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Dramatic photo of cancelled Afeela 1 sedan and Afeela 2 SUV in an empty showroom with 'CANCELLED' sign and refund forms, symbolizing Sony Honda Mobility's EV project discontinuation.
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Sony Honda Mobility cancels Afeela 1 sedan and Afeela 2 SUV amid Honda's EV strategy shift

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Sony Honda Mobility, the joint venture between Sony and Honda, has discontinued its two electric vehicle models: the Afeela 1 sedan and Afeela 2 SUV. The decision follows Honda's reassessment of its electrification strategy on March 12, 2026, and comes amid slowing U.S. EV demand. The company will issue full refunds to U.S. customers who placed reservations.

Volkswagen Group will withdraw its Skoda brand from mainland China by mid-2026 after years of falling sales. Deliveries dropped from 341,000 in 2018 to around 15,000 last year as domestic EV makers gained market share.

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Xiaomi, Chery and FAW have raised prices on their electric vehicles amid surging chip and raw material costs, a sharp departure from 2025's aggressive cuts, though analysts caution that weak demand could force reversals. The trend started earlier this month, with Xiaomi making the latest adjustment.

Tesla has released a deep dive video on the new Model Y L. The announcement came via a post on X by SawyerMerritt.

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Building on its December 2025 Flash Charging technology, Chinese EV maker BYD has unveiled a new model that charges to 70% in 5 minutes and fully in 9 minutes, offering a 644-mile range. It is set to launch in Europe this April.

LG Energy Solution has decided not to use cathode materials from affiliate LG Chem in batteries supplied to Tesla due to unmet high energy density standards. Instead, the company is turning to competitor L&F to meet Tesla's demands for ultra-high nickel batteries. This shift highlights intensifying competition in the battery materials market amid a temporary electric vehicle demand slump.

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A driver tested the real-world range of a Tesla Cybertruck Cyberbeast by completing a 1,400-mile round trip from Florida to North Carolina. The vehicle met or exceeded its predicted mileage, with no range anxiety reported due to careful planning. Charging costs were lower than equivalent gas travel.

 

 

 

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