TOKYO/NEW YORK — International auto shows around the world are becoming markedly less international as countries focus on building up their own electric-vehicle industries amid competition from China’s rapid expansion. This trend is on clear display at the Detroit Auto Show that began Wednesday. Major U.S. carmakers like Michigan-based General Motors and Ford Motor are showing… Continue reading International auto shows skew domestic with focus on EV sector
Author: Nikki News Feed
U.S. autoworkers launch first simultaneous strike at Detroit Three
DETROIT (Reuters) — The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors, Ford Motor and Chrysler parent Stellantis on Friday, kicking off the most ambitious U.S. industrial labor action in decades. The walkouts at the Detroit Three will halt production of the Ford Bronco, Jeep Wrangler and Chevrolet Colorado pickup truck, along… Continue reading U.S. autoworkers launch first simultaneous strike at Detroit Three
Japan’s Aisin to adopt Tesla-style ‘gigacasting’ for EV parts
NAGOYA, Japan — Japanese auto supplier Aisin said Thursday that it will start using “gigacasting,” a manufacturing process pioneered by Tesla, to produce aluminum components for electric vehicles. Gigacasting is a form of aluminum die casting that combines what were traditionally several parts of a vehicle’s frame into one larger piece. The technique streamlines the… Continue reading Japan’s Aisin to adopt Tesla-style ‘gigacasting’ for EV parts
Japan, Canada to develop North American EV battery supply chains
TOKYO — Japanese public and private entities will develop supply chains in Canada for electric vehicles that encompass extracting and processing key minerals as well as battery production as the Canadian government provides subsidies and other support to increase supply capacity. Tokyo sees the initiative as both strengthening its economic security and increasing North American… Continue reading Japan, Canada to develop North American EV battery supply chains
Beijing blasts EU for protectionism while China EV stocks slide
SHANGHAI/BEIJING (Reuters) — Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped. European Commission President Ursula von der Leyen announced the investigation on Wednesday, accusing China of… Continue reading Beijing blasts EU for protectionism while China EV stocks slide
Hyundai, Samsung develop India bases for Middle East, Africa exports
NEW DELHI — South Korean conglomerates Hyundai Motor and Samsung Electronics are developing their Indian operations to boost sales in the Middle East and Africa, seeking to harness the deepening economic cooperation between New Delhi and Seoul. South Korean President Yoon Suk Yeol and Indian Prime Minister Narendra Modi met at the Group of 20… Continue reading Hyundai, Samsung develop India bases for Middle East, Africa exports
EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
BRUSSELS (Reuters) — The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union producers against cheaper Chinese electric vehicle (EV) imports it says are benefiting from state subsidies. “Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies,”… Continue reading EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
Chinese battery makers brace for price war to supply EV producers
China, the world’s biggest maker of electric vehicles, is poised to become a battleground for a price war between the two largest producers of the batteries that power EVs. Contemporary Amperex Technology, better known as CATL, holds 43% of domestic market share while Warren Buffett-backed BYD, which makes both electric cars and batteries, has about… Continue reading Chinese battery makers brace for price war to supply EV producers
Honda, BMW and Ford seek to optimize EV grid with new venture
TOKYO — Honda Motor, BMW Group and Ford Motor will form a joint venture linking automakers and power companies to optimize electric-vehicle grid services for North American drivers. The three automakers will each hold an equal stake in ChargeScape and expect the venture to begin operations in early 2024, pending regulatory approvals, under plans announced… Continue reading Honda, BMW and Ford seek to optimize EV grid with new venture
Nissan doubles restricted substances over 4 years, including PFAS
TOKYO — Nissan Motor has banned or restricted its use of nearly 7,600 substances for their environmental and health impact, almost doubling its list over four years and in some cases going further than national guidelines, Nikkei has learned. These substances include many organic fluorine chemical compounds called PFAS, widely used chemicals that have drawn scrutiny for… Continue reading Nissan doubles restricted substances over 4 years, including PFAS