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OICA'S TOP 5 NEWS
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.
Francois Roudier
February 25, 2026
Self-Driving Startup Wayve Raises $1.5 Billion for Robotaxi Wars
Bloomberg – Yazhou Sun and Tom Mackenzie – February 25, 2026
https://www.bloomberg.com/news/articles/2026-02-25/self-driving-startup-wayve-raises-1-5-billion-for-robotaxi-wars?srnd=phx-industries-transportation
UK startup Wayve raised $1.5 billion to deploy AI-based autonomous driving via partners including Mercedes-Benz, Nissan and Stellantis. Uber committed $300 million to launch robotaxis in London, with consumer vehicles featuring Wayve’s ProPilot system planned from 2027.
WTO to review China’s complaint over Indian batteries and electric vehicles
AFP – February 25, 2026
https://www.autoactu.com/actualites/l-omc-va-examiner-une-plainte-de-la-chine-sur-les-batteries-et-vehicules-electriques-indiens
The WTO will examine China’s complaint against India’s EV and battery incentives, which Beijing claims discriminate against foreign firms and Chinese-made products. India maintains its measures comply with WTO rules after consultations failed to resolve the dispute.
Stellantis dealers in Europe join push for EU relief as sales lag
Automotive News Europe – Peter Sigal – February 24, 2026
https://www.autonews.com/stellantis/ane-stellantis-european-commission-0224/
Stellantis dealers urged the European Commission to ease emissions rules, citing sales 15% below pre-pandemic levels despite market growth. Requests include relaxed van targets, stronger supercredits, sustainable fuel recognition, fleet-renewal incentives and local-content principles to support competitiveness against Chinese rivals.
EVE Energy accelerates global expansion with second-phase launch at Malaysia battery plant
Gasgoo – February 25, 2026
https://autonews.gasgoo.com/articles/news/eve-energy-accelerates-global-expansion-with-second-phase-launch-at-malaysia-battery-plant-2026483840841682945
EVE Energy expanded its Malaysia battery hub, targeting 684 million cells annually, while advancing €1 billion investment in Hungary and U.S. LFP projects, both scheduled for 2027, strengthening overseas supply chains for global EV markets.
Germany’s once-vibrant auto heartland falls on hard times
Reuters – Maria Martinez – February 24, 2026
https://www.reuters.com/business/germanys-once-vibrant-auto-heartland-falls-hard-times-2026-02-24/
Germany’s Baden-Wuerttemberg auto suppliers face job cuts amid EV transition challenges, Chinese competition and weak demand. Insolvencies rose 30% in 2024, job openings fell 30% since 2022 and 14,000 automotive jobs may be cut by 2030 despite diversification into automation and IT.
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