TOKYO — Toyota Motor and Daimler Truck AG will combine their truck businesses in Japan and share expertise on using hydrogen and next-generation technologies in commercial vehicles as part of efforts to cut carbon emissions. The businesses of Daimler-owned Mitsubishi Fuso Truck and Bus Corp. and Toyota subsidiary Hino Motors will integrate their operations from… Continue reading Toyota and Daimler set to combine truck units under new company
Author: Nikki News Feed
Mahathir Q&A: Auto industry ‘will have to go to hydrogen’
TOKYO — Former Malaysian Prime Minister Mahathir Mohamad last week sat down for an interview on the sidelines of Nikkei’s Future of Asia conference, sharing his thoughts on a range of topics, from the “Global South” and the South China Sea to the electric vehicle industry and Malaysian politics. The 97-year-old, who championed the development… Continue reading Mahathir Q&A: Auto industry ‘will have to go to hydrogen’
Tesla to open flagship EV store in Bangkok as Thai sales grow
BANGKOK — Tesla will open a Thai flagship store as soon as June at a mall in eastern Bangkok, looking to accelerate its fast-growing electric vehicle sales in Thailand and catch up with Chinese rivals like BYD. The U.S. automaker is renovating the site of a former Toyota Motor showroom, according to local media. In… Continue reading Tesla to open flagship EV store in Bangkok as Thai sales grow
Honda to double number of programmers to 10,000 by 2030
TOKYO — Honda Motor will double the number of software programmers to 10,000 by 2030 in a shift away from traditional manufacturing toward a software-driven business like Tesla’s, Nikkei has learned. In a fresh software-related push, the Japanese automaker will strengthen its partnership with KPIT Technologies, an Indian software developer. The revised partnership will see… Continue reading Honda to double number of programmers to 10,000 by 2030
Indonesia challenges Thailand’s title as the ‘Detroit of Asia’
BANGKOK/JAKARTA — Thailand is scrambling to defend its position as the “Detroit of Asia” as Indonesia closes the gap in auto production by leveraging its mining resources to capitalize on a global shift to EVs and other new energy vehicles. Indonesian President Joko Widodo used last weekend’s Group of Seven summit in Hiroshima, Japan, as… Continue reading Indonesia challenges Thailand’s title as the ‘Detroit of Asia’
Glass Lewis advises against reelecting Toyota chairman as director
TOKYO — U.S. proxy advisory firm Glass Lewis has recommended that shareholders vote against the reelection of Toyota Motor Chairman Akio Toyoda as a director, holding him responsible for what it claims is a lack of independence at the Japanese automaker’s board. The company also advised against voting for three auditor candidates, asserting the lack… Continue reading Glass Lewis advises against reelecting Toyota chairman as director
Hyundai Motor, LG to build $4.3bn EV battery factory in U.S.
TOKYO — Hyundai Motor Group and LG Energy Solution said on Friday that they will build a battery factory in the U.S. to supply Hyundai’s electric vehicles there, as they are keen to benefit from American subsidies. The South Korean businesses announced that they will invest 5.7 trillion won ($4.3 billion) for the joint venture in Georgia,… Continue reading Hyundai Motor, LG to build $4.3bn EV battery factory in U.S.
Vietnam EV startup powers Grab, Lazada delivery via battery ‘ATMs’
HO CHI MINH CITY — A web of new ATMs — of a sort — is popping up in Vietnam’s cities. Instead of cash, these boxes dispense batteries for electric motorbikes. The startup behind it hopes the system will save enough time and money to win over Southeast Asians driving the region’s 240 million gas-guzzlers. … Continue reading Vietnam EV startup powers Grab, Lazada delivery via battery ‘ATMs’
China car wars: BYD, Great Wall spar over emissions standards
GUANGZHOU — A feud between two of China’s biggest auto manufacturers, Great Wall Motor and BYD, spilled out into the open on Thursday, as the rivals traded barbs over environmental standards amid heightening competition in the world’s largest auto market. Great Wall Motor issued a statement on Thursday claiming BYD’s plug-in hybrid models Qin Plus… Continue reading China car wars: BYD, Great Wall spar over emissions standards
Vietnam’s VinFast recalls EVs in U.S. over display safety risk
Vietnam’s VinFast recalls EVs in U.S. over display safety risk – Nikkei Asia Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Automobiles Glitch affects ‘critical safety’ data in SUVs, says company with 2025 profit goal… Continue reading Vietnam’s VinFast recalls EVs in U.S. over display safety risk