Mon, Oct 57 items
0 of 7 readHyundai's affordable IONIQ 3 hatch goes on sale in the UK at about $25,000 with up to 308 miles of range, while Toyota commits $1.3 billion to build a new EV in Argentina. Gasoline-only cars also fell below half of global new car sales for the first time.
Hyundai IONIQ 3 on sale in UK from about $25,000
Hyundai's electric hatch is now available to order in the UK, starting at roughly $25,000 with up to 308 miles of range. Hyundai says it has drawn more interest than any of its UK models.
Why it mattersA sub-$25,000 EV with long range pressures rivals in Europe's growing affordable-EV segment.
Toyota to invest $1.3B in Argentina EV production
Toyota will invest around $1.3 billion to build a new electric vehicle at its Buenos Aires site, the largest investment in Argentina's auto industry to date.
Why it mattersSignals Toyota expanding EV manufacturing in South America as it positions against Chinese rivals.
Gasoline-only cars fall below half of global sales
Gasoline-only vehicles were 49% of global new car sales in the first half of 2026, down from 73% in 2021, the first time below half. Most replacements still have a gas tank.
Why it mattersMarks a symbolic tipping point in the global powertrain shift, though hybrids drive much of the change.
BYD's Denza unveils Z9S electric sedan from about €34,000
Denza, BYD's premium brand, unveiled the fully electric Z9S mid- to full-size sedan, starting at around €34,000 in China with claimed range up to 1,100 km on the Chinese test cycle.
Why it mattersExtends BYD's premium push into larger EVs, adding pressure on established luxury sedans in China.
Renault plans over €10B French investment focused on EVs
Renault will invest more than €10 billion in France over five years, mainly in electric vehicles and more affordable models, but ties the plans to political and social conditions.
Why it mattersShows Renault's EV commitment in Europe, contingent on policy support it says is needed.
LG Energy Solution signs MoU on 46-series cells for vans
LG Energy Solution signed a non-binding MoU with US startup Indigotech to explore supplying 46-Series cylindrical batteries for commercial electric vans in the United States.
Why it mattersAdds a potential commercial-vehicle customer for LG's 46-series cells amid rising demand.
Cheaper EVs drive Europe's electric car sales surge
More affordable EVs are attracting buyers as electric car sales surge in the EU, though price is not the only factor behind the shift.
Why it mattersConfirms affordability as a key lever for European EV adoption, relevant to pricing strategies.