TOKYO — Mazda is considering ending production in Russia as supply chain disruptions caused by the war in Ukraine make resuming operations increasingly difficult. Mazda produces vehicles at a joint venture with local carmaker Sollers in eastern Vladivostok under the so-called knockdown method, in which parts are sent for local assembly. Go to Source
Author: Nikki News Feed
Suzuki to double cars transported by rail in India, cutting emissions
HAMAMATSU, Japan/MUMBAI — Suzuki Motor is building rail terminals inside two Indian assembly plants, looking to ship out more of its automobiles by train to reduce transport costs and greenhouse gas emissions. “Increasing rail transport is an effective approach,” Toshihiro Suzuki, president and chairman of the Japanese automaker, told Nikkei in an interview. Deliveries by train from Suzuki’s Gujarat… Continue reading Suzuki to double cars transported by rail in India, cutting emissions
Toyota to exit Russia, terminating auto production and sales
NAGOYA, Japan — Toyota Motor on Friday announced an exit from automobile production and sales in Russia, citing difficulties supplying key materials and parts in the country amid the war in Ukraine. “It was a difficult decision,” Toyota Chief Communications Officer Jun Nagata told reporters online Friday. “We will liquidate our local unit in Russia instead of selling it.” Go… Continue reading Toyota to exit Russia, terminating auto production and sales
Foxconn forms Indonesian JV for EV and battery manufacturing
JAKARTA/TAIPEI – Taiwanese tech group Hon Hai Precision Industry, better known as Foxconn, and Indonesian coal miner Indika Energy on Friday announced the establishment of a joint venture with plans to manufacture batteries and electric vehicles in Indonesia. The two companies said in a joint press statement that Foxconn Indika Motor, the new joint venture,… Continue reading Foxconn forms Indonesian JV for EV and battery manufacturing
Honda to bring private jets closer to public with rural Japan service
TOKYO — Honda Motor will launch a transportation service that combines its business jets and cars next year in Japan, catering to people traveling to or from rural areas with few options. The new service using the HondaJet will be bundled with car or motorcycle rentals, creating Japan’s first end-to-end integration of modes of transport… Continue reading Honda to bring private jets closer to public with rural Japan service
Toyota, Honda to pay connected-car patent fees to telecoms
TOKYO — Toyota Motor, Honda Motor and Nissan Motor will pay patent fees to Finland’s Nokia and other top telecom companies for wireless technology used to connect cars to the internet, Nikkei has learned. Nokia and dozens of other telecom companies have demanded patent payments from Japanese carmakers for connected-car technology. This marks the first time that any Japanese… Continue reading Toyota, Honda to pay connected-car patent fees to telecoms
Honda eyes reviving iconic NSX sports car as EV
DETROIT — With only a handful of special editions left in dealer showrooms, the Acura NSX from Honda Motor seems ready to drive off into the sunset. But we might not have seen the last of the iconic sports car. When it was first introduced back in 1990, the Acura NSX served to demonstrate the… Continue reading Honda eyes reviving iconic NSX sports car as EV
Thailand banks on new visa to lure foreign talent, more investment
BANGKOK — Thailand is trying to fight through hesitancies created by China’s zero-COVID policy and Russia’s war in Ukraine as it pursues more foreign investment in electric vehicles, biotechnology and other cutting-edge industries, its next investment board chief said. “What we should focus on is technology- and knowledge-based industries such as digital, biotechnology, bio-based materials,… Continue reading Thailand banks on new visa to lure foreign talent, more investment
Japan tests roads for EV wireless charging with 2025 goal
TOKYO — Japanese construction group Obayashi and auto parts supplier Denso have started testing road pavement designed to power electric vehicles while they drive, aiming to have practical technology in 2025, Nikkei has learned. At Obayashi’s research center in Tokyo, a small EV was able to run almost continuously at 15 kilometers an hour on a… Continue reading Japan tests roads for EV wireless charging with 2025 goal
Battle lines emerge in China’s shifting NEV market
As China winds down the generous consumer subsidies that helped its market for new-energy vehicles surpass that of any other country, the landscape is shifting. While the largest players — Tesla and homegrown giant BYD — look set to hold onto their leading positions for now, second-tier companies are facing increasing challenges. Go to Source