ChargePoint sounds alarm on electric vehicle charging standards – Reuters UK

FRANKFURT (Reuters) – A leading operator of charging stations has sounded the alarm on a proposed technical standard that it says could hamper mass adoption of electric vehicles by making it harder to charge them at home or at work. FILE PHOTO: A ChargePoint station on display at the Frankfurt Motor Show (IAA) in Frankfurt,… Continue reading ChargePoint sounds alarm on electric vehicle charging standards – Reuters UK

FOCUS-Nissan faces long, rocky road to cut U.S. discounts, rental sales

DETROIT/TOKYO (Reuters) – Nissan Motor Co Ltd said on Tuesday it had hit “rock bottom” with a 45% drop in annual operating profit. The automaker’s troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why. FILE PHOTO: A finished Nissan Altima comes off… Continue reading FOCUS-Nissan faces long, rocky road to cut U.S. discounts, rental sales

Nissan Might Buy Stake In A Chinese Electric Automaker

Nissan may need something compelling soon, and a Chinese EV startup could be the answer. According to a recent report via Bloomberg, Nissan may be considering an investment in a China-based EV startup company. While the automaker has seen massive global success with its all-electric LEAF over the years, the competition is increasing and it… Continue reading Nissan Might Buy Stake In A Chinese Electric Automaker

Nissan full-year net profit more than halves to near-decade low

Ghosn denies that charge and insists he is innocent of all allegations against him. TOKYO: Crisis-hit Nissan on Tuesday revealed full-year net profits at a near-decade low and forecast a further decline as it battles to recover after the shock arrest of its talismanic former boss Carlos Ghosn. The Japanese firm’s bottom-line profit for the… Continue reading Nissan full-year net profit more than halves to near-decade low

Daimler’s CEO designate will push alliances to cut costs

Kaellenius said Daimler had moved from using an equal amount of nickel, cobalt and manganese in its electric car batteries, towards a new ratio of 8:1:1. Germany: Daimler will cut development costs of new Mercedes-Benz cars by a significant amount by 2025 and will intensify alliances with rivals as a way to improve margins, Ola… Continue reading Daimler’s CEO designate will push alliances to cut costs

UPDATE 3-Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh

YOKOHAMA (Reuters) – Nissan Motor Co forecast a 28% plunge in its annual operating profit, putting it on course for the weakest earnings in 11 years and underscoring its struggle to turn the page after former Chairman Carlos Ghosn was ousted. Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, May 14, 2019.… Continue reading UPDATE 3-Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh

Nissan flags weakest profit in 11 years, Ghosn woes, bleak sales weigh

YOKOHAMA (Reuters) – Nissan Motor Co forecast a 28% plunge in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn. Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, May 14, 2019.… Continue reading Nissan flags weakest profit in 11 years, Ghosn woes, bleak sales weigh

Nissan flags weakest profit in more than a decade as Ghosn woes weigh

FILE PHOTO: A Nissan logo is pictured during the media day for the Shanghai auto show in Shanghai, China, April 16, 2019. REUTERS/Aly Song/File Photo YOKOHAMA (Reuters) – Nissan Motor Co flagged its weakest annual profit in more than a decade on Tuesday, forecasting a 28% drop in earnings, as Japan’s second-largest automaker struggles to… Continue reading Nissan flags weakest profit in more than a decade as Ghosn woes weigh