AGP Executive Report
Last update: 40 minutes agoEV Charging: Honda is developing wireless highway charging for electric vehicles, with public-road demonstrations planned in Japan in fiscal 2027. The system could help commercial fleets cut charging stops. Sales: Mercedes-Benz reported record EV sales, but quarterly deliveries fell 6% as weakness in China weighed on results. Europe’s Auto Industry: Volkswagen CEO Oliver Blume backed proposed “Made in Europe” rules, saying local production must be rewarded as the company restructures and faces pressure from Chinese rivals. Paris Concepts: Stellantis previewed six concepts from Alfa Romeo, Citroën, DS, Fiat, Opel and Peugeot ahead of the motor show, showcasing future designs and technologies. Hyundai Growth: Hyundai’s Georgia Metaplant has reached 4,420 jobs as hybrid production expands, while the automaker nears 10 million cumulative sales in India. Formula 1: Max Verstappen won the Singapore Grand Prix for Red Bull, and George Russell said the team is now the one to beat.
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