When Mr Ghosn arrived at Tokyo’s Haneda airport, however, he soon found himself under arrest. He was charged with financial crimes, including failing to report his true earnings. Prosecutors were acting on information provided by Nissan itself, much of it collated by Mr Ghosn’s own chief of staff Hari Nada. Go to Source
Tag: Renault
EnergyNissan’s battery partner to spend over $450 mln on new plant in Japan5:10 AM UTC
TOKYO, Aug 4 (Reuters) – Nissan Motor Co’s (7201.T) Chinese battery partner Envision AESC said on Wednesday it would spend 50 billion yen ($460 million) to build a new battery plant in Japan’s Ibaraki prefecture north of Tokyo. Over the long term, Envision could invest over 100 billion yen in the plant, which would start… Continue reading EnergyNissan’s battery partner to spend over $450 mln on new plant in Japan5:10 AM UTC
Nissan staff and court officials raided Ravinder Passi’s house
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EV powertrains set to disrupt auto industry’s pecking order
TOKYO — Electric-vehicle makers including Hyundai Motor and Stellantis have begun to look beyond their own development teams for powertrain systems — the throbbing heart that makes EVs go — in a trend that could reshape decades-old automotive supply chains. EV powertrains, called e-axles, combine motors, gearboxes and other drive components into one system that plays a… Continue reading EV powertrains set to disrupt auto industry’s pecking order
Nidec Completes the Acquisitions of Stock, Etc. of Mitsubishi Heavy Industries Machine Tool Co., Ltd., and Announces an Outline of Its New Subsidiaries
KYOTO, Japan, Aug. 03, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has completed yesterday, with certain exceptions, the acquisitions of: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine… Continue reading Nidec Completes the Acquisitions of Stock, Etc. of Mitsubishi Heavy Industries Machine Tool Co., Ltd., and Announces an Outline of Its New Subsidiaries
Electrify America to phase out CHAdeMO charging from 2022
The charging standards war ended in 2020, when Nissan announced that it would abandon the CHAdeMO DC fast charging standard in favor of the competing CCS standard. The only plug-in vehicle on sale in the US that still uses CHAdeMO is the low-volume Mitsubishi Outlander PHEV. Of course, there are still substantial numbers of older… Continue reading Electrify America to phase out CHAdeMO charging from 2022
Hino and Isuzu race for electric trucks as Chinese rivals encroach
TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach
German Manager Magazin: Renault figures half-year balance sheet: after billions in losses, black figures again, savings plan “Renaulution” takes effect 001010
The French automaker Renault was in the black again in the first half of the year – after a long dry spell. As the company announced on Friday, the group’s net profit was 354 million euros. Sales rose by 26.8 percent to 23.4 billion euros. In the same period of the previous year Renault had… Continue reading German Manager Magazin: Renault figures half-year balance sheet: after billions in losses, black figures again, savings plan “Renaulution” takes effect 001010
Report: Rivian could build electric 4x4s in the UK
US electric vehicle start-up Rivian is in talks with the UK government to build a car factory near Bristol, according to Sky News. Sky reports that talks are not yet at “an advanced stage”, but cites industry sources as saying Rivian’s decision to build in the UK would likely be worth more than £1 billion… Continue reading Report: Rivian could build electric 4x4s in the UK
Autos & Transportation · 12:11 AM UTCRenault locks in lithium supply from Vulcan Energy in five-year dealGerman-Australian start-up Vulcan Energy Reso…
A 100% Electric logo is seen on a Renault Kangoo ZE electric utility vehicle at a Renault automobile dealership in Cagnes-Sur-Mer, France, October 22, 2020. REUTERS/Eric Gaillard/File Photo Aug 2 (Reuters) – German-Australian start-up Vulcan Energy Resources Ltd (VUL.AX) said on Monday it has signed a deal to supply lithium to Renault SA (RENA.PA), the… Continue reading Autos & Transportation · 12:11 AM UTCRenault locks in lithium supply from Vulcan Energy in five-year dealGerman-Australian start-up Vulcan Energy Reso…