China Battery Costs Push Global EV Prices Under Hybrids, Eroding Japan’s Edge
The global average price of battery electric vehicles fell below hybrid vehicles for the first time, driven by declining battery costs.
Latest in EV news, technologies, data and insights from China market
The global average price of battery electric vehicles fell below hybrid vehicles for the first time, driven by declining battery costs.
Dongfeng Nissan’s upcoming NX7 SUV aims to attract younger buyers with a sportier design and advanced energy solutions, expanding its EV lineup.
BYD Japan launched the Racco, its first K-Car, priced at ¥2.145 million, competing with domestic models for urban mobility.
Toyota’s global sales fell 7.4% in May 2026 due to weaker overseas demand, particularly in China.
Nissan and Chery signed a non-binding MOU for future vehicle production cooperation at Sunderland plant, starting in 2027, enhancing Chery’s European expansion.
Nissan plans to export new energy vehicles from China to Canada, eyeing global expansion amid changing tariff policies.
After two years, the sharp-edged Li Xiang appears to have returned. On April 11, Li Auto CEO Li Xiang posted…
BYD dominated the 2026 Bangkok International Motor Show with 18,057 orders, a 74% increase from 2025.
Japan cuts BYD EV subsidies by over 50% to 150,000 yen ($939), while domestic models like Toyota bZ4X retain up to 1.3 million yen ($8,190), widening the competitive gap.
China’s pickup exports rose 15% YoY to 23,000 units in Feb, accounting for 56% of total pickup sales.