BYD Launches Japan-Specific K-Car Racco at $13,100 Starting Price
BYD Japan launched the Racco, its first K-Car, priced at ¥2.145 million, competing with domestic models for urban mobility.
Honda
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Toyota Global Sales Fall for Fourth Month in May as China Drops 31.7%
Toyota’s global sales fell 7.4% in May 2026 due to weaker overseas demand, particularly in China.
Honda’s China Deliveries Nearly Halve in May Amid EV Market Shift
Honda’s sales in China fell sharply, highlighting challenges in transitioning to electric vehicles.
GAC Honda April Sales Plunge 72% to Just 5,100 Units
GAC Group’s April 2026 report shows increased production and sales, but GAC Honda faces significant declines.
Global EV Sales Slip 3% to 4 Million Units in Q1, China Still Leads
Global EV sales rose to 1.75 million in March 2026, with strong growth in China and Europe, but North America declined.
BYD Bags 18K Orders at BIMS 2026, Chinese Brands Sweep 8 of Top 9
BYD dominated the 2026 Bangkok International Motor Show with 18,057 orders, a 74% increase from 2025.
Honda Faces Up to $4.33 Billion Loss, Scales Back EV Push in North America
Honda has decided to cancel three EV models planned for North America and may record up to 2.5 trillion yen ($15.7 billion) in asset impairments as it adjusts its EV strategy.
China Used-Car Sales Fall in Feb, Tesla Tops 3-Year BEV Retention Ranking
The residual value rate for pure electric vehicles fell from 46.8% in January to 46.2%, while plug-in hybrid models declined from 44.8% to 44.5%.
Semiconductor Shortage Extends GAC Honda Plant Shutdown by Two Weeks
Honda is currently researching alternative procurement plans to ensure stable factory operations.
China’s Used-Car Retention Rates Fall in October: Xiaomi SU7, AITO M9 Lead BEV and PHEV Segments
In October, China’s used-car disposal volume reached 842,600 units, up 3.6% month-on-month but down 6.2% year-on-year.
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