Electric Vehicles
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 EU Commission plans to speed up the electrification of corporate fleets, which Sixt's CEO warns could raise rental car prices. Konstantin Sixt stated that higher vehicle costs would be passed on to customers. He described the draft as an example of well-intentioned policy sliding into a planned economy.
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Tensions between the United States and Iran have disrupted energy supplies through the Strait of Hormuz in March 2026, spiking oil and LNG prices and affecting Indonesia. The country relies on imported fossil fuels but holds opportunities from critical mineral reserves. Experts recommend accelerating electric vehicle adoption and leveraging natural resources.
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.
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Volvo Car USA will discontinue sales of the EX30 and EX30 Cross Country electric SUVs in the US market after the 2026 model year. The decision follows challenges including tariffs, production shifts and weak sales. The models will continue in other markets.
The ADAC provided around 3.7 million breakdown assists nationwide in 2025, a slight increase from the previous year. The most common cause was a defective starter battery, while breakdowns involving electric vehicles and bicycles rose significantly.
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Tesla's six-seat Model Y L variant is set for launch in South Korea as early as the first half of 2026, following regulatory approvals. The extended-wheelbase model, already available in China since August 2025, will also arrive in Australia and New Zealand next year. However, U.S. customers face delays, with no immediate plans for entry.
Volkswagen withdraws Skoda brand from mainland China
March 24, 2026 01:52Three Chinese EV makers raise prices but analysts warn of weak demand
March 23, 2026 08:00Tesla patent describes trailer-mounted range extender battery
March 21, 2026 05:30BYD boosts Flash Chargers to 600+ mile full charge in nine minutes
March 20, 2026 18:11Mercedes-Benz Korea appoints new CEO to accelerate EV transition
March 16, 2026 19:40Tesla releases deep dive video of new Model Y L
March 16, 2026 07:32BYD EV achieves 70% charge in 5 minutes, 644-mile range ahead of Europe launch
March 13, 2026 10:23Tesla announces new Supercharger in Chula Vista
March 12, 2026 16:31GM supports restoration of privately owned EV1 with factory parts
March 11, 2026 12:22Honda cancels three North American EV models amid EV downturn, forecasts up to ¥690 billion FY2025 loss