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Five firms make the PLI cut to manufacture hydrogen-powered vehicles | Economy & Policy News

“Several automobile companies have expressed their interest to set up their manufacturing units and invest in India for hydrogen fuel cell-powered automobiles. So far, five companies have been approved.

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Mercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months | Automobile

Meanwhile, the German automotive corporation headquartered in Stuttgart right now has no plans to set up a car manufacturing facility in India as it has enough production capacity worldwide.

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EV registrations fall in 2025 for first time in a decade; December numbers plunge 48% after tax credit repeal

U.S. EV registrations declined 0.4 percent to 1.3 million vehicles while EV share of the light-vehicle market fell to 7.8 percent from 8 percent a year earlier. Source link

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Flying taxis take flight with $900 million boost from Toyota

With money, manpower and manufacturing expertise, Toyota is helping a California air taxi startup make the difficult transition from pie-in-the-sky prototype to fledgling operational mobility provider. Source link

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SIAM: Passenger car exports surge to offset domestic sales decline in January 2026

Volumes stood at 37,329 units in January 2026, compared to the 25,990 units exported in January 2025, reflecting a 43.6 per cent surge. The increase comes at a time when.

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China, in new safety push, takes aim at screen-heavy dashboards

China’s Ministry of Industry and Information Technology said functions including turn signals, hazard lights, gear selection and emergency calling must have fixed buttons or switches with a minimum surface size..

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Top 5 stories of the week: Solid-state battery race; Nissan’s cost-cutting progress

Here’s a quick rundown of the week’s top stories as determined by reader interest. Source link

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Magna earnings, shares jump as better margins overshadow tariffs

The supplier’s full-year results met or topped internal guidance across key metrics such as revenue, adjusted earnings and free cash flow. Source link

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Automakers regroup as market shifts after $50 billion EV debacle

GM, Ford, Stellantis and Honda all have announced billions of dollars in charges to write down EV investments that didn’t pay off. Source link

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Top 5 Canadian auto stories this week: Canada’s auto playbook, Dealers embrace Chinese EVs; Robots on the march; more

Here’s a rundown of the week’s top stories as determined by reader interest. Source link

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