GWANGYANG, South Korea — The mound of gray spodumene at POSCO Pilbara Lithium Solution’s warehouse in the South Korean port city of Gwangyang looks just like a massive pile of sand. But locked within the grains of the unprepossessing heap lies a key ingredient for making electric vehicle batteries. “We get lithium hydroxide from spodumene… Continue reading POSCO bets on battery materials even as EV demand slows
Author: Nikki News Feed
POSCO bets on battery materials even as EV demand slows
GWANGYANG, South Korea — The mound of gray spodumene at POSCO Pilbara Lithium Solution’s warehouse in the South Korean port city of Gwangyang looks just like a massive pile of sand. But locked within the grains of the unprepossessing heap lies a key ingredient for making electric vehicle batteries. “We get lithium hydroxide from spodumene… Continue reading POSCO bets on battery materials even as EV demand slows
Indonesia’s EV drive faces geopolitical headwinds
Robert Walker is a research associate and Hilman Palaon is a research fellow at the Lowy Institute’s Indo-Pacific Development Centre Indonesia is determined to capitalize on the green industries of tomorrow, but its path to success is being complicated by the reemergence of industrial policy and economic protectionism. Go to Source
Sony, Honda to adopt common EV platform, seeking lower costs
TOKYO — Honda Motor and Sony Group will use a common platform to manufacture electric vehicles, as the Japanese partners look to reduce the cost of development. The common platform will be found in Honda’s 0 Series EVs, as well as electric vehicles to be sold under Afeela, a brand controlled by the joint venture… Continue reading Sony, Honda to adopt common EV platform, seeking lower costs
Toyota subsidiary warned about Subcontract Act violations
TOKYO — The Japan Fair Trade Commission on Friday issued a cautionary advisory to a Toyota Motor subsidiary, which had had unfair transactions with its 94 subcontractors, including forcing some to store molds without compensation. The commission acknowledged that Toyota Customizing & Development, a company in which Toyota Motor has a 90.5% share, violated the… Continue reading Toyota subsidiary warned about Subcontract Act violations
EU must not be ‘naive’ in China EV talks, Spain economy minister says
TOKYO — Spain’s economy minister said the European Union must stand its ground in negotiations with Beijing over electric vehicle imports following the bloc’s implementation of hefty provisional duties against Chinese EVs. “The EU thrives in rule-based international trade,” Carlos Cuerpo, Spain’s minister of economy, trade and enterprise, told Nikkei Asia in an interview in… Continue reading EU must not be ‘naive’ in China EV talks, Spain economy minister says
Japanese insurers, banks to unload $3bn in Honda shares
TOKYO — Major Honda Motor shareholders, including Tokio Marine & Nichido Fire Insurance and MUFG Bank, will unload some 500 billion yen ($3.1 billion) of their stakes this month as they work to unwind cross-held shareholdings, the Japanese automaker announced Thursday. The offering price has not been set. But based on Honda’s closing stock price… Continue reading Japanese insurers, banks to unload $3bn in Honda shares
EU presses ahead with Chinese EV tariffs as talks continue
LONDON — The European Commission on Thursday confirmed hefty import tariffs on EVs made in China, with negotiations continuing ahead of a definitive vote by member states in October on whether to lock in the rates for the next five years. Thursday was the deadline for Beijing and Brussels to find a solution before the… Continue reading EU presses ahead with Chinese EV tariffs as talks continue
BYD comes to Thailand and China stakes its rare earths claims
Hello everyone, this is Cissy from Hong Kong. I took a personal trip to mainland China over the long weekend, as July 1 is a public holiday marking the handover of the city from British control. The crowd at the checkpoint for the border crossing between Hong Kong and Shenzhen was unbelievable — a little… Continue reading BYD comes to Thailand and China stakes its rare earths claims
Nissan and Honda weigh tie-up on software and EV charging
TOKYO — Nissan Motor and Honda Motor are considering sharing automotive software in an effort to deploy cutting-edge capabilities more cheaply and quickly. The two Japanese automakers are ironing out details toward jointly developing operating systems and other automotive software, which could help slash related costs. Go to Source