-10/
Volvo Eyes $3 Billion Autonomous Truck Business in Five Years
Volvo expects autonomous trucking revenue to approach $3 billion within five years, with U.S. driverless highway operations starting soon. The company targets more than 300 autonomous rigs by end-2027, aiming to improve fleet utilization and ease driver shortages.
https://www.bloomberg.com/news/articles/2026-06-10/volvo-eyes-3-billion-autonomous-truck-business-in-five-years
Trump Says US Won’t Renew USMCA, Signaling Yearly Reviews
Donald Trump said he does not intend to renew USMCA, raising uncertainty for North American trade and autos. Without extension, the pact would remain active but face annual reviews, while talks focus on tariff relief and sectoral concessions.
https://www.bloomberg.com/news/articles/2026-06-10/trump-says-us-won-t-renew-usmca-setting-up-months-of-talks
Tesla’s Robotaxi Falls Short With Long Waits and Stalled Rides
Tesla’s robotaxi rollout remains limited, with only 59 vehicles across three Texas cities despite earlier ambitious targets. Users report long waits and operational issues, while analysts say the cautious deployment reflects technical, regulatory and legal risks.
https://www.bloomberg.com/news/features/2026-06-08/the-turmoil-inside-william-grant-the-139-year-old-glenfiddich-maker

Francois Roudier
June 10, 2026
350 robots to be deployed soon at Renault, with “tens of thousands” eventually produced by Wandercraft
Renault is testing Wandercraft’s humanoid robot Calvin at Douai to reduce physically demanding work, starting with tire handling. The group aims to deploy 350 robots in France and Spain by 2027, potentially opening a new industrial business.
https://www.lesechos.fr/industrie-services/automobile/350-robots-bientot-deployes-chez-renault-des-dizaines-de-milliers-produits-a-terme-par-wandercraft-calvin-lhumanoide-aux-dents-longues-2235932
Mexico’s Gripe with US Trade Pact: South Korea Has Better Deal
Mexican automakers warn USMCA tariffs disadvantage them versus South Korean and Japanese competitors, which face lower flat duties. Complex rules of origin and high effective tariffs could threaten Mexico’s auto jobs and plants unless a more balanced formula is agreed.
https://www.bloomberg.com/news/articles/2026-06-09/mexico-s-gripe-with-us-trade-pact-south-korea-has-better-deal?srnd=phx-industries-transportation
Toyota backs Japan self-driving startup Tier IV in development push
Toyota has taken a small stake in Tier IV and will use its autonomous technology for Level 4 e-Palette shuttles by fiscal 2027. The move supports Japan’s mobility-services push and Toyota’s partnership-based autonomy strategy.
https://asia.nikkei.com/business/automobiles/toyota-backs-japan-self-driving-startup-tier-iv-in-development-push
GM to produce sodium-ion batteries for electrical grids strained by AI data centers
GM is expanding beyond EVs into sodium-ion batteries for grid-scale storage, targeting first cells in 2028 with Peak Energy. The technology uses cheaper materials and could support rising electricity demand from AI data centers and bidirectional EV charging.
https://www.autonews.com/general-motors/an-gm-battery-energy-0609/
South Africa proposes extending auto incentives to battery materials
South Africa plans to include EV battery minerals in its automotive incentive program, adding materials such as lithium, graphite, copper and cobalt. The proposal aims to support local EV supply chains, deeper localization and the Automotive Master Plan 2035.
https://auto.economictimes.indiatimes.com/news/auto-components/south-africa-proposes-extending-auto-incentives-to-battery-materials/131627000
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