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China may hog much of the automotive headlines nowadays, with its aggressively and allegedly heavily-subsidised cheap vehicle-export strategy.But it is the South Korean carmakers Hyundai, Kia and even KGM (formerly SsangYong) that have come of age this decade, through engineering excellence, bold design, visionary product planning and sheer value for money that is the envy of the rest of the world.In fact, every year since 2020, a Korean vehicle has stood out above all others in some way, showing up anything Japan, Germany, France, Italy and America can do.Korea is the actual fear of the rest of the world, and here’s why.China dominates the electric vehicle (EV) segment in many parts of the world with unfeasibly inexpensive models that have democratised the technology.But the Hyundai Motor Group (HMG), which includes Kia, that makes the best affordable EVs, due to progressive technologies that, in models like the Hyundai Ioniq 5 and Kia EV6, have included faster-charging 800-volt architectures, Vehicle-to-Load (V2L) tech and other advancements that were the provenance of high-end European marques like Porsche.And let’s not forget the brilliant ballistic missile that is the Ioniq 5 N, a performance grand-touring hot hatch that redefines what an EV can do.HMG invested billions in electrification well before most other mainstream carmakers during the 2010s, gaining experience with early EVs like the original, Toyota Prius-esque Ioniq, Kona Electric and Kia Niro EV, allowing Korea to forge ahead with next-gen models nowadays.Sticking with the Ioniq 5, this is an incredibly talented mid-sized SUV for a number of other reasons besides breakthrough EV engineering, such as for design, interior packaging and overall sophistication.It still turns heads with crisp, timeless design that plays lip service to Hyundai’s first in-house-developed production car (the 1970s Pony), while it has a loping, relaxed refinement that embarrasses most other SUVs, period.For us, the Ioniq 5 remains a leading candidate for the car of the decade, even though it launched back in 2021.In 2026, the Kia EV3 is arguably the best small SUV EV for the money on a number of fronts, especially where Chinese vehicles struggle with, including unintrusive advanced driver-assist systems (ADAS) tech, user-friendly vehicle controls, regional steering and suspension tuning and Australia-wide servicing access.More than the sum of its parts, the EV3 simply behaves and drives like a good car should, with few vices or frustrating surprises.Everybody remembers the Kia Stinger of 2017, an ambitious but ultimately doomed final attempt at a large, rear-drive family sedan in the mould of the Holden Commodore and Ford Falcon.A glorious failure, it cemented Kia a place in the hearts of performance family sedan fans.Except… its spirit lives on in the award-winning Kia EV6, the just-as-talented but far-sleeker cousin to the Ioniq 5, melding the packaging, practicality and performance of, say, a VF SS or Falcon XR6 Turbo, within an EV proposition.And, guess what, with Millennials and Gen Z buyers rejecting SUVs and crossovers as daggy and boring, it is Kia that is poised to step up with a cool, sleek and sophisticated liftback. So much more mature and charming than a Tesla Model 3.For most of this decade, it has been Korea that has offered Australia’s cheapest new car in the Kia Picanto.Yes, it’s old and one of the smallest on the market, but the Picanto’s proven reliability, solid engineering, decent safety specification, long warranty, dealer-network back-up and decent dynamics make it a dependable and enjoyable runabout.Nowadays the improved second-gen MG 3 is nipping at the Kia’s heels, but Kia has no intention of abandoning the bargain basement in Australia… we hope.Kia has obviously shot itself in the foot with the Tasman because of its kooky, oddball styling.But the sole Korean body-on-frame one-tonne ute is currently the best in its diesel-powered class, with a lovely, refined and roomy interior, excellent workhorse capability, a powerful yet proven and efficient powertrain and pleasing servicing back-up.The Tasman is also impressive to drive, and we do not hesitate to recommend one over its rivals – especially as a long-term ownership proposition.No DPF issues like the Toyota HiLux or engine-belt and transmission problems that reportedly afflicts the Ford Ranger, either. The Kia is a better vehicle than either of these segment best-sellers in our estimation.In North America, the Ford has prised open the car-based, monocoque-bodied, dual-cab ute market wide open with the SUV-derived Maverick, and that’s a deserved success for the hybrid and turbo-petrol-powered pick-upYet it is Korean minnow KGM that has pioneered the similar concept, but as a battery electric ute, with the Musso EV.Along with being a good-looking, comfortable and refined five-seater family car, it is keenly priced, well equipped, decent to drive and everyday-useable thanks to a WLTP range of between 380km and 420km.Plus, and, in keeping with the Musso heritage, there is some ute functionality on offer, including AWD availability and an 1800kg braked towing capacity.There’s nothing even remotely like it in Australia right now that combines all of the above, except from KGM. Which shouldn’t be too surprising, given that the original Korando all the way back in 1983 was named for the contraction of the term “Korea can do”.

The Ford Ranger, Toyota HiLux and RAV4 are typically Australia’s most popular cars in any given month. But what other cars are having a great 2026?We’ve scoured the latest new car sales data to reveal the cars that are off to a storming start in the first five months of this year. For our list we’ve tried to focus on cars that have shown at least double-digit sales growth and have sold at least four-digit volume, so we avoid niche models that are coming off a very low base.We also deliberately avoided focusing on electric vehicles, as we have previously written about the EVs that are enjoying a sales boom in 2026.This is by no means a comprehensive list, and there are several models that are enjoying huge growth from brands such as BYD and Chery, but we’ve limited it to one entry to highlight more brands.Chery Tiggo 7 Pro - up 200.2%Choosing a Chery to put on this list wasn’t an easy task, as the brand is enjoying a bumper year with total sales up more than 84 per cent. The compact Tiggo 4 Pro remains the brand’s sales leader, with more than 11k sold already, but the Tiggo 7 is the clear star performer in terms of growth.With sales tracking more than 200 per cent up, the Tiggo 7 Pro has moved from also-ran to serious contender in the intensely competitive mid-size SUV market. It’s still well-short of the class-leading Toyota RAV4, but only the related Jaecoo J7 (up 427%) and BYD Sealion 7 (up 297%) have experienced more growth so far this year.Kia K4 - up 103.5%Reports of the demise of the hatchback appear to be exaggerated. While small SUVs remain incredibly popular, Kia has demonstrated that the right small car (as the K4 is both a hatch and sedan now) still has plenty of appeal.The South Korean brand has sold 3850 examples of its Cerato-replacement so far in 2026, more than double what it managed this time last year, when the hatch was not available.BYD Seal - up 92%The Atto 3 and Sealion 7 EVs are also enjoying good years, and the new Sealion 5 and 8 plug-in hybrids are both off to a good start, but for this list we’re highlighting the under-rated Seal EV. Under-rated because, like the hatchback, sedans are supposed to be in terminal decline.And yet, BYD has managed to almost double the sales of its mid-size sedan in 2026, with 1885 sold year-to-date. This actually makes it one of the brand’s worst-performing models, only further highlighting just what a successful year BYD is having.For the record, sales of the Sealion 7 are up 297%, the Dolphin is up 115% and the Atto 3 is up 85% (despite being the brand’s longest tenured model). Everything is looking rosy for BYD so far in 2026.Toyota Camry - up 48.3%It’s not exactly the glory days for the Camry, 5221 sales in five months is small fry compared to its past, but it remains an under-rated sales performer for not just the brand. Combined with the Seal, these two very different sedans have almost single-handedly kept the family car segment afloat in recent years.Every other existing model in the mid-size sedan segment is down in 2026, but the Camry remains the automotive equivalent of a cockroach - impossible to ever count out.Hyundai Palisade - up 37.1%This was a borderline inclusion on the list, as Hyundai introduced a new generation Palisade in late 2025 so the comparison to last year’s sales is against the out-going model. But given the huge price jump from the old model, plus a small range, it suggests Hyundai’s biggest SUV is finding an audience.Aside from the Chery Tiggo 8 Pro and GWM Tank 300 (see below) the Palisade is the only other large SUV to meet our criteria, further underlining its strong sales performance so far this year.The addition of a more-affordable Elite trim grade, to go along with the initial flagship Calligraphy, plus the introduction of the more-rugged XRT Pro variant later this year may help the Palisade to continue its momentum.GWM Tank 300 - up 26.9%As mentioned above, the Tank 300 is another standout performer in the large SUV segment. The Chinese brand’s off-road capable offering has grown in recent times to include a diesel and plug-in hybrid (PHEV) alternative for buyers, which has clearly helped to expand its appeal.The relative struggles of the bigger Tank 500, which has only sold 529 units this year compared to 2228 Tank 300, is a clear demonstration that not all Chinese models sell in big numbers simply because they are cheaper than their rivals.The Tank 300 has therefore done enough to convince buyers to give it a chance and if this growth continues in the second half of the year it could become a key model for GWM.

Europe’s latest luxury EV comes with a seriously huge driving range.The new BMW 7 Series will start from $277,900 (before on-road costs) for the six-cylinder petrol variant, while the EV starts from $306,900. This means the petrol variant is now $5000 more than its previous model, with the i7 price remaining the same, despite the range-topping version of the car being discontinued.The 7 Series will continue to rival the petrol-powered Mercedes-Benz S-Class and the fully-electric EQS.The S-Class starts from a cheaper price point than the 7 Series starting at $244,700, with EQS EV starting at $219,900.BMW's twin-turbo six-cylinder engine produces 294kW and 580Nm, and also features a mild-hybrid system. Acceleration from 0-100km/h takes 5.4 seconds, with a top speed of 250km. There are dual electric motors in the electric variant, boosting power to 400kW and 745Nm and improving the 0-100km/h time to under five seconds, despite a marginally lower top speed.Its whopping 113kWh battery offers a driving range of up to 727km, according to WLTP standards.DC charging from 10 to 80 per cent takes under half-an-hour, with 235km of range able to be added in just 10 minutes. The 7 Series gets plenty of high-end luxury features as standard, including a panoramic glass roof and a heated steering wheel. There is also a BMW’s 3D head-up display, spanning the length of the dashboard and automatic air conditioning.Seats come with massage function in both the front and rear seats, along with heating functionality for front and rear outer seats. The i7 adds larger wheels and automatic doors. The new 7 Series will launch in Australia in the fourth quarter of this year. 2026 BMW 7-Series pricing Australia  

Chinese cars have entered “uncharted territory”, according to Vice President of Geely Group Li Chuanhai.Chuanhai explained that as Chinese automakers became global entities, they could no longer rely on challenging the status quo of so-called legacy brands, but would have to innovate on their own if they want to move the industry forward.“Franky, the Chinese automotive industry has reached its current position by standing on the shoulders of giants in the century-old automotive industry,” he said.“But now that we’re taking the lead, we have entered uncharted territory. How do we innovate in uncharted territory? I think our logic for innovation needs to change."He said Geely was well positioned to provide multiple power options, such as as petrol, hybrid and EV, across many markets, but there would still be the need to innovate further in the future.“Geely adheres to its energy diversification strategy. Our Thor hybrid, SEA EV, i-HEV, and green methanol developed over 20 years have created a complete ecosystem covering pure electric, hybrid, range extender, methanol, and charging/battery swapping. We’ve successfully explored every path to provide global users with more choices,” he said.Chuanhai outlined some investments Geely was making including collaborations with “more than 50 universities on basic research”. He said this “may not yield immediate returns” for the group, but that innovation required “adequate resource investment, effective ecosystem collaboration, and sufficient talent density”.Chuanhai earmarked the success of its premium Zeekr arm as evidence Geely had moved beyond its challenger status.“We don't have the time to build the brand story that century-old established brands have accumulated over time,” he said.“New energy and intelligent technologies have brought us opportunities for brand advancement. However, we also believe that the foundation for brand advancement lies in safety, chassis and powertrain—areas that best reflect our core professional capabilities."He said the brand is aiming for Volvo’s ultimate safety, Lotus’ ultimate handling and Horse Powertrain’s ultimate performance.He said the 750,000 units Zeekr has delivered in its short existence have an average selling price of more than the equivalent of $62,000, comparatively very high for a Chinese brand, with the national average being a little over half that ($35,000).“The essence of Chinese automotive globalisation is not about low prices and high volume, but about being rooted in technology and driven by brands, ultimately moving from simply selling cars to defining the future of automobiles,” he said.“We hope that Geely's experience can serve as a model for Chinese automakers going global, and we believe that China's automotive industry is fully capable of winning respect and establishing a firm foothold in the world.”Next for Geely in Australia will be its EX2 fully electric hatchback, which will be followed by the Emgrand EM-i plug-in hybrid sedan. Zeekr will launch its flagship 9X plug-in hybrid large SUV before the end of the year, alongside the 7GT fully-electric performance wagon.In 2027, the much-hyped 8X large five-seat hybrid SUV will arrive, with Geely also plotting a yet-to-be confirmed three-row hybrid SUV offering.

Toyota cancelled another of its upcoming electric vehicles last week -in this case it was its luxury arm Lexus and the LF-ZC sedan leaving it even more exposed to the premium Chinese EV assault.So, are we seeing the fall of an empire here with Toyota or does the Japanese giant have a secret plan?Toyota's axing of the Lexus LF-ZC sedan isn’t surprising, it’s very much in keeping with the company’s change of plan to pursue hybrids rather than EVs in the short term.In 2021 Toyota held a global address announcing that it would launch 30 new EVs by 2030. Well, we are now only about three and a half years away from the end of the decade and Toyota has only launched about three and a half  EVs - the bZ4x, Toyota HiLux, C-HR, and the longer version of the bZ4x - the Touring. The reason is a change of direction. Two years ago Toyota revised its plans and decided that the uptake of EVs wasn’t as strong as many had expected and decided to double down on hybrids instead.The decision made sense - the world was experiencing a slow down in the adoption of EVs and Toyota delayed pouring A$100 billion into the development of 30 new models.Toyota Australia's Vice President Sales at the time Sean Hanley told CarsGuide in January 2025 that the company had read the market accurately after all.“The plain truth is that demand for battery electric vehicles (BEVs) in markets around the world is not living up to the hype,” he said.Hybrid sales were booming and Toyota changed plans and went back to doing what it had pioneered - hybrid powertrains. But March 2026 saw the world change again with the war in Iran and the Strait of Hormuz being blocked and preventing oil from being shipped through the channel. About 20 percent of the world’s oil and natural gas is transported through the channel and by the second month of the blockade the world’s petrol and diesel prices skyrocketed, particularly in Australia which sources its refined fuel from countries such as Malaysia which are supplied with oil from the Middle East.With this turn of events consumer interest in electric vehicles picked up again.Sales of EVs had gone from being down year-on-year by 61.9 per cent for cars (sedans and hatches) and down 12 per cent for SUVs in January 2025 to up by 77.4 per cent for cars and up by 150 per cent for SUVs.So why is Toyota still axing EVs? Well, never underestimate Toyota. The brand may look like it’s suddenly behind the eight-ball after a huge geopolitical change and it may also look like the victim of a surprise attack from a multitude of appealing Chinese electric offerings from brands such BYD and Zeekr, but Toyota is the world’s biggest car manufacturer and you can bet it either has a plan… or it can buy one.There are several possible plays going on here in my opinion.First, Toyota is probably banking on the spike in EV interest to fall once the conflict is over and believes consumers will return to hybrids. This is probably the most likely scenario, although I doubt people will return to buying petrol and diesel cars now without thinking about it as they did in the past. The fuel crisis has been a major catalyst in the switch to EVs.A second scenario is that Toyota is close to a solid state battery breakthrough and is holding off EV development until an affordable and practical example can be made, but this seems less likely.Toyota finding the solid state holy grail of batteries seemed like a possibility five years ago but Chinese carmakers such as Chery, BYD and battery maker CATL are reportedly already testing the tech in prototype form before an expected market launch between 2027 and 2030. When the solid state battery breakthrough comes it will be thanks to a Chinese carmaker - with recent commentary from Toyota itself placing doubt on the idea of the technology ever being ready for mass production.And third, which is probably going to happen, Toyota may decide to take the vehicles it produces in joint-ventures in China  and launch them globally.Toyota already has two major joint ventures in China - one with Guangzhou Automobile Group (GAC) and the other with First Automotive Works (FAW).Toyota-GAC models include the bZ7 fastback along with Chinese versions of the bZ3X and bZ4X.And before you scoff at Chinese Toyotas, just look at the bZ7. To my eyes this is one of the most beautiful Toyotas from the past decade which isn't hard considering the brand is famous for making what some people consider whitegoods on wheels.And with the changing of the guard in Australia, Toyota locally now appears to have decided which plan to go they'll pursue.Toyota Australia's new Vice President of Sales, John Pappas has a slightly different take on the situation than his predecessor and appears to be embracing the possibility of the company using its global manufacturing reach to sell cars into the future. “So the beautiful thing, the benefit of being such a global company like Toyota, and being in around 180 markets all around the world, and having so many manufacturing plants, that enables us to assess - whether it's sourcing of the vehicle, spec, powertrain.”  The future may prove to be a bit of scenario one to start and then into scenario three with Chinese made Toyotas. Either way the world’s biggest car brand has plenty of options to survive and thrive.  

The first arrival of a BYD-owned shipping vessel to Australia has caused a stir as the brand’s top brass is confident troubles with supply in its home nation won’t affect Australian demand.The BYD Zhengzhou docked at the Port of Melbourne carrying 4809 BYD vehicles destined for Australian customers, part of a promise to deliver 30,000 new cars in the second quarter of 2026.BYD has already more than doubled its sales in the first quarter of 2026 compared to Q1, 2025, and if 30,000 vehicles are added to the existing count before halfway through the year, BYD will finish the first half with a remarkable 55,000 new cars sold in Australia.But on the morning media were given a tour of the BYD Zhengzhou in what could arguably be called a fanfare event, Toyota Australia announced it “has secured an additional 10,000 vehicles for local customers in 2026”.Toyota sold 59,675 cars in Q1 to BYD’s 25,243. BYD also remains behind Mazda, Kia, and Ford.The timing suggests Toyota wanted to remind Australian buyers who is number one in the sales race, but BYD’s commitment to meeting demand for electric vehicles (EVs) and plug-in hybrids (PHEVs) is clear, and the brand’s top brass didn’t hesitate to say as such.Liu Xueliang, Group Vice President of BYD and General Manager of BYD Asia-Pacific Auto Sales Division, told Australian media during a conference in Port Melbourne that despite battery supply challenges in the brand’s home market, BYD would meet demand in Australia.Via interpreter, Mr Liu told CarsGuide that even at home in an EV-saturated market, BYD’s outlook is optimistic.“Sales in China have begun to recover in Q2, we achieved 380,000 units sold in May just past. “Growth has tightened a bit, but that does not affect supply to markets including Australia.“This is just one of our ships, but we’ve got many other ships that are arriving in Australia.”While Mr Liu wouldn’t be drawn on Toyota’s announcement, the theme that returned many times during the conference was BYD’s ownership of its own supply chain, and the control that grants.Given Australia’s demand for plug-in hybrids and EVs in 2026 is higher than it has been by huge margins, Liu Xueliang said this wouldn’t be the first time a BYD-owned ship would be seen in an Australian port.

The internet can be a horrible swamp, and the comments surrounding Ferrari’s unveiling were particularly, though predictably, brutal.“Great thing Enzo can’t see this garbage,” read one. “He’ll be rolling in his tomb,” said another. “This is such a cynical marketing product purely conceived to make money for the company. It hurts me on a cellular level to see Ferrari stoop so low,” wrote another user who clearly needs to get outside more. Fun fact, though. Those comments had nothing to do with the Luce, Ferrari’s first EV that was revealed to much fanfare and even more furore this week. That was actually the reaction to the Purosangue, the brand’s first SUV, and the model that would – according to the internet at least – definitely, absolutely and entirely destroy the fabled Italian marque.That didn’t happen, though, did it? I recently met an Australian buyer who’d dropped $1.1m on his Purosangue, and he had to wait almost two years for his production slot to open up, such was the demand. It is a massive driver of Ferrari profit, too, and is consistently among the brand's best-selling models, despite a production cap.The point is, the internet was wrong. And I suspect this same Luce storm will die in the teacup in much the same way.Now, I’d be lying if I said my eyebrows didn’t shoot skywards when I first clapped eyes on the Ferrari Luce at its unveiling event in Italy. I can’t say for sure what I expected, but I can say for sure that it wasn’t this. But having now spent some time with it, and even more time digesting it, I can tell you that the internet is wrong once again.The point has been so painfully missed by the Ferrari Facebook army, who seem to have been expecting an 849 Testarossa with a battery. Ferrari has made it clear this isn’t a vehicle designed to appeal to Ferraristi faithful. It’s designed to appeal to an entirely new audience, and that is not an audience with a poster of a petrol-powered Prancing Horse on their wall.The Luce had to look different to everything else in the Ferrari range, both to appeal to a new buyer, but also (and I suspect more importantly) to ring-fence the rest of the Ferrari range and preserve their fuel-exploding mystique. I think that's also why the Luce is slower than the fastest Tesla and lacks the brand's angriest driving modes – it can't have its EV outshine the lustier, brand-defining models."This is a different kind of Ferrari. And that was the point. That was the entire purpose of the exercise," LoveFrom (the firm who penned the Luce) co-founder Mark Newson told me.This wasn't supposed to be in the mould of other Ferraris.But I actually think the more pressing question is, if not this design, then what? Is the issue with the Luce, or is merely the fact that it’s electric?If it’s the former, then tell me what design could have possibly pleased the traditionalists? Something more like a Rimac Nevera? Perhaps, but I would argue Ferrari already has cars like that, and that plonking a couple of electric motors on a 12Cilindri would have only riled the web up worse.If it’s the latter – and I think it definitely is – then what the hell is everyone so upset about? There is one electric Ferrari, and nine petrol-powered options in the brand’s regular range in Australia. If you don’t like it, don’t buy it – the fleet is still 90 per cent in your favour. Beauty is always in the eye of the beholder – or whoever is behind the keyboard – but I can tell you this; the exterior design has continued to grow on me. It is undeniably forward-looking, and I think a pretty bold vision of what a family friendly Ferrari EV can be. Is it my favourite-looking Prancing Horse? No, but it doesn't have to be. And if the exterior of the Luce is controversial, the cabin isn't. The interior is spectacular, blending elegance and tech in a way that feels really, really special.Will I buy one? Irrelevant, I'm afraid. I can't afford it. And that's one thing the internet masses and I have very much in common.

The pile-on continues days after Maranello revealed its first electric car, with Lamborghini's CEO implying Ferrari has made a misstep with the new model.The 2026 Ferrari Luce debuted this week, designed by Jony Ive (of original iPhone fame) alongside Australian design veteran Marc Newson, and the internet has not reacted well.Nor has Ferrari’s customer base and investors - a drop in stock price of more than 6 per cent punctuated markets opening the day after the reveal.After that, external criticism from notable figures in the media and wider industry now includes Lamborghini CEO Stephan Winkelmann.While not the same direct admonishment as was handed down by former Ferrari boss Luca di Montezemolo who said he hopes “they at least remove the prancing horse from that car”, Winkelmann told CNBC plug-in hybrids are “the right way to go”.While he wouldn’t be drawn on directly commenting on the Luce as “ speak about its competitors”, he said “by observing the market ... we saw that the acceptance curve for our type of customers is not increasing, and that therefore we decided to move away from a full-electric car into a plug-in hybrid”.“Every brand, every company has to decide for themselves.”Lamborghini recently reversed plans to build a new model EV, the Lanzador, as well as an electric Urus, in favour of PHEV technology.Ferrari, on the other hand, went ahead with the move.Winkelmann’s comments and the more direct criticism from di Montezemolo aren’t the only high-profile snippets of ‘feedback’ aimed at Maranello, with Italy’s Deputy Prime Minister (and Transport Minister) Matteo Salvini having taken to X (formerly Twitter) to say “electric, incredibly expensive (€550,000!), and aesthetically speaking, it speaks for itself... It looks anything but a Prancing Horse car”.“And this is supposed to be ‘innovation’? I wonder what Enzo Ferrari would say…," he said.The technology under the Luce hasn’t been as widely criticised as its design departure from Ferrari’s tradition - 772kW and 990Nm from four electric motors and a 0-100km/h sprint in 2.5 seconds would be welcome in most other stables.

Yet another about face on a new electric vehicle program has come courtesy of Toyota’s decision to discontinue development of the Lexus LF-ZC sedan.Unveiling the LF-ZC Concept in 2023 Lexus positioned it as “a symbol of Lexus' electrification journey, characterized by its sleek proportions, low center of gravity, spacious cabin, and an emotionally charged design that seamlessly blends functionality and aesthetics.”But three years later the automotive world has changed thanks to a slower than expected market uptake of battery electric vehicles (BEVs) globally and ongoing consumer preference for hybrid and pure-combustion models.At the same time, a combination of political factors including high US import tariffs and President Donald Trump's elimination of tax incentives for EV purchases, as well as the European Union’s revision of its ban on the sale of new internal combustion engine vehicles by 2035 have also thrown a big spanner in the EV development works.Global players including Ford, General Motors, Honda, Mercedes-Benz, Stellantis, Volvo, VW, and most recently Subaru, have also shelved multiple EV model programs. Volume Lexus LF-ZC production was scheduled to begin late this year at Toyota’s Tahara plant south-east of Nagoya, using large section ‘gigacasting’ techniques to split the vehicle’s alloy body into front, centre and rear sections for reduced complexity and cost as well as lighter weight and increased rigidity.Recently postponed to mid-2027, Nikkei Asia has reported Lexus will now discontinue development, to “instead focus on developing SUVs and other vehicles amid a global slump in EV sales.” Despite the cancellation Toyota and Lexus will continue research and development into gigacasting and battery technology as the LF-ZC was set to feature “advanced high-performance batteries made with a prismatic structure engineered to achieve approximately twice the range of conventional BEVs through improved aerodynamic integration and weight reduction.” A “compact powertrain” also helped deliver an ultra-low Cd (Coefficient of drag) value of approximately 0.20 for the car.

It’s hard to think of a person more connected and invested in the Ferrari brand than Luca di Montezemolo, but even the man who led the company from 1991 to 2014 and was Enzo Ferrari’s personal assistant in the early 1970s can’t abide the Prancing Horse’s new all-electric model.Having viewed the Ferrari Luce’s unveiling at this week’s Confindustria public assembly in Rome, Montezemolo told Italian outlet askanews, “If I were to say what I think, I would be hurting Ferrari. “It risks destroying a legend, and I'm deeply sorry. “I hope they at least remove the prancing horse from that car."It is definitely a car that at least the Chinese won't copy," he said.One of Italy’s most high-profile business and sporting personalities, Montezemolo went from the world of Ferrari, including close management of its Formula 1 efforts, to become Chairman of Alitalia and now sits on the board of McLaren Group.And Montezemolo is not alone in fearing Ferrari’s iconic status may be eroded thanks to the Luce.Speaking on X, Italy’s Deputy Prime Minister (and Transport Minister) Matteo Salvini commented on Montezemolo’s views.“Electric, incredibly expensive (€550,000!), and aesthetically speaking, it speaks for itself... “It looks anything but a Prancing Horse car. “And this is supposed to be "innovation"? “I wonder what Enzo Ferrari would say…," he said.Former iPhone designer Jony Ive, who was commissioned by Ferrari to develop the Luce through his LoveFrom consultancy, has seemingly raised the hackles of Ferrari Tifosi around the globe.CarsGuide’s own coverage of the newcomer’s arrival has drawn fierce commentary on social media with feedback like, “Obviously, the designers are not car enthusiasts. Fire the CEO! Better yet, fire them all.  As well as, “One million??? For that Roomba???? Enzo is spinning in his grave!”  And perhaps most cuttingly, “The Ferrari design that became a global laughingstock.” It’s also worth noting Ferrari’s share price plummeted more than six per cent from €309.20 on the morning of the Luce’s launch to €290.00 by the evening’s close and currently sits at €283.75.