Covers the latest developments in the automotive industry's shift to electrification, including OEM strategies, EV platform upgrades, battery innovations, and policy-driven industrial change.
Gordie Howe International Bridge Opens, Magna Drops Out of Global Top 3 Suppliers, Stellantis Temporarily Avoids New Bridge
Faced with a 50% sales drop over five years, Acura's exit, and sluggish EV demand, Honda doubles down instead of pulling out
Flash
Operating profit plunges 93% year-on-year; Taycan and Cayenne fail to reverse decline
High German production costs, halved China sales, and ID-series pressure push VW toward €6 billion annual cost-cutting target
Net loss of ¥423.9 billion ($182 million) in FY2026; China sales down 60% over five years; EV bet fully reversed
