toshihiro mibe

China’s Electric Vehicles Surge: Global Competition, Market Dominance, and 40% Export Growth

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The global automotive landscape is currently undergoing a structural transformation as manufacturers worldwide scramble to address the rapid rise of Chinese electric vehicles (EVs). As the industry shifts away from traditional internal combustion engines, the competitive pressure from Chinese automakers—driven by technological advancements, supply chain integration, and aggressive export strategies—has forced established global players to … Read more

Honda Shifts Strategy to Hybrids After First Loss in 70 Years Amid EV Slump

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Honda Records First Annual Loss in Seven Decades as EV Ambitions Face Reality Check For the first time in 70 years, Honda is reporting an annual loss, marking a historic and sobering moment for one of the world’s most prominent automotive manufacturers. The company’s financial results reveal the heavy toll taken by a massive strategic … Read more