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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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.
Momenta Hits 1 Million Vehicle Deployment Ahead of Hong Kong IPO
Momenta has surpassed 1 million vehicles in mass production with its intelligent driving solutions, expanding globally.
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 Enforces New EV Safety Standards From July on Batteries and Vehicles
New Chinese EV safety standards effective July 1 enhance crash protection and battery safety, emphasizing hardware solutions and real-world testing.
Huawei-Backed Maextro Unveils V800 Luxury MPV After S800 Sedan
Huawei-backed Maextro has unveiled the V800, its second production model after the S800 sedan and the brand’s first entry into the ultra-luxury MPV segment.
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.
Europe Auto Sales Edge Up 1.7% in Feb, BYD Surges Over 160%
Europe’s auto market is mildly recovering, with increased HEV registrations and significant growth from Chinese automakers.
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%.
Europe Car Registrations Fall 3.5% in Jan, BYD Surges 165%, Tesla Drops 17%
Chinese brands sold a combined 70,465 vehicles in Europe in January, up 80% YoY, lifting market share from 4% in January 2025 to 7.4%.