Author: Nikki News Feed

Tesla-free India becomes EV battleground as JSW enters fray

MUMBAI — As foreign and domestic players scramble to grab a piece of India’s emerging EV market in the absence of Tesla and BYD, steel and energy conglomerate JSW Group plans to invest 400 billion rupees ($4.8 billion) to build a vehicle and battery factory. JSW is aiming for annual production of 100,000 commercial vehicles… Continue reading Tesla-free India becomes EV battleground as JSW enters fray

Japan’s driver shortages spur innovation at warehouses

OMI HACHIMAN, Japan — An engineer at Japanese forklift maker Mitsubishi Logisnext says he is receiving more inquiries from warehouse operators about self-driving models, even though they cost several times more than conventional versions. The customers say they have forklifts but cannot find operators to drive them. While a typical midsize forklift sells for about… Continue reading Japan’s driver shortages spur innovation at warehouses

Hyundai to launch e-buses in Japan, customized for local market

TOKYO — Hyundai Motor plans to roll out electric buses in the Japanese market this fall, the head of the local unit of the South Korean automaker told Nikkei, aiming to serve the transportation and tourism needs of communities outside urban centers. The South Korean automaker will release the Elec City Town all-electric bus, Cho Won… Continue reading Hyundai to launch e-buses in Japan, customized for local market

Antitrust watchdog warns Nissan on $20m underpayment to subcontractors

TOKYO (Kyodo) — Japan’s antitrust watchdog on Thursday issued a warning to Nissan Motor Co. for illegally reducing payments to 36 subcontractors, with the underpayments totaling more than 3 billion yen ($20 million) for about two years. Nissan’s practice, considered as the abuse of its dominant position over smaller businesses, may date back several decades,… Continue reading Antitrust watchdog warns Nissan on $20m underpayment to subcontractors

From EVs to hydrogen, Asia’s green tech sector perseveres amid financing hurdles

SINGAPORE — Bringing green mobility to public transit, along with a focused push for renewable energy, can pave the way for viable solutions to climate change, even as green technology grapples with overcoming funding constraints to deliver long-term answers for Asia in transitioning to a low-carbon future. This was highlighted on Thursday by participants in… Continue reading From EVs to hydrogen, Asia’s green tech sector perseveres amid financing hurdles

Tesla supplier Panasonic weighs more U.S. battery investment in Kansas

TOKYO — Tesla battery supplier Panasonic Energy is weighing additional investment in the U.S. state of Kansas despite concerns that demand for electric vehicles is slowing, Nikkei Asia has learned. Sources, including one with direct knowledge of the matter, say the Japanese electric vehicle battery maker is assessing whether to add production capacity beyond what… Continue reading Tesla supplier Panasonic weighs more U.S. battery investment in Kansas

Chinese self-driving car developers slash California test drives

PALO ALTO, California — The distance traveled by major Chinese companies’ self-driving cars in California road tests plunged about 70% last year, official data shows, in another sign of the U.S.-China rift over advanced technology. The decline in testing in the state’s challenging road environment could have an impact on the Chinese companies’ ability to… Continue reading Chinese self-driving car developers slash California test drives

BYD to deploy fleet of 8 car carriers to underpin global EV expansion

GUANGZHOU — Chinese electric vehicle leader BYD plans to increase its fleet of car carriers to eight within in two years to boost its export capacity, as the country’s dominance in new energy vehicles looks likely to extend to the seas. “BYD is going to deploy seven car carriers in the coming two years to… Continue reading BYD to deploy fleet of 8 car carriers to underpin global EV expansion