BEIJING — Beijing remains focused on pouring money into its chip industry in a tech race against the U.S. instead of funding powerful stimulus measures, further slowing its economic recovery from a real-estate-induced slump. The policy seems to reflect Chinese President Xi Jinping’s aim of protecting economic security amid rising tensions with Washington rather than… Continue reading China puts priority on tech race with U.S. over economic growth
Author: Nikki News Feed
BYD outpaces Tesla 16-fold in patent fillings
TOKYO — Chinese EV giant BYD has filed 16 times more patents over the past 20 years than industry leader Tesla, using legal frameworks to protect its battery technology while its U.S. competitor relies on production advances that are difficult to imitate. Tesla applied for 836 patents from its founding in 2003 to 2022, while… Continue reading BYD outpaces Tesla 16-fold in patent fillings
China’s BYD takes on Toyota, Nissan in Japan’s small-car market
TOKYO — Chinese automaker BYD’s second model for the Japanese market is a compact electric car that will go up against similar-sized domestic offerings, as the company seeks to take on some of the world’s leading automakers on their home turf. The Dolphin will be priced at 3.6 million yen ($24,000), BYD said on Wednesday.… Continue reading China’s BYD takes on Toyota, Nissan in Japan’s small-car market
Vegan-friendly EVs drive animal-free leather boom in China
TOKYO — China’s vegan revolution appears to have caught up with its electric vehicle craze, as upholstery in battery-powered automobiles is increasingly featuring upscale synthetic leather. Japanese chemical group Toray Industries has already seen benefits. The company said Chinese sales of its Ultrasuede material roughly doubled last year. Go to Source
China’s GAC Group to build EV parts with Apple supplier Luxshare
GUANGZHOU — China’s Guangzhou Automobile Group (GAC) and Luxshare Precision Industry have broken ground on a joint factory for electric vehicle control systems and other components in the city of Guangzhou. Mass-production at the roughly 3 billion yuan ($411 million) facility is slated to begin in 2024. GAC hopes to better compete with rival automakers… Continue reading China’s GAC Group to build EV parts with Apple supplier Luxshare
France reforms EV subsidy to freeze out China-made cars
PARIS — The French government is redefining its electric vehicle subsidy criteria under a new law designed to exclude Chinese-made cars. Buyers of electric vehicles in France are eligible for a cash incentive of up to 5,000 euros ($5,360) but the government is now narrowing the criteria for its “green bonus.” Details will be published later on Tuesday or… Continue reading France reforms EV subsidy to freeze out China-made cars
Japan’s Ghibli Park to feature all-electric ‘Catbus’ made by Toyota
NAGOYA, Japan — Starting next spring, visitors to Japan’s Ghibli Park will be able to hitch a ride in Toyota-made electric vehicles resembling the iconic Studio Ghibli character Catbus. Studio Ghibli showcased a prototype of the all-electric Catbus vehicle during a recent press conference at Aichi prefecture’s main government office. In addition to a driver,… Continue reading Japan’s Ghibli Park to feature all-electric ‘Catbus’ made by Toyota
Toyota gigacasting prototype cuts production from hours to minutes
NAGOYA, Japan — Toyota Motor showed off a prototype of its new gigacasting equipment that can make a third of a car body in about three minutes, a development that will be key to its plans to ramp up electric-vehicle production profitably in the coming years. The machine at the Japanese automaker’s Myochi plant released… Continue reading Toyota gigacasting prototype cuts production from hours to minutes
UAW resumes bargaining talks with Chrysler-parent Stellantis
(Reuters) — The United Auto Workers and Chrysler-parent Stellantis resumed bargaining talks on Monday as a strike against the Detroit Three automakers entered its fourth day. Union negotiators and representatives of General Motors, Ford and Stellantis held talks over the weekend in an attempt to end one of the most ambitious U.S. industrial labor actions… Continue reading UAW resumes bargaining talks with Chrysler-parent Stellantis
China’s midtier cities vie for EV battery supremacy
A handful of things put the southwestern Chinese city of Yibin on the map. There is Wuliangye, a popular brand of the fiery liquor baijiu. The iconic Bamboo Sea, which was a key location for Ang Lee’s 2000 martial arts hit “Crouching Tiger, Hidden Dragon,” is also nearby. And there are the fuel rods the… Continue reading China’s midtier cities vie for EV battery supremacy