GUANGZHOU — Nissan Motor is shutting down its car plant in the eastern city of Changzhou, Jiangsu province in China, Nikkei has learned, as the Japanese automaker is trying to trim overcapacity amid a sales slump in the increasingly price-competitive market. Nissan has been making its Qashqai compact sports utility vehicle model at the Changzhou… Continue reading Nissan shuts down China auto plant in eastern city of Changzhou
Author: Nikki News Feed
Africa’s Copperbelt sets off investment race for EV metals
TOKYO — Businesses from the U.S., Japan and Europe are moving to tap mineral reserves in Central Africa, using the latest technologies to locate critical electric vehicle materials, as China currently dominates development on the continent. The so-called Copperbelt spans across the border of Zambia and the Democratic Republic of the Congo, and is one… Continue reading Africa’s Copperbelt sets off investment race for EV metals
China says EV firms subjected to ‘unprecedented’ data requests from EU
BEIJING (Reuters) — The European Commission sought an unprecedented amount of detailed information on Chinese automakers’ supply chains during its investigation into the country’s subsidized electric vehicle imports, China’s Commerce Ministry said on Thursday. The commission, which oversees trade policy for the 27-nation European Union, last week slapped extra duties on imported Chinese EVs following… Continue reading China says EV firms subjected to ‘unprecedented’ data requests from EU
Komatsu opens Central Asia hub to tap mining rush for EV metals
TOKYO — Komatsu will facilitate deliveries of mining equipment across Central Asia through a new logistics hub in Kazakhstan, with an eye on the region’s reserves of key electric vehicle materials like nickel and lithium. The Japanese heavy machinery maker recently opened a parts distribution center in Almaty, Kazakhstan’s largest city. This is the company’s… Continue reading Komatsu opens Central Asia hub to tap mining rush for EV metals
Toyota chairman’s shareholder support slides amid governance issues
TOKYO (Reuters) — Toyota Chairman Akio Toyoda’s level of shareholder support dropped markedly at the automaker’s annual general meeting this week, hurt by certification test scandals and other governance concerns. Toyoda, the grandson of the company’s founder, was re-appointed despite two leading proxy advisers having recommended against his reelection, but support for him fell to… Continue reading Toyota chairman’s shareholder support slides amid governance issues
HondaJet launches service to fly tourists to regional Japan
TOKYO — Honda Motor is kicking off a transportation service using its HondaJet business aircraft, the Japanese automaker said Tuesday, helping travel agencies plan tours off the beaten path for foreign visitors and other customers. The HondaJet Sharing Service will ferry travelers between selected airports. Honda will handle all of the transportation, including land travel to the… Continue reading HondaJet launches service to fly tourists to regional Japan
Managed trade isn’t good but is best way forward for China and EU
Stephen Olson is senior adjunct fellow with the Pacific Forum, a foreign policy research institute based in Honolulu, Hawaii, and a visiting lecturer and nonresident fellow with the Clayton Yeutter Institute of International Trade and Finance in Lincoln, Nebraska. In the wake of the European Union’s provisional decision last week to impose punitive tariffs on… Continue reading Managed trade isn’t good but is best way forward for China and EU
Toyota Chairman Akio Toyoda reelected despite calls for accountability
TOKYO — Toyota Motor’s shareholders reelected all 10 board members, including Chairman Akio Toyoda, on Tuesday at their annual meeting, as the company proposed. Some advisory firms had expressed opposition to Toyoda’s reelection, claiming he was responsible for irregularities in the company’s auto safety and performance tests. Go to Source
Japan’s green tech suppliers seek more credit for carbon reduction
TOKYO — Japan’s green tech suppliers are optimistic that international standards for calculating “avoided emissions” are on the horizon, a move the country’s government has been pushing hard for. Avoided emissions refers to the amount of greenhouse gas emissions that the use of a product or service helped to avoid compared to a baseline scenario.… Continue reading Japan’s green tech suppliers seek more credit for carbon reduction
Suzuki to develop self-driving minicars by teaming with startup
TOKYO — Suzuki Motor will work with a Nagoya-based startup to develop self-driving technology for minicars, aiming to meet demand from Japan’s less-populated regions in need of compact autonomous cars that can travel on narrow roads. The Japanese automaker has underwritten a portion of a roughly 8 billion yen ($50 million) capital increase by Tier… Continue reading Suzuki to develop self-driving minicars by teaming with startup