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.
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Dongfeng Nissan Teases NX7 Ahead of Debut
Dongfeng Nissan’s upcoming NX7 SUV aims to attract younger buyers with a sportier design and advanced energy solutions, expanding its EV lineup.
Toyota Posts First Global H1 Sales Decline in Two Years as China Slumps 17%
Toyota’s global vehicle sales fell 2.8% year on year to 5.39 million units in H1 2026, marking the company’s first first-half sales decline in two years.
BYD Racco Nabs Over 5K Japan Orders in First Week, Targets 10K Delivery by 2026
BYD’s Racco, a kei-class electric vehicle in Japan, secured over 5,000 pre-orders in its first week, targeting existing K-Car owners.
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.
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.
China Pickup Sales Rise 16% in May as Exports Hit New High
China’s pickup truck market continued its recovery in May, with exports accounting for a record share of total sales for the first time.
Chery to Tap Nissan’s UK Sunderland Plant for Vehicle Production From 2027
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 Eyes Exporting China-Made EVs to Canada From Dongfeng Venture
Nissan plans to export new energy vehicles from China to Canada, eyeing global expansion amid changing tariff policies.
BYD Subsidy in Japan Slashed by Over Half, Toyota bZ4X Gets Nearly 10x Support
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.