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On March 27, Ninebot announced a brand partnership with Xiaotiandou, a popular IP under POP MART. The two parties will engage in in-depth co-creation centered on young consumer groups and the expression of sentiment value, and are expected to launch their first co-branded IP EV product in April.

According to a March 27 announcement from the State Administration for Market Regulation, two of Toyota's joint ventures in China are expected to recall a total of 560,200 vehicles starting April 1 this year.

On March 23 (local time), Toyota announced plans to invest $800 million in its Kentucky plant to prepare for a second battery electric vehicle (BEV) production line and expand capacity for the Camry and RAV4. The company will also invest $200 million across two facilities in Indiana to increase production of the Grand Highlander SUV, while advancing parallel efforts related to battery manufacturing.

South Korea’s Ministry of Land, Infrastructure and Transport announced that it will pre-announce amendments to the Enforcement Decree and related regulations of the Automobile Management Act to enhance safety management of batteries used in electric vehicles. The revisions include expanded information disclosure and stricter criteria for certification revocation. Under the new rules, consumers will be able to access more detailed information when purchasing EVs, including the battery’s country of origin, manufacturer, and production date.

According to an announcement by the US National Highway Traffic Safety Administration, Hyundai Motor America announced a recall of 61,093 vehicles.

According to China Trade Remedies Information, on March 18, 2026, in response to applications filed by US enterprises including RealTruck, Inc., the US Department of Commerce announced the initiation of anti-dumping and countervailing investigations into truck bed covers imported from China. The US International Trade Commission (ITC) was expected to make a preliminary determination on industrial injury no later than April 13, 2026. According to US statistics, in 2025 the value of US imports of truck bed covers from China was approximately $1.1 billion.

XPeng Motors' Q4 2025 revenue was 22.25 billion yuan, up 38.2% YoY; Q4 non-GAAP net profit was approximately 510 million yuan. XPeng Motors expected Q1 vehicle deliveries to decline 29.8%-35.1% YoY, to between 61,000 and 66,000 units.

[Nvidia Unveiled an L4 Autonomous Driving Platform, and Multiple Automakers and Mobility Platforms Announced Partnerships] On March 17 local time, at the 2026 GTC conference, Nvidia announced multiple advances in L4 autonomous driving technology and partnership updates. It will work with leading automakers including BYD, Geely, and Nissan to jointly develop next-generation L4 autonomous driving programs based on the NVIDIA DRIVE Hyperion platform. Isuzu, meanwhile, partnered with TIER IV to use the platform’s core component, the DRIVE AGX Thor chip, to build an L4 autonomous driving bus.

[Bank of America: Humanoid Robot Shipments Are Expected to Grow 86% Annually Over the Next Five Years] Bank of America forecasts that annual shipments of humanoid robots will increase from 90,000 units in 2026 to 1.2 million units in 2030, with a compound annual growth rate as high as 86%, faster than the growth seen in the early EV market. BofA also expects the global number of humanoid robots to reach 3 billion by 2060, exceeding the current global automobile ownership of 1.5 billion units.

[Hyundai Motor Group and Huayou Cobalt Jointly Built a Power Battery Recycling System in Indonesia] Recently, Hyundai Motor Group signed a cooperation agreement with Zhejiang Huayou Recycling Technology Co., Ltd. (a subsidiary of Huayou Cobalt) to jointly build an EV power battery recycling system in Indonesia. The cooperation covered the recycling and utilization of battery production scrap and end-of-life batteries, aiming to achieve a closed-loop resource system throughout the entire battery life cycle.

[Toyota Indonesia Warns Escalating Middle East Conflict May Affect Exports and Global Supply Chains] Toyota Motor Manufacturing Indonesia (TMMIN) recently stated that the continuously escalating conflict in the Middle East could have multi-stage impacts on the company's export business and global supply chains. Bob Azamangkat, the company's vice chairman, told Indonesian automotive media that the company is currently continuing to assess potential fluctuations in energy prices and disruptions to international logistics routes that the conflict may trigger.

[Volvo Cars Will Cease Production of the EX30 in the US] Swedish automaker Volvo Cars said on March 16 that it would stop producing the small electric SUV EX30 and the EX30 crossover in the US later this year. Sales of these two car models in the US market will end after the 2026 model year, but the EX30 will continue to be sold in other markets, including Canada and Mexico.

[Due to Declining Exports to the Middle East, Nissan Motor Will Reduce Production] Nissan Motor Co. plans to cut production due to a decline in exports to the Middle East. According to foreign media reports, the company will reduce monthly production at its plant in Kyushu, Japan, by 1,200 units. This decision was made as challenges in the Middle Eastern market have affected Nissan’s overall manufacturing strategy.

Nissan Motor said it would introduce the US-produced Murano car model to the Japanese market, with sales expected to begin in early 2027.