Japan plans to list Tokyo Metro as stock market hits 34-year peak

Tokyo Metro Co, which operates most of the Japanese capital’s subway system, is set to go public—a major privatisation effort by Japan as it seeks to take advantage of a stock market that has shot to 34-year peaks. The company, which is 53.4% owned by the central government with the rest held by the Tokyo government, will be listed… Continue reading Japan plans to list Tokyo Metro as stock market hits 34-year peak

Hitachi, NEC seek to raise up to $2.1b through share sale in chipmaker Renesas

Hitachi and NEC Corp are aiming to raise up to $2.1 billion by selling their stakes in chipmaker Renesas Electronics, according to a term sheet seen by Reuters, joining a Japanese restructuring drive that has boosted shares. Investors have welcomed measures to improve capital efficiency at Japanese firms, sending share prices to 34-year highs. Firms have been spurred on by the Tokyo Stock Exchange, which earlier in January… Continue reading Hitachi, NEC seek to raise up to $2.1b through share sale in chipmaker Renesas

Automotive Carbon Thermoplastic Market Poised for Remarkable Growth, Chassis Application Dominates Market Value – Global Forecast to 2028

DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Global Automotive Carbon Thermoplastic Market by Resin Type (PA, PEEK, PPS, PC, PP), Application (Exterior, Interior, Chassis, Powertrain & UTH), and Region (North America, Europe, APAC, Latin America, MEA) – Forecast to 2028″ report has been added to  ResearchAndMarkets.com’s offering. The global landscape of the Automotive Carbon Thermoplastic Market… Continue reading Automotive Carbon Thermoplastic Market Poised for Remarkable Growth, Chassis Application Dominates Market Value – Global Forecast to 2028

@Tata-JLR: Car companies are betting big on climate tech

It’s crunch time for the car industry in its race to go green. From 2035 onwards, any new cars and vans sold in the European Union and the UK must be zero emission vehicles.  In response, car companies are ramping up their electric vehicle lineups and scrambling to secure access to the components needed to… Continue reading @Tata-JLR: Car companies are betting big on climate tech

Malaysia seeks place in EV ecosystem with battery development

KUALA LUMPUR — Malaysia has built a solid reputation over four decades as a reliable manufacturer of products ranging from semiconductors to automobiles — even producing a “national car” in 1985 through cooperation with Japan’s Mitsubishi Motors. And while the country was the first in ASEAN to achieve that milestone, it has fallen behind in… Continue reading Malaysia seeks place in EV ecosystem with battery development

Asia-Pacific Alternative Cathode Material Market Analysis Report 2023-2032, Featuring Mitsubishi Electric, Nippon Chemical Industrial, LG Chem & POSCO

DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Asia-Pacific Alternative Cathode Material Market: Analysis and Forecast, 2023-2032” report has been added to ResearchAndMarkets.com’s offering. The Asia-Pacific alternative cathode material market (excluding China) was valued at $1.18 billion in 2023, and it is expected to grow with a CAGR of 6.96% during the forecast period 2023-2032 to reach $2.16… Continue reading Asia-Pacific Alternative Cathode Material Market Analysis Report 2023-2032, Featuring Mitsubishi Electric, Nippon Chemical Industrial, LG Chem & POSCO

Mining Sector Disruption: Innovative Battery Technologies Poised to Fuel Clean Energy Transition

DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Digging deeper into sustainability – key disruptive forces in mining (Vol.3)” report has been added to ResearchAndMarkets.com’s offering. Clean energy technologies, including wind turbines, solar panels, electric vehicles, and battery storage, depend on various minerals and metals. Batteries are crucial for the renewable energy transition, and efforts are underway to… Continue reading Mining Sector Disruption: Innovative Battery Technologies Poised to Fuel Clean Energy Transition

Automated Parking Systems Market to grow by USD 2.33 billion between 2022 and 2027, Increasing urbanization to Drive Growth – Technavio

The demand for parking spaces and transportation infrastructure rises as cities experience increased population density, driving the significant trend of integration with smart city initiatives NEW YORK, Jan. 24, 2024 /PRNewswire/ — The Automated Parking System (APS) Market is estimated to grow at a CAGR of 16.15% between 2022 and 2027 and the size is forecast to increase… Continue reading Automated Parking Systems Market to grow by USD 2.33 billion between 2022 and 2027, Increasing urbanization to Drive Growth – Technavio

Steam Turbine Market to Record USD 3.42 billion between 2022 and 2027, The increasing demand for power generation drives growth – Technavio

NEW YORK, Jan. 23, 2024 /PRNewswire/ — The steam turbine market size is expected to grow by USD 3.42 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum will progress at a CAGR of 3.82% during the forecast period. The increasing demand for power generation drives growth. A steam turbine is a mechanical device that… Continue reading Steam Turbine Market to Record USD 3.42 billion between 2022 and 2027, The increasing demand for power generation drives growth – Technavio

Mitsubishi Motors to exit from China production – Nikkei

TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, and is discussing its exit with local joint venture partner Guangzhou Automobile Group, the Nikkei newspaper reported on Wednesday, without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said. Mitsubishi Motors… Continue reading Mitsubishi Motors to exit from China production – Nikkei