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.
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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.
SAIC has deployed its first humanoid robot on a mass-production battery line, marking one of the earliest real-world applications in China’s auto industry.
Tesla plans to launch a low-cost Model 3 in China, featuring reduced configurations and lower production costs.
Xiaomi’s new SU7 model saw order spikes quickly post-launch, appealing to younger buyers with strong test drive engagement and competitive pricing.
Europe’s auto market is mildly recovering, with increased HEV registrations and significant growth from Chinese automakers.
In February 2026, China’s passenger vehicle sales dropped significantly, impacted by subsidy withdrawals, especially in lower segments.
With BYD and Tesla also competing for early access, the Canadian market is quickly heating up.
Under prior plans, next-gen Roadster production is slated to begin 12–18 months after the official unveiling.
China’s new energy SUV market in February showed a pronounced concentration at the top of the rankings.
The top 15 automakers sold a combined 1.65 million NEVs, accounting for 96.5% of the total NEV market.