Domestic News - The Ministry of Housing and Urban-Rural Development emphasizes the importance of improving municipal facilities such as parking and charging stations in urban renewal actions [2] - The State Council and the Ministry of Public Security have expanded the "two-in-one" reform pilot for imported vehicles to Huangpu Customs to enhance customs efficiency [3] - Beijing is seeking public opinion on a new standard that mandates public parking lots to include at least 10% charging facilities for electric vehicles [4] - In Sichuan, the automotive manufacturing industry's added value increased by 22.3% year-on-year from January to April 2025, with a 35.6% growth in automobile production [5] International News - A South Korean government delegation will visit the U.S. for tariff negotiations on key categories including automobiles and semiconductors [6] Corporate News - Honda has reduced its electric vehicle investment and adjusted its sales targets, now expecting electric vehicle sales to be below the previously announced 30% by 2030 [7] - Nvidia's CEO expressed pain over the U.S. export ban on H20 chips to China, predicting a $15 billion reduction in sales [8] - Waymo has received approval to expand its autonomous taxi operations in the San Francisco Bay Area [10] - Hyundai will suspend electric vehicle production for the third time this year at its Ulsan plant [11] - BYD and Shenzhou Car Rental signed a strategic cooperation agreement to promote sustainable development in the car rental market [12] - FAW-Volkswagen is restructuring its sales organization to better support future electric vehicle initiatives [13] - Xiaomi announced the resolution of a network black public relations case that targeted the company [14] - Li Auto's MEGA Home model has officially rolled off the production line and will begin nationwide deliveries on May 23 [15] - The retail sales of the Bestune Pony have surpassed 100,000 units since its launch [16] - Xiaoma Zhixing reported a 200% year-on-year increase in Robotaxi revenue for Q1 2025, with plans to expand its fleet to 1,000 vehicles by the end of the year [17]

"我们认为电动汽车是实现碳中和的最佳解决方案。基于这一信念，本田汽车做出了向电动汽车普及迈 进的战略决策，并正在通过各种举措不断推进。然而，汽车行业的环境瞬息万变，商业环境的不确定性 日益加剧，电动汽车市场扩张放缓。为了在这样的商业环境中保持竞争力，本田汽车将重新调整汽车电 动化战略，以智能技术应用为核心，进一步提升纯电动及混动车型竞争力，并且通过重新评估动力总成 产品组合来加强业务基础。"三部敏宏在会上表示。 本田汽车宣布调整其电动化战略投资规划，将去年制定的2030年前在电气化和软件技术领域的投资总额 从原计划的10万亿日元（约合人民币4996.7亿元）缩减至7万亿日元（约合人民币3497.83亿元）。5月20 日，本田汽车董事、总裁兼首席执行官三部敏宏（Toshihiro Mibe）在日本东京召开的新闻发布会上透 露了这则消息。 "由于电动汽车市场扩张放缓，我们预计2030年本田汽车全球电动汽车的销量占比将低于我们此前设定 的30%目标，可能会下降到20%左右的比例。"三部敏宏表示，"目前市场对混合动力汽车的需求比较旺 盛。本田汽车将把混合动力汽车定位为在电动汽车普及过渡期发挥关键作用的动力系统，并进一 ...

Core Insights - Honda is reducing its EV investment by 30% from $69 billion to $48.4 billion through the 2031 fiscal year to stabilize its future in a slowing EV market [1][2] - The company will focus on increasing its hybrid lineup due to changes in environmental regulations and a slowdown in EV market expansion [2] - Honda's expected EV sales ratio for 2030 is now projected to fall below the previously announced target of 30% [2] Investment Strategy - Honda plans to launch 13 new hybrid models globally starting in 2027, aiming to sell 2.2 million hybrids annually by 2030 [4] - Despite the shift towards hybrids, Honda remains committed to achieving 100% zero-emission vehicle sales by 2040 [4] Market Context - In the first four months of 2025, EV sales in North America increased by only 5%, compared to 25% in Europe and 35% in China [3] - The International Energy Agency indicated that higher tariffs could further increase EV prices and slow down sales growth [3] Organizational Changes - Honda is mandating US employees to return to the office at least 80% of the time by October, emphasizing the importance of in-person work in a rapidly changing business environment [5]

Core Insights - Toyota is seeking deeper collaboration with Nissan following the breakdown of merger talks between Nissan and Honda, proposing a support plan [1] - The financial results for the fiscal year 2024 show Toyota's stability, while Honda and Nissan are in urgent need of transformation [1][2] Group 1: Financial Performance - Toyota and Lexus combined global production for fiscal year 2024 was 9.67 million units, a decrease of 2.9%, with global sales at 10.27 million units, a slight decline of 0.3% [1] - Toyota's revenue for fiscal year 2024 reached 4.804 trillion yen, a year-on-year increase of 6.5%, while net profit was 477 billion yen, down 3.6% [1] - Honda's revenue for fiscal year 2024 was 2.169 trillion yen, up 6.2%, but net profit fell by 24.5% to 835.84 billion yen [1][2] - Nissan reported an operating profit of 69.8 billion yen, down 87.6%, and a net loss of 671 billion yen, a decline of 257.3% [2] Group 2: Strategic Initiatives - Toyota is heavily investing in the Chinese market, showcasing multiple electric vehicle models at the 2025 Shanghai Auto Show and establishing a wholly-owned Lexus entity in Shanghai for integrated electric vehicle operations [2] - Honda is accelerating partnerships with local Chinese companies to enhance its electric and intelligent vehicle development, announcing collaborations with Momenta, DeepSeek, and CATL [3] - Nissan views China as crucial for reversing its global downturn, planning to launch 10 new electric vehicle models by summer 2027 as part of its strategy to strengthen R&D and product offerings [3]

Group 1 - Honda plans to reduce its investment in electric vehicles (EV) and software development from 10 trillion yen to 7 trillion yen by 2030, a decrease of 30% [2] - The company has adjusted its target for EV sales from over 2 million units to a range of 700,000 to 750,000 units, lowering the expected share of EVs in total vehicle sales from 40% to below 30% [2] - The construction of an EV and battery factory in Canada has been postponed by two years, with the investment of 150 billion Canadian dollars now expected to begin operations after 2030 [2] Group 2 - Global sales of hybrid vehicles (HV) are projected to more than double to 2.2 million units by 2030, with 13 new HV models set to launch globally over the next four years starting in 2027 [3] - The motorcycle business aims to increase its global market share from 40% to over 50% in the medium to long term, leveraging strong profitability from this segment to enhance overall profitability before the widespread adoption of EVs [3] - Honda's president stated that the transition to EVs has been slowed down, emphasizing the need to balance future readiness with current profitability in the automotive business [3]

本田社长三部敏宏表示，本田还将修正截至2030年的纯电动汽车在汽车销量中所占的比例，预计从 此前的40%调整到30%以下。 5月20日，本田宣布，将调整纯电动汽车（EV）战略，原计划到2030年度投资10万亿日元用于纯电 动汽车和软件开发，将减少3成至7万亿日元。 ...

Core Viewpoint - Honda is adjusting its global electrification strategy by reducing investment in pure electric vehicles and focusing more on hybrid vehicle production due to a slowdown in the U.S. electric vehicle market and changing consumer demand [1][3]. Investment Strategy - Honda announced a reduction in its planned electrification investment from 10 trillion yen to 7 trillion yen, a decrease of 30%, due to slowing global demand for electric vehicles [1]. - The revised strategy will emphasize research and production of hybrid models, aiming for more efficient energy use through technology upgrades of existing fuel vehicle platforms [1]. Production Facilities - Honda plans to transform its manufacturing facilities in Ohio, USA, to create a comprehensive base for both electric and hybrid vehicle production, with production expected to start in 2026 based on the "e:Architecture" platform [3]. - The initiative aims to balance market demand with supply chain flexibility, ensuring the synergy between traditional business and electrification transition [3]. Strategic Partnerships - Despite the termination of merger talks with Nissan and Mitsubishi, a strategic cooperation agreement signed in August 2024 remains effective, allowing Honda to collaborate with these companies on battery technology, autonomous driving, and software development [3]. - Honda intends to integrate Huawei's smart driving solutions in some models and collaborate with Renesas Electronics to develop high-performance chips to enhance product competitiveness [3]. Market Context - In Q1 2025, U.S. electric vehicle sales grew only 2.7%, significantly lower than the 47% growth in the same period last year, with electric vehicles accounting for 7.1% of total sales [3]. - Consumer concerns regarding range, charging infrastructure, and high insurance costs are key factors limiting the adoption of electric vehicles, prompting several automakers, including Volvo and Toyota, to delay their electrification goals [3]. Long-term Vision - Despite the short-term strategic adjustments, Honda remains committed to its long-term vision of achieving 100% global sales of pure electric or fuel cell vehicles by 2040 [4]. - The CEO emphasized that the current stagnation in electric vehicle sales is viewed as a "short-term headwind" [4].

计划在加拿大建设的纯电动汽车和电池工厂将推迟2年。原计划投资150亿加元，于2028年投 入运营，此次表示推迟到2030年以后。是否重启投资，将根据两年后的情况做出决定。 本田社长三部敏宏（20日、东京都港区） 原计划到2030年度投资10万亿日元用于EV和软件开发，此次表示大幅减少3成，降至7万亿 日元…… 本田于5月20日宣布，将调整纯电动汽车（EV）战略。原计划到2030年度投资10万亿日元用 于纯电动汽车和软件开发，此次表示要大幅减少3成，降至7万亿日元。美国特朗普政府正在 推出重估纯电动汽车支持方案的方针。本田认为，纯电动汽车的普及比预期要慢，巨额投资 存在风险。 本田的社长三部敏宏表示，将修正截至2030年的纯电动汽车在汽车销量中所占的比例，预计 从此前的40%调整到30%以下。本田原本提出了2030年销量超过200万辆的目标，此次大幅 缩减至70~75万辆规模（以销量为准）。 三部社长表示"向纯电动汽车转型的刹车已经踩下"。还强调称"将打造兼顾面向未来的准备和 提高盈利能力的汽车业务，同时结合摩托车业务的强大盈利能力，在不透明的情况下继续追 求增长"。 版权声明：日本经济新闻社版权所有，未经授权 ...

本田5月20日发布声明称，考虑到近期电动 汽车市场放缓，本田调整产品投放计划，预计到2030年电动 汽车销量占比将低于此前宣布的30%目标。另一方面，目前市场对混合动力汽车的需求很高。因此，本 田将进一步增强混动车产品线。本田去年宣布将投资10万亿日元推进电动化战略，但因推迟在加拿大建 立 综合电动汽车价值链项目，并调整专用电动汽车工厂建设时间，本田决定将到2031财年的计划投资 额减少3万亿日元至7万亿日元。 ...

Core Viewpoint - The CEO of Honda anticipates a slight increase in investment in hybrid vehicles, while expecting a slight decrease in investment in electric vehicles [1] Investment Strategy - Honda plans to allocate more resources towards hybrid vehicle technology, indicating a strategic shift in focus within its investment portfolio [1] - The company is adjusting its investment strategy in response to market trends and consumer preferences [1] Market Implications - The shift in investment priorities may reflect broader industry trends regarding the balance between hybrid and electric vehicle development [1] - This decision could impact Honda's competitive positioning in the automotive market, particularly in the context of evolving regulatory environments and consumer demand for sustainable transportation options [1]