Electric News

Subaru joins EV push-back after big losses
By James Cleary · 18 May 2026
Subaru has joined the lengthening list of global carmakers pushing black plans to produce new-generation EV models, with the Japanese maker preferring to take an initial financial hit through program rescheduling to benefit from what it believes will be longer-term savings.Global players including Ford, General Motors, Mercedes-Benz, Stellantis, Volvo, VW, and most recently Honda, have shelved multiple EV model programs in the face of slower than expected market uptake of battery electric vehicles (BEVs) and ongoing consumer preference for hybrid and pure-combustion models.Now, as reported by Automotive News, Subaru Corporation is delaying its independently developed electric vehicle to be produced in Japan, a move that comes in the face of the company’s dramatic 90 per cent fall in operating profit for the (Japanese) financial year ended March 31, 2026.Speaking at Subaru’s most recent Board of Directors meeting in Tokyo, President and CEO Atsushi Osaki confirmed Subaru operating profit plummeted from ¥405.3 billion ($3.58 billion) in 2025 to ¥40.1 billion ($350 million) this year.He said US tariffs on new vehicle imports alone had wiped out ¥226.9 billion ($2.00 billion) from earnings with “EV-related write-downs and impairments” accounting for another ¥57.8 billion ($510 million).“In the US, our key market, the pace of BEV adoption has slowed due in part to the easing of environmental policies. “Given this, the timing of our BEV market introduction will be pushed back.“We want to begin a comprehensive reevaluation of the entire strategy, including which models to bring to market.“We will continue developing the core components of BEVs, but we will significantly reduce the resources allocated to this effort,” he said.An all-new, in-house developed EV was scheduled to be produced at the brand’s new Oizumi plant in Gunma Prefecture, north-west of Tokyo, which is scheduled to open in 2028.But that solo strategy departs from the relative cost-effectiveness of co-production with Toyota on current electric models including the Solterra (bZ4X), Uncharted (C-HR+) and Trailseeker (bZ4X Touring).And as noted by Osaki-san, more than 70 per cent of Subaru’s global sales come from the US, with half of them imported from Japan and subsequently levied with a 15 per cent tariff.Despite a recent uptick in demand for the Solterra, Uncharted and Trailseeker in America, deliveries fell 3.2 percent to 641,000 vehicles, with the new-generation Outback in particular failing to hit the target with prospective buyers who openly state a preference for the wagon-like configuration of prior models rather than the chunkier SUV shape of the latest iteration.As to when the Oizumi EV program will be reenergised, Osaki said, “We intend to finalize the exact launch timing of our in-house BEV models after carefully monitoring market conditions. It is still too early to say a specific timeline at this point.“We are revising our introduction strategy to anticipate when the US market enters the BEV adoption phase.”Looking ahead, Subaru forecast coming year sales to increase 4.9 per cent to 940,000 vehicles, with North America up 3.9 per cent to 736,000 vehicles and Japan up 4.9 per cent to 108,000.It’s worth noting Australian Subaru sales dropped 3.9 per cent for the 2025 calendar year (39,005 vs 40,604 units) and were down 19.3 per cent year-to-date at the end of April 2026 (9737 vs 12,067 units).
Read the article
Denza's power move against Patrol, Pajero
By Dom Tripolone · 15 May 2026
BYD is about to deploy the ace up its sleeve.The Chinese behemoth recently confirmed it would be building its own Flash charging network in Australia, with the first sites at Denza dealers in Sydney, Melbourne and Adelaide ready to go at the end of the year.BYD’s flash chargers are capable of delivering up to 1500kW of juice to electric cars and replenishing batteries from 0 to 97 per cent in nine minutes.That’s almost four times the power of the most powerful electric charger in Australia, with the first of Ampcharge’s 400kW pylons recently installed at Sydney’s Eastern Creek and Evie's 400kW chargers also being installed in Sutton Forest between Sydney and Canberra.BYD said it would be building the network in major cities, not rural areas.Now BYD — and its Denza sub-brand vehicles — are rolling out flash charging compatible versions of popular models in China.The latest to break cover overseas is flash charging compatible versions of the Denza B5 and B8 plug-in hybrid 4WDs. These models are known as the Fangchengbao B5 and B8 in China.This would give the Chinese brand a big advantage over conventional 4WDs such as the Toyota LandCruiser, incoming Nissan Y63 Patrol and new Mitsubishi Pajero.The plan is for BYD and Denza branded models to all get flash charging capabilities when they are available for Australia. Denza Australia wouldn't confirm when that would be for the B5 and B8.These updated models also come with bigger batteries, according to Chinese reports.The pair gain a new circa-46kWh battery that can help deliver a total driving range of close to 1400km when the battery and fuel tank are drained.More powerful electric motors, one front and one rear, boost combined power to 505kW/760Nkm for the B5 and 550kW/760Nm for the B8.Styling remains the same, with the rugged boxy shape staying put. Chinese models gain a range of Lidar tech that will assist autonomous driving, but this upgrade is unlikely for Australia where the tech isn’t as desirable.The rollout of ultra fast charging vehicles would remove the final hurdle for plug-in hybrid and electric vehicles in Australia.The ability to quickly charge makes travelling around this vast nation less of a mental barrier for many motorists considering making the switch. 
Read the article
Bad news for iconic car's EV version
By James Cleary · 14 May 2026
Volkswagen global CEO Thomas Schäfer has confirmed an electric version of the German giant’s next-gen Golf 9 will appear much later than its originally scheduled 2028 launch date.As recently as March this year CarsGuide reported that VW AG Chairwoman of the General and Group Works Council Daniela Cavallo had flagged a mid-2027 shift of production of the internal-combustion Golf from Wolfsburg in Germany to the company’s Puebla plant in Southern Mexico.And Ms Cavallo was keen to reassure the Wolfsburg plant employees she represents that the move was designed to make way for a ninth-generation, pure-electric ID.Golf produced in Germany, showing a teaser silhouette image of the upcoming Golf 9.But speaking overnight at the Financial Times Future of the Car Summit in London, CEO Schäfer has pointed to the end of the decade as the earliest launch point for a Golf EV.“We have a fantastic line-up now that we do not need an electric Golf in 2028. We are well set with what we have in our portfolio with our vehicles," he said.One of a panel of close to 90 speakers at the summit, including Stellantis CEO Antonia Filosa, Nissan CEO Ivan Espinosa and Ford Europe President Jim Baumbick, Mr Schäfer went on to give a progress update on the VW Group’s all-new 800V Scalable Systems Platform (SSP) set (according to VW Group CEO Oliver Blume) to bring price parity to ICE and EV models.In a pointer to a timing pushback for the ID.Golf, Schäfer said, “SSP, we will roll it out across the brands. We will start with the premium brands first. It will start with Audi, then Porsche, then us and on and on.“It sounds like we take so long (with SSP), but for us we are looking at scale and you have to have scale in this game or you'll never make margin parity,” he said. The rescheduling may also reflect Blume’s reported announcement in February this year of a planned 20 per cent reduction in costs across all VW Group brands by the end of 2028.As detailed by Manager Magazin, in response to falling profits caused by higher input costs, a softening Chinese vehicle market, increasing competition from Chinese brands outside their domestic market and US tariffs, Blume and group CFO Arno Antlitz presented a "massive" savings plan at a closed-door meeting with the company's top executives in Berlin in mid-January.Manager Magazin quotes one insider predicting even more radical steps than those recently taken by VW, in which around 35,000 jobs are to be cut by 2030.“It will also involve plant closures,” they said. 
Read the article
Mazda makes big call on EVs
By Dom Tripolone · 13 May 2026
Mazda is walking back its electric car plans as it shifts resources to hybrid vehicles.The Japanese brand’s CEO Masahiro Moro said the company will move the launch of its dedicated electric vehicle platform back to 2029, according to Autonews.Instead Mazda will redirect staff to focus on its new range of hybrid vehicles powered by its in-house developed 'Skyactiv-Z' setup, which will debut in the new CX-5 SUV late next year.“Regarding internal man-hours, we are shifting resources back from electric vehicle-related work to internal combustion engines and hybrid vehicles,” said Moro.“When paired with the Skyactiv-Z, our in-house hybrid system creates an excellent combination with an engine that offers exceptional performance and efficiency.”Mazda told CarsGuide during a briefing at its research and development centre in Tokyo in 2025 it will have its own electric car platform, which was to bear fruit by 2028.The company was going to use the next few years to transition to electrification with a focus on battery tech development and procurements before the first dedicated electric car rolls off the production line.Mazda is developing a new way of producing cars that would allow one production line to make internal-combustion engined vehicles, hybrids and electric vehicles depending on demand.This would help it adjust to lulls in EV demand without having to mothball production lines, which has impacted other major makers such as Ford and Volkswagen.Mazda’s partnership with Chinese carmaker Changan has bought it some time to get its own in-house developed vehicles up to speed.The 6e sedan will launch in Australia in the coming months, followed by the CX-6e SUV. Mazda also has plans for at least three more vehicles from the partnership.Moro also announced the company was reducing its EV sales target from as much as 40 per cent of sales to just 15 per cent by 2030.Mazda will instead focus on hybrids, which have also experienced strong growth, especially in the US, which is Mazda’s biggest market by some margin.Mazda fans can expect the new hybrid tech to be fitted to a wide range of vehicles.The company said the hybrid engine will be the core power source for its line-up in the electrification era over the next decade.Mazda hasn’t committed to what models will use the hybrid, but said it could be introduced to any model and it could become mainstream.That means we could see a next-generation CX-30 or Mazda3 hybrid in the coming years, as Mazda’s Chief Financial Officer, Jeff Guyton, said the next-generation small cars were the next priority after the brand finishes its hybrid development.Mazda also confirmed a new CX-3 SUV, which is due in 2027 and could be the next model to go hybrid.
Read the article
Kia to green light Denza and Xiaomi rival
By James Cleary · 12 May 2026
Kia’s wild looking Vision Meta Turismo concept looks set for full production as a futuristic, pure-electric successor to the Stinger sedan.As reported by Autocar, the Korean brand’s Executive Vice President and Head of Global Design Karim Habib has said the only thing stopping Kia putting sleek the GT in showrooms is evolving model line-up strategy."At this point, it is more strategic. It's a pure EV and the price of doing a high-performance EV is what is slowing us down.“Hopefully, the upward movement of EVs keeps going. I think there will be more openness to this car. At least that's what we're betting on," he said. Kia said the Vision Meta Turismo has been developed around “three core experiences” - performance driving, lounge-like space and comfort and immersive digital interaction - expressed as ‘Speedster’, ‘Dreamer’ and ‘Gamer’.A production version of the luxurious four-door would likely be underpinned by the Hyundai Group’s dedicated Electric-Global Modular Platform (E-GMP).Its 800-volt electric architecture enables dual-motor performance and ultra-fast charging, with the current EV6 and EV9 charging from 10 to 80 per cent in around 20 minutes on a 350kW pylon.This would put it on a collision course with some of China's latest and greatest, such as the Xiaomi SU7 and Denza Z9GT performance sedans.On the car’s potential role as a Stinger replacement Habib added, “We have a small history of doing cars like the Stinger and that's something we don't want to give up on. “The Meta Turismo is our idea of a sports sedan for the gamer generation. A few years ago, we started thinking about what could we do beyond SUVs?“We do produce and sell a lot of SUVs, which is good, but we also believe that there's more than that," he said. Headline features from the concept car unlikely to make production reality in their current form include an augmented reality head-up display that “distorts the surrounding space as speed intensifies”, a slide-away steering wheel and a series of game-style controllers including a central unit integrated into the front console structure.
Read the article
Legendary badge could return on new hatch
By Laura Berry · 11 May 2026
Hot on the heels of Volkswagen’s unveiling of its fully electric ID. Polo, the brand has hinted that a high-performance ‘Clubsport’ version of the little hatch is on the way, according to reports.The ID. Polo is Volkswagen’s first electric variant of the model and it has just arrived in Europe to rival the likes of the BYD Dolphin and MG4 with an entry price of about $41,000. The sporty GTI version is due to launch in Europe next year.Now according to British publication Autocar, Volkswagen is tinkering away on an even sportier ‘Clubsport’ variant.While at the preview drive of the ID. Polo GTI Volkswagen dynamics boss Florian Umbach hinted of what was to come."We are working on something," he told Autocar. "There is certainly more peak power that we can find from the motor and battery hardware that we have and more torque that the front axle could handle also. There is clear potential.” Umbach also revealed that Volkswagen was working on a paddle shift style ‘gear-change’ system for the vehicle similar to what Hyundai uses on the Ioniq 5 N.“This is simply a software thing,” he explained. “It’s all about motor control and an audio soundtrack to match.” There is a catch, however. And that, according to Umbach, is the success of the GTI. If that proves popular then his other ‘dream’ projects like Clubsport have a chance of getting the green light.“These are the kinds of things that the executive board will only let us explore if the GTI is a commercial success, of course. If people respond to this car as it is, we can really take it to the next level.”The ID. Polo has yet to be confirmed for Australia with the local arm saying that neither availability nor timing for the arrival of the hatch were certain.The ID. Polo is shorter in length than its petrol cousin at 4053mm, but wider at 1816mm and taller at 1530mm.Powering the ID. Polo is a choice of three motors making 85kW, 99kW and 155kW, while the GTI version will produce 166kW.Two batteries are offered - a 37kWh with 329km of range and a 52kWh battery will offer up to 454km.Volkswagen has a growing range of electric models in its Australian line-up which includes the ID. Buzz people mover, ID. Cargo van and Transporter, along with the ID. 4 and ID.5 SUVs. 
Read the article
Big brand's eye-popping BYD rival detailed
By Tim Gibson · 11 May 2026
Hyundai’s next Chinese-built car has just been revealed and it remains a possibility for Australia.The Ioniq V sedan has appeared in Chinese homologation documents for the first time, having made its official debut at the 2026 Beijing Motor Show last month.The Toyota Camry-sized sedan will have full-electric and range-extender variants when it goes on sale in China.It looks like the Ioniq V will be a China-exclusive model at this stage, with potential for a global launch in the future, meaning Australia has not been ruled out. “We make it our business to study all overseas models and look at their potential for Australia, however there are currently no plans to launch Ioniq V locally,” a spokesperson from Hyundai Australia told CarsGuide.Hyundai's global boss Jose Munoz said at the reveal of the Ioniq V that its Chinese cars will define global vehicles, which points to its future export potential.“With significant investments into Beijing Hyundai, 20 new models coming over the next five years, the official launch of our Ioniq brand in China and the unveiling of Ioniq V, this is the most committed, the most ambitious, and the most exciting chapter we have ever written in this market.“China is where the future of mobility is being defined, and Hyundai intends to help define it, In China, For China, and ultimately, for the world.”Hyundai is already introducing Chinese-built cars to Australia, with the Elexio mid-size SUV, opening the door for future China-sourced models Down Under.The brand has been boosting its EV push in Australia, eager wipe out the fines incurred in the 2025 New Vehicle Efficiency Standard (NVES) performance period. Supply (unsold and pre-built stock) of its Inster, Kona electric and Elexio SUVs all increased by at least 50 per cent between Q1 and Q2 of 2026, with more sales expected to follow. There are limited other details available for the Ioniq V, with more expected to be released closer to launch. We know the car will have an 800-volt platform, supporting super fast charging. It has a standout design, featuring a sloping bonnet and frameless windows. It has an angular light set-up with sharp creases along the body. On the inside, there is a 27-inch central touchscreen spanning much of the dashboard, along with a head-up display. The Ioniq V is the first of 20 new Chinese Hyundai models being planned in the next five years. 
Read the article
Toyota’s big behind the scenes changes
By Tom White · 11 May 2026
Toyota's new CEO says the world's biggest automotive brand would engage in some big changes as it battles shrinking profits in a tough global economy.Chief Executive Officer of Toyota, Kenta Kon, said while Toyota had strong results thanks to “marketing efforts” in several key markets, including the USA where it had a record sales result, the company was expecting operating income to continue to decline due to the conflict in the Middle East and ongoing challenges with US tariffs.Importantly,  Kon earmarked several big areas of change. One is to reduce the amount of time it was taking the brand to deliver new hybrid models, something Australian buyers of the new-generation RAV4 (or even the previous RAV4 during production shortages of COVID) will be familiar with.“Our hybrid customers have been waiting a long time to receive delivery, so we must deliver to these customers more reliably. That’s the first thing we must achieve, because as a manufacturer, that is our biggest mission,” Kon said at a press conference announcing its 2025 full year financial results.Currently, the new RAV4 has a three-to-six month waiting period, depending on model grade.Toyota Australia's Vice President of Sales Marketing and Franchise Operations, John Pappas, recently told CarsGuide the increase in complexity for the new model range across 2WD, AWD, and now plug-in hybrid variants would have an impact.As a result of these delays, plus a dip in supply between the runout of the old model and launch of the new version, Toyota’s Australian sales dropped 19.3 per cent in March, marking an overall drop of 23 per cent down for the quarter year-on-year.Toyota’s long-touted multi-pathway strategy, which has seen the Japanese auto giant move slowly on its roll-out of battery electric vehicles, is something Kenta Kon will be looking to “accelerate” as part of a new mission to “re-organise our production models".This could mark a big change for the company. As to what Kon means, he said while Toyota was “fortunate” to be in a financial position to keep providing its buyers the “convenience” of hybrids, going forward the brand will need to undertake a “review of the model mix".“As we pursue along the line of multi-pathway, that will naturally increase the number of models and that means an increase in the number of parts and specifications which will make this even more complex for customers” Kon said.“So I believe that if we can review that complexity, that would have a major impact.”However, responding to a question on globally plateauing EV demand, Kon said the company’s strategy would still include increased battery electric sales.“Whatever the cars that our customers want, we would like to deliver - if our customers want BEVs we will deliver them good BEVs and that will remain the fundamental part of our strategy,” he said.Adding to Kon’s comments, Executive Vice President and Chief Financial Officer of Toyota, Yoichi Miyazaki, said the company had to “adjust the sales numbers to actual demand and in areas where BEVs will grow".Interestingly, he noted the brand would continue to lean into its joint-venture operations for fully electric sales success.Miyazaki noted China, which is already a “mainstream market to begin with for BEVs” was already a success story for Toyota off the back of its FAW and GAC joint-venture models like the bZ3X.He also said Toyota’s strategy to roll out both its own and joint-developed models with Suzuki will continue in Europe. Interestingly, he also earmarked the USA as having strong potential for battery electric growth.Miyazaki also declared one thing Toyota won’t do as part of its strategy going forward, despite the need to repair its profits.“There was a time when we only pursued volumes. We will never go back to that, and each of our employees understand that,” he said.Stay tuned to see what impacts Toyota's global strategic changes will have on the local product offering, as Australia's new emissions laws for passenger vehicles inevitably have an impact on the brand's line-up.
Read the article
Five most in-demand EVs revealed
By Stephen Ottley · 11 May 2026
Electric cars are finally having their moment. As petrol and diesel prices soar, it appears everyone on the fence about buying an electric vehicle (EV) have taken the plunge.Having steadily hovered around the 10 per cent total market share for the past 18 months, EVs accounted for more than 16 per cent in April. That means approximately one-in-six cars sold last month were battery-powered.But perhaps even more interesting than just the total number of EVs sold, was who was selling them. The days of Tesla dominating the electric market appear to be over, with several new names emerging as popular options for Australians.Here are five of the most in-demand EVs in 2026.BYD Sealion 7For all the hype around BYD’s Shark 6 ute and cut-price Atto 1, the real star for the brand is its mid-size SUV. The Sealion 7 isn’t just a popular EV, it’s also one of the most popular SUVs on the market and was the seventh best-selling vehicle in April.Sales are up 342.2% year-to-date, but it isn’t just a sudden surge in the wake of the fuel crisis. The Sealion 7 has been a popular choice almost since it arrived. It was the eighth most popular SUV in its segment in 2025, behind some of the biggest names in the market - Toyota RAV4, Mitsubishi Outlander, Kia Sportage and Subaru Forester.So regardless of what happens with fuel prices in the coming months, the Sealion 7 looks set to remain a popular choice for anyone looking for a mid-size SUV, electric or otherwise.Geely EX5 If there is a biggest winner of the current surge in EV sales it is the Geely’s EX5. Sales are up 415.4% year-to-date, peaking with 1202 in April alone. That’s up from an average of just 328 sales per month in 2025 and its jump demonstrates that it is genuine demand in EVs, not simply availability, that is driving this current boom. The EX5 was already one of the most affordable EVs on the market, starting at just $41,990, so if it was simply price and choice creating this sales increase in electric options there’s no reason it wouldn’t have started last year.Instead, Geely is taking advantage of its appealing price and benefiting as Australian buyers look for a way to beat the pain at the pump.Zeekr 7X While it doesn’t have the sheer volume of others on this list, selling only 2698 examples so far in 2026, the 7X is proving to be consistently popular while growing in sales.It’s not surprising that it isn’t selling in bigger volumes like the BYD and Geely, as it is positioned as a more premium offering with a starting price of $57,900  that stretches to $72,900 for the flagship Performance AWD model.But averaging nearly 675 sales per month to start 2026, with a spike of 973 sales in April, it’s clear that the 7X is an EV with a growing following.Kia EV3 You may have noticed a theme with the previously mentioned models, as the newer Chinese brands have claimed the role of EV leaders. But one of the established brands holding its own is Kia.Not all of its EVs are proving a sales hit, with the larger EV6 and EV9 still returning relatively modest sales numbers, but the smaller EV3 is doing well. Sales are up 150.2 per cent year-to-date, helping it become the most popular small electric SUV in its price range.The EV3 has garnered critical acclaim and has been slowly building a customer base, likely appealing to those looking to make the electric switch with a brand they know and trust.Sales of the larger EV5 are also up in 2026, but nowhere near to the same level, increasing only 28.7 per cent as it competes directly against the Sealion 7, EX5 and even the 7X.Toyota bZ4XCompared to the other cars on this list the total 2026 sales of just 1323 looks a bit poor, but when you consider how the bZ4X has performed previously it is having a breakout moment.Toyota’s first EV averaged less than 87 sales per month in 2025 but in 2026 it is averaging 330 sales per month so far; peaking at 483 sales in April.This is likely thanks to a renewed marketing push from Toyota, the RAV4 changeover and the high petrol prices leading Australian buyers to give it another look. How long this continues remains to be seen, but given the struggle Toyota has had with this model so far, this is a definite bright spot for the bZ4X.
Read the article
Not even BYD's Shark 6 can save the ute
By Dom Tripolone · 10 May 2026
We’ve hit peak ute and the only way is down as Aussies abandon the diesel-guzzling workhorses.
Read the article