Author: Nikki News Feed

Xpeng to deliver flying cars ‘in 2025’ as China aims to lead in rule-setting

LAS VEGAS, U.S. — Xpeng Aeroht will start taking orders for its flying car late this year, the subsidiary of Chinese electric vehicle maker Xpeng Motors said, with deliveries to start in late 2025. Xpeng’s vehicle was just one of the flying vehicles on display at the CES consumer tech show in Las Vegas, though… Continue reading Xpeng to deliver flying cars ‘in 2025’ as China aims to lead in rule-setting

China’s Xpeng and Nio bring out EV fans with special events

GUANGZHOU — From live music to documentaries, Chinese electric vehicle makers like Xpeng and Nio are trying creative ways to connect with car buyers in a competitive home market. Xpeng on Jan. 1 introduced its new X9 minivan at an outdoor event near Canton Tower, a Guangzhou landmark. Go to Source

Maruti Suzuki to invest $4.2bn for new India plant

BENGALURU — India’s largest carmaker Maruti Suzuki will invest 350 billion rupees ($4.2 billion) to build a new factory in the western state of Gujarat, as local and global rivals turn up the heat with aggressive expansion plans. The factory, expected to start production by the fiscal year ending March 2029, will increase the company’s annual… Continue reading Maruti Suzuki to invest $4.2bn for new India plant

Honda unveils in-house EVs for North America with new 0 Series

LAS VEGAS, U.S. — Honda Motor unveiled Tuesday two new electric vehicles developed in-house as it seeks to make up for lost time in the EV game. The Saloon sedan and the Space-Hub minivan made their world premiere as concept models at the CES consumer electronics show here. They will be sold under Honda’s new… Continue reading Honda unveils in-house EVs for North America with new 0 Series

VinFast says one U.S. plant ‘enough’ as EV maker sets sights on India

LAS VEGAS, U.S. — Vietnamese automaker VinFast has unveiled three new electric models, including a scooter, for the American market but says it has no plans for a second factory there as it sets its sights on Asia. Le Thi Thu Thuy, chairwoman of VinFast, told Nikkei Asia on the sidelines of the CES consumer… Continue reading VinFast says one U.S. plant ‘enough’ as EV maker sets sights on India

Honda-backed Israeli startup to use nuclear fusion to power EVs

HOUSTON, U.S. — A nuclear fusion startup backed by Honda Motor plans to use mini fusion power generation facilities as charging stations for electric vehicles, signaling how development of the long-hoped-for energy source is accelerating. Israeli startup NT-Tao will manufacture demonstration facilities by 2029 and aims to commercialize them in the 2030s. Go to Source

AI is not everything for car chip innovations, NXP tech officer says

TAIPEI — Artificial intelligence alone will not be enough to ensure further innovation in automotive chips, as building cars is not like building an AI chatbot, a senior executive at NXP told Nikkei Asia. Lars Reger, chief technology officer at the leading European chipmaker, said the car industry’s adoption of more creative electronic features will… Continue reading AI is not everything for car chip innovations, NXP tech officer says

Panasonic says plans for third U.S. EV battery plant still on

LAS VEGAS, U.S. — Panasonic Energy still plans to build a third electric vehicle battery plant in the U.S. despite scrapping a tentative plan last year to build a facility in Oklahoma, an executive told Nikkei Asia. Allan Swan, president of Panasonic Energy of North America, discussed the plans on the sidelines of the CES… Continue reading Panasonic says plans for third U.S. EV battery plant still on

Vietnam’s VinFast to spend up to $2bn on India car, battery plant

HO CHI MINH CITY — VinFast will spend up to $2 billion to produce electric vehicles and batteries in India, the Vietnamese carmaker said shortly after appointing its founder as CEO. The Nasdaq-listed company’s factory in Tamil Nadu will contribute to local goals that 30% of new cars be EVs, VinFast said late Saturday. A spokesman told Nikkei Asia… Continue reading Vietnam’s VinFast to spend up to $2bn on India car, battery plant