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OICA'S TOP 5 NEWS
Francois Roudier
May 20, 2026
Japan’s auto industry plots new road map to counter BYD threat
Japan’s automakers are rethinking EV strategies as BYD and other Chinese rivals gain ground. Honda is cutting EV investment and refocusing on hybrids, while Toyota, Nissan, Honda and Suzuki pursue alliances, software partnerships and regional strategies in China and India.
https://asia.nikkei.com/business/business-asia/japan-s-auto-industry-plots-new-road-map-to-counter-byd-threat
India Weighs $1 Billion Aid for Private Electric Buses, Trucks
India is considering over $1 billion in incentives to accelerate private electric bus and truck adoption, reduce oil dependence and fight urban pollution. The plan may include interest subsidies, credit guarantees, charging parks, and support for up to 40,000–50,000 vehicles.
https://www.bloomberg.com/news/articles/2026-05-20/india-weighs-1-billion-aid-for-private-electric-buses-trucks
Stellantis to build Voyah brand EV for China’s Dongfeng in French plant, sources say
Stellantis is expected to partner with Dongfeng to build a Voyah luxury EV at its Rennes plant in France. The deal would help Dongfeng avoid EU tariffs and expand in Europe, while giving Stellantis a use for underused French capacity.
https://www.reuters.com/business/autos-transportation/stellantis-build-voyah-brand-ev-chinas-dongfeng-french-plant-sources-say-2026-05-19/
XPENG rolls out first mass-produced Robotaxi vehicle
XPENG has launched its first mass-produced Robotaxi in Guangzhou, using an in-house platform integrating AI chips, autonomous software and vehicle engineering. Demonstration operations are planned for later this year, with Level 4 capability in designated conditions and a pure vision-based system.
https://autonews.gasgoo.com/articles/news/xpeng-rolls-out-first-mass-produced-robotaxi-vehicle-2056563599542243329
Global EV and hybrid sales to hit 30% of car market this year, IEA forecasts
The IEA expects EVs and plug-in hybrids to reach nearly 30% of global car sales in 2026, helped by cheaper batteries, affordable models and higher fuel prices. China remains central, producing most global EVs and expanding exports sharply.
https://www.ft.com/content/e96bf7d3-46e3-4aa1-9e67-0d615ea87441?syn-25a6b1a6=1
Francois Roudier
May 7, 2026
BYD, Tesla May Face Import Caps as Canada Works Out China EV Quota
Canada is debating how to allocate its 49,000-unit annual low-tariff quota for Chinese-made EVs, possibly capping access by company to prevent domination. Officials want room for Tesla, Polestar and Chinese newcomers, with future access linked to price and Canadian investment.
https://www.bloomberg.com/news/articles/2026-05-06/byd-tesla-may-face-import-caps-as-canada-works-out-china-ev-quota
BMW’s CEO transition underscores continuity over disruption
BMW’s CEO change highlights continuity, with production chief Milan Nedeljkovic succeeding Oliver Zipse on May 14. His main challenge will be executing the Neue Klasse EV rollout across global plants, managing software, supply-chain, logistics and cost complexity while preserving BMW’s disciplined culture.
https://www.autonews.com/bmw/ane-bmw-ceo-succession-nedeljkovic-0506/
Spirit AI and Bosch China Sign Strategic Partnership to Jointly Promote Large-Scale Deployment of Embodied Intelligence
Spirit AI and Bosch China will cooperate on robot data acquisition, model training, industrial applications and component supply. Bosch’s Chinese factories and logistics centers will support real-world testing, helping Spirit AI accelerate humanoid robot deployment in automotive manufacturing and industrial logistics.
https://autonews.gasgoo.com/articles/news/spirit-ai-and-bosch-china-sign-strategic-partnership-to-jointly-promote-large-scale-deployment-of-embodied-intelligence-2051992813577842689
Officially Announces Hexi Corridor Battery Swap Route in China: 1,739 Kilometers, with 20 Battery Swap Stations
NIO’s 1,739-kilometer Hexi Corridor battery swap route from Xi’an to Dunhuang will fully open on May 10 with 20 stations. The project advances NIO’s broader Silk Road route and supports nationwide battery-swap travel across mainland China’s provincial-level regions.
https://www.ithome.com/0/947/132.htm
Column: U.S. needs own EV industrial policy to counter China
The column argues the U.S. needs a stronger EV industrial policy to counter China, including restored EV tax credits, expanded charging, housing-based infrastructure support and state incentives. Tariffs alone may not protect U.S. automakers as Chinese EV firms expand globally.
https://www.autonews.com/opinion/columns/an-column-us-industrial-policy-china-auto-threat-0506/
Francois Roudier
May 6, 2026
Nissan to cut 900 job cuts in Europe as part of global restructuring
Nissan will cut around 900 European jobs, mainly white-collar and warehouse roles, and reduce Sunderland production from two lines to one, while avoiding production layoffs. The move supports a global restructuring aimed at restoring profitability and cutting 15% of Nissan’s workforce.
https://www.reuters.com/business/world-at-work/nissan-cut-10-europe-workforce-global-restructuring-ft-reports-2026-05-05/
Geely is buying the Body 3 plant in Valencia (Spain) and plans to manufacture its own car as well as one for Ford
Geely will reportedly buy Ford’s inactive Body 3 facility in Valencia, enabling independent production. It may build a multi-energy Geely model and a Ford vehicle there, potentially restoring Almussafes output above 300,000 units and supporting employment.
https://www.latribunadeautomocion.es/2026/05/geely-compra-la-planta-de-body-3-de-almussafes-y-planea-fabricar-un-coche-propio-y-otro-para-ford/
Honda to shelve $11bn Canada EV plant as demand sputters
Honda is expected to freeze its planned Ontario EV and battery plants as weak U.S. EV demand, lost tax credits and policy uncertainty push it toward hybrids. Cancellation remains possible, while Honda redirects North American production toward flexible hybrid and gasoline output.
https://asia.nikkei.com/business/automobiles/honda-to-shelve-11bn-canada-ev-plant-as-demand-sputters
Toyota switches on to electric vehicles to counter Chinese threat
Toyota is accelerating EV sales despite rivals scaling back, driven by Chinese competition, regulation and higher petrol prices. Its EV sales more than doubled in early 2026, while the group maintains its multi-pathway strategy across EVs, hybrids, hydrogen and combustion vehicles.
https://www.ft.com/content/5c321fb2-ae4c-46fa-a762-ec0bd0a2f516?syn-25a6b1a6=1
Chinese Truck Drivers Are Going Electric as Gas Prices Soar
Electric trucks are gaining rapidly in China as fuel prices rise sharply after the Iran war. Sales tripled in 2025 and doubled again in March, helped by subsidies and lower operating costs, though long-haul use remains limited by infrastructure constraints.
https://www.bloomberg.com/news/articles/2026-05-05/chinese-truck-drivers-are-going-electric-as-gas-prices-soar
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