Cash-strapped Chinese startup Byton, Apple assembler Foxconn and the Nanjing Economic and Technological Development Zone have agreed to start building electric sport-utility vehicles in 2022, according to a statement on Monday. Young Liu, chairman of Foxconn said in the statement that the partnership with Byton will be a key part in Foxconn’s strategy in electric vehicle (EV) industry.… Continue reading Foxconn to make electric SUVs with cash-strapped Chinese startup Byton, may invest $200m
Tag: Renault
G.M. Accelerates Its Ambitions for Electric Vehicles
For the last five years, G.M., Ford Motor, Volkswagen and others have been trying to develop compelling and affordable electric vehicles, while watching with both envy and admiration as Tesla raced ahead. Tesla is on track to sell close to 500,000 E.V.s this year, far more than any rival, and is building factories in Germany… Continue reading G.M. Accelerates Its Ambitions for Electric Vehicles
MG poised to launch compact electric hatchback
MG will aim to offer one of the best value electric cars available with a new EV supermini; one of its two models expected to launch next year. While the first – production version of the E-Motion – will increase the desirability factor and boost the brand’s image, MG will also stay true to its modern-day ethos with a low-cost, battery-powered rival… Continue reading MG poised to launch compact electric hatchback
Nissan Motor to reduce presence in Europe as part of turnaround plan: Yomiuri
By Reuters Staff 2 Min Read FILE PHOTO: The logo of Nissan Motor Corp. is displayed the company’s showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor is planning to further reduce its presence in Europe and outsource the sales and manufacturing of its cars to alliance partner Renault, the… Continue reading Nissan Motor to reduce presence in Europe as part of turnaround plan: Yomiuri
BYD’s EV battery recycling goes global with Itochu
TOKYO/GUANGZHOU — Chinese electric vehicle maker BYD will transform old EV batteries into power storage for rewnewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin to go on sale as early as fiscal 2021 Asia, the U.S. and Europe.… Continue reading BYD’s EV battery recycling goes global with Itochu
@Nissan: 000167
2020/12/25 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced production, sales and export figures for November 2020. 1. Production Nissan’s global production in November declined 5.6% from a year earlier. Production in Japan declined 19.9%. Production outside Japan declined 3.0%. Production in China surpassed year-earlier results by 5.5%. 2. Sales Global sales in November… Continue reading @Nissan: 000167
@Nissan: 2020/12/23 Nissan introduces all-new Note e-POWER AWD in Japan Nissan t…000166
2020/12/23 Note X FOUR YOKOHAMA, Japan – Nissan today launched the all-new Note e-POWER AWD compact car, with dual electric motors that give the driver enhanced control and acceleration. The car comes exclusively with Nissan’s e-POWER electrified powertrain and is scheduled to go on sale in Japan in early 2021. The introduction of the all-wheel-drive… Continue reading @Nissan: 2020/12/23 Nissan introduces all-new Note e-POWER AWD in Japan Nissan t…000166
@Mitsubishi: MITSUBISHI MOTORS Starts First Overseas Production of OUTLANDER PHEV in Thailand
TOKYO, Dec 23, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) started local production of the OUTLANDER PHEV, a plug-in hybrid EV (PHEV), at the Laemchabang Factory of MITSUBISHI MOTORS THAILAND, a local production and sales company in Thailand. A ceremony to commemorate the line-off of the first local production OUTLANDER PHEV was held… Continue reading @Mitsubishi: MITSUBISHI MOTORS Starts First Overseas Production of OUTLANDER PHEV in Thailand
Chinese autonomous driving startup WeRide bags $200M in funding
WeRide, one of China’s most-funded startups developing autonomous driving capabilities, said on Wednesday that it has raised a $200 million strategic round from Chinese bus maker Yutong. Mega investments aren’t uncommon at companies like WeRide developing the next-generation level 4 driving standard, which denotes that the car can handle the majority of driving situations independently without… Continue reading Chinese autonomous driving startup WeRide bags $200M in funding
@Renault: AVTOVAZ has started production of the new LADA Niva Travel000146
On December 21, the plant ”LADA West Togliatti”, a subsidiary of JSC ”AVTOVAZ”, started series production of the SUV under the new name – LADA Niva Travel. Dmitry Azarov, Governor of the Samara Region, and Yves Karakatzanis, President of AVTOVAZ, took part in the solemn ceremony of the first production car rolling off the assembly… Continue reading @Renault: AVTOVAZ has started production of the new LADA Niva Travel000146