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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.
The mobile driver's license service resumes operations on Thursday, March 26, 2026, in several areas to handle renewals for licenses expiring between March 19-24. The dispensation period for renewals extends until March 28, 2026. Residents are advised to arrive early due to expected crowds after the long holiday.
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Volkswagen is holding talks with Israel's Rafael Advanced Defense Systems to produce Iron Dome air defense components at its Osnabrück plant, the Financial Times reports. The facility, employing 2,300 workers, faces closure after T-Roc Cabrio production ends in mid-2027.
Lucid Group executives presented at the Bank of America Global Automotive Summit on March 17, 2026. Interim CEO Marc Winterhoff and CFO Taoufiq Boussaid discussed recent Investor Day updates. They emphasized a transition from heavy investments ending in 2026.
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BMW has revealed its all-new i3 electric sedan, a sporty 3 Series EV built on the Neue Klasse platform. The model offers 440 miles of EPA range, 463 horsepower and production starting in August 2026. It features advanced tech like an 800-volt system and Panoramic Vision display.
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.
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Samsung Electronics Chairman Lee Jae-yong returned to Seoul on Friday from a business trip to Europe. He likely held meetings with European carmakers on battery cooperation. He arrived at Gimpo International Airport with Samsung SDI CEO Choi Joo-sun.
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