Nissan reports heavy losses amid restructuring as EV market shifts and global chip shortages hit. Japanese automaker based in Yokohama.
The European Commission's proposed rules could exclude British-made cars from EU incentives, risking the future of UK plants like Nissan's Sunderland factory. UK industry leaders warn that exclusion from EU subsidies may lead to plant closures, impacting trade and jobs. The UK government seeks clarity and inclusion.
Chinese automakers are now producing leading electric vehicles with advanced powertrain technology and rapid charging capabilities. CATL has unveiled a third-generation lithium-iron phosphate battery that charges faster and performs well in cold weather, signaling significant progress in EV battery development.
Chinese automakers have accelerated global expansion in 2026, showcasing rapid advances in batteries, charging and autonomous tech at the Beijing Auto Show while exports have surged. BYD, Geely and CATL have rolled out ultra-fast charging batteries and chargers; Geely is exploring US production through Volvo; legacy automakers are reorganising to respond to the pressure.