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OICA'S TOP 5 NEWS
Francois Roudier
February 26, 2026
India’s CAFE norms are moving into the final stretch toward the Prime Minister’s Office
ETAuto – Sindhu Bhattacharya – February 25, 2026
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cafe-norms-move-into-final-stretch-as-pmo-takes-stock/128786075?utm_source=top_story&utm_medium=homepage
India’s proposed 2027–32 CAFE norms have reached the Prime Minister’s Office after multiple revisions. SIAM warned a 71.5g CO₂ target—requiring a 63% reduction—would be “challenging,” risking premature scrappage, while urging BEV tailpipe emissions be treated as zero.
Automakers look to range extenders despite strategic trade-offs
Automotive News Europe – Lois Jones – February 25, 2026
https://www.autonews.com/ev/ane-range-extenders-evs-phevs-china-0225/
Automakers are reconsidering EREVs as lower-cost alternatives to BEVs, offering up to 1,000 km range and $6,000 savings. VW, Audi, Renault and Stellantis are developing models, though tariffs, costs and concerns about slowing EV adoption complicate deployment beyond China.
Locked Doors Trapped Driver in Fatal Xiaomi Crash, Caixin Says
Bloomberg – Linda Lew – February 26, 2026
https://www.bloomberg.com/news/articles/2026-02-26/locked-doors-trapped-driver-in-fatal-xiaomi-crash-caixin-says?srnd=phx-industries-transportation
A fatal Xiaomi SU7 crash exposed risks of electric door handles after a power failure trapped occupants. China introduced 2027 safety rules mandating mechanical releases, intensifying scrutiny of concealed handles amid multiple fatal incidents.
Aston Martin cuts jobs by 20% as US tariffs hit
Reuters – February 25, 2026
https://www.reuters.com/business/world-at-work/aston-martin-cuts-20-staff-amid-us-tariffs-weak-china-demand-2026-02-25/
Aston Martin will cut up to 20% of staff to offset U.S. tariffs and weak China demand, saving £40 million annually while delaying EV investments and reducing five-year spending to £1.7 billion.
BYD, other Chinese EV makers hike prices in Thailand
Nikkei – Kenya Akama – February 26, 2026
https://asia.nikkei.com/business/automobiles/electric-vehicles/byd-other-chinese-ev-makers-hike-prices-in-thailand
Chinese EV makers raised prices in Thailand after subsidies ended, with BYD’s Dolphin up 33%. The move may reveal underlying demand and create opportunities for Japanese hybrids as the market adjusts post-incentives.
Francois Roudier
February 25, 2026
Self-Driving Startup Wayve Raises $1.5 Billion for Robotaxi Wars
Bloomberg – Yazhou Sun and Tom Mackenzie – February 25, 2026
https://www.bloomberg.com/news/articles/2026-02-25/self-driving-startup-wayve-raises-1-5-billion-for-robotaxi-wars?srnd=phx-industries-transportation
UK startup Wayve raised $1.5 billion to deploy AI-based autonomous driving via partners including Mercedes-Benz, Nissan and Stellantis. Uber committed $300 million to launch robotaxis in London, with consumer vehicles featuring Wayve’s ProPilot system planned from 2027.
WTO to review China’s complaint over Indian batteries and electric vehicles
AFP – February 25, 2026
https://www.autoactu.com/actualites/l-omc-va-examiner-une-plainte-de-la-chine-sur-les-batteries-et-vehicules-electriques-indiens
The WTO will examine China’s complaint against India’s EV and battery incentives, which Beijing claims discriminate against foreign firms and Chinese-made products. India maintains its measures comply with WTO rules after consultations failed to resolve the dispute.
Stellantis dealers in Europe join push for EU relief as sales lag
Automotive News Europe – Peter Sigal – February 24, 2026
https://www.autonews.com/stellantis/ane-stellantis-european-commission-0224/
Stellantis dealers urged the European Commission to ease emissions rules, citing sales 15% below pre-pandemic levels despite market growth. Requests include relaxed van targets, stronger supercredits, sustainable fuel recognition, fleet-renewal incentives and local-content principles to support competitiveness against Chinese rivals.
EVE Energy accelerates global expansion with second-phase launch at Malaysia battery plant
Gasgoo – February 25, 2026
https://autonews.gasgoo.com/articles/news/eve-energy-accelerates-global-expansion-with-second-phase-launch-at-malaysia-battery-plant-2026483840841682945
EVE Energy expanded its Malaysia battery hub, targeting 684 million cells annually, while advancing €1 billion investment in Hungary and U.S. LFP projects, both scheduled for 2027, strengthening overseas supply chains for global EV markets.
Germany’s once-vibrant auto heartland falls on hard times
Reuters – Maria Martinez – February 24, 2026
https://www.reuters.com/business/germanys-once-vibrant-auto-heartland-falls-hard-times-2026-02-24/
Germany’s Baden-Wuerttemberg auto suppliers face job cuts amid EV transition challenges, Chinese competition and weak demand. Insolvencies rose 30% in 2024, job openings fell 30% since 2022 and 14,000 automotive jobs may be cut by 2030 despite diversification into automation and IT.
Francois Roudier
February 24, 2026
European Auto Sales Fall Even as EV Demand Cushions the Drop
Bloomberg – Monica Raymunt – February 24, 2026
https://www.bloomberg.com/news/articles/2026-02-24/european-auto-sales-fall-even-as-ev-demand-cushions-the-drop?srnd=phx-industries-transportation
European car sales (source ACEA) fell 3.5% in January to 961,382 units, ending six months of growth as weakness in France and Germany offset gains in the UK and Italy. EV demand rose strongly, supported by incentives, while Stellantis announced €22.2 billion in EV-related writedowns and VW and Porsche pivoted toward plug-in hybrids.
German Chancellor Merz heads for China with economy on the line
Nikkei – Jens Kastner – February 24, 2026
https://asia.nikkei.com/politics/international-relations/german-chancellor-merz-heads-for-china-with-economy-on-the-line
Chancellor Friedrich Merz will visit China with a business delegation to address trade imbalances and protect German industry. Vehicle exports to China have dropped by two-thirds since 2022 as Chinese EVs gain ground, prompting calls from VDA President Hildegard Müller for fair competition and restored balance.
Canadian Industry Minister says $12B submarine deal must include an auto assembly plant
Automotive News Canada – Greg Layson – February 23, 2026
https://www.autonews.com/manufacturing/anc-melanie-joly-says-auto-plant-must-submarine-deal-0223/
Canada will require submarine contract bidders to build a domestic auto assembly plant. The policy aims to attract investments from Hyundai and Volkswagen amid factory layoffs at Stellantis and GM, leveraging defense procurement to support employment and industrial capacity in the automotive sector.
Carmakers push toward ‘eyes-off’ driving, raising questions of safety, liability
Reuters – Nora Eckert and Abhirup Roy – February 23, 2026
https://www.reuters.com/business/autos-transportation/carmakers-push-toward-eyes-off-driving-raising-questions-safety-liability-2026-02-23/
Automakers are advancing Level 3 “eyes-off” driving to monetize autonomy, though high costs, liability risks and weak demand persist. Mercedes-Benz and Stellantis paused programs, while Chinese firms accelerate rollout, raising prospects of global competition in advanced driver assistance technologies.
The cyber security threat inside your car
Financial Times – Chris Miller – February 24, 2026
https://www.ft.com/content/3e14c4da-2ef9-48bf-bcf8-3035df912be4
US rules restricting Chinese connectivity systems in vehicles reflect concerns over data transmission and remote access risks. Similar debates are emerging in Europe, where reliance on Chinese software may grow, giving US firms leverage in joint ventures while enabling Chinese autonomous technology deployment.
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