TOKYO — Mitsubishi Motors plans to stop developing car platforms for the Japanese market and instead use vehicle bases made by ally Nissan Motor beginning around 2026, Nikkei has learned, the latest indication of realignment in an industry that requires huge investments in technology. Mitsubishi aims to shift its research and development investment into electric vehicles and… Continue reading Mitsubishi to use Nissan-made platform for all Japan models
Tag: Mitsubishi
Automotive Rear Seat Infotainment Market to Record CAGR Worth 9%| Market Participants Including Garmin Ltd. And Panasonic Corp. to Emerge as Dominant Players| Technavio
Latest market research report titled Automotive Rear Seat Infotainment Market by End-user and Geography – Forecast and Analysis 2020-2024 has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years Key Market Dynamics: Market Driver Market Challenges The integration of smartphones and tablets with in-car infotainment and innovation in… Continue reading Automotive Rear Seat Infotainment Market to Record CAGR Worth 9%| Market Participants Including Garmin Ltd. And Panasonic Corp. to Emerge as Dominant Players| Technavio
Michael Perschke appointed CEO of Quantron AG
German company Quantron, a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses and vans, has appointed automotive manager and EV pioneer Michael Perschke as CEO and board member. This is in line to bring further international EV expertise on board on its way to becoming an independent manufacturer… Continue reading Michael Perschke appointed CEO of Quantron AG
Mitsubishi Motors to build new plant in Bangladesh
TOKYO — Mitsubishi Motors is set to build an auto assembly plant in Bangladesh as part of its expansion in Southeast Asia. Mitsubishi and state-owned Bangladesh Steel and Engineering Corporation (BSEC) on Thursday signed a memorandum of understanding. The two parties will conduct a feasibility study on business opportunities to determine when to build the plant.… Continue reading Mitsubishi Motors to build new plant in Bangladesh
Global Automotive Actuators Market to Reach $23.1 Billion by 2026
FACTS AT A GLANCE Edition: 4; Released: April 2021 Executive Pool: 603 Companies: 41 – Players covered include Aptiv PLC; BorgWarner, Inc.; Continental AG; Denso Corporation; Hitachi Ltd.; Johnson Electric Holdings Ltd.; Mitsubishi Electric Corporation; Nidec Corporation; Robert Bosch GmbH; Stoneridge, Inc.; Valeo SA; WABCO Holdings Inc. and Others. Coverage: All major geographies and key segments Segments: Vehicle Type (Passenger Cars, Light… Continue reading Global Automotive Actuators Market to Reach $23.1 Billion by 2026
@Daimler: Manish Thakore appointed as Chief Financial Officer (CFO) of Daimler India Commercial Vehicles (DICV)
Manish Thakore will succeed current CFO Leonardo Piccinini, be a key member of Executive Board Mr. Satyakam Arya, Managing Director, and CEO, Daimler India Commercial Vehicles: “We are pleased to welcome Manish Thakore to take up his new role at DICV. His entrepreneurial mindset, rich financial background and digital transformation experience makes him a perfect… Continue reading @Daimler: Manish Thakore appointed as Chief Financial Officer (CFO) of Daimler India Commercial Vehicles (DICV)
Mitsubishi Ranks Third Overall in J.D. Power 2021 Initial Quality Study
“The J.D. Power Initial Quality Study provides unparalleled insight into how new vehicle owners feel about their purchase in the critical first few months of ownership,” said Yoichi Yokozawa, president and CEO of Mitsubishi Motors North America, Inc. “We are thrilled to see that our vehicles deliver the quality and value that Mitsubishi Motors customers… Continue reading Mitsubishi Ranks Third Overall in J.D. Power 2021 Initial Quality Study
Counterbalance Forklift Trucks is predicted to Optimize Productivity & Ensuring Workplace Safety
With hefty investments on new industrial facilities and warehouse distribution centers in emerging countries, especially with the boom of the e-Commerce industry, forklift trucks are poised to become an integral part of intralogistics operations involving material handling activities. Various product advancements such as development of hydrogen-powered fuel cell forklift trucks are also leading to a… Continue reading Counterbalance Forklift Trucks is predicted to Optimize Productivity & Ensuring Workplace Safety
Japanese venture investor Coral Capital raises $128m for third fund
Tokyo-based venture capital firm Coral Capital, formerly known as 500 Startups Japan, announced that it has reached the final close of its latest venture fund at $128 million. The new fund – Coral Capital III – will continue to invest in seed and early-stage companies in Japan. The vehicle, which will have a longer life,… Continue reading Japanese venture investor Coral Capital raises $128m for third fund
Asia Digest: Korea’s Urbanbase bags $11.1m; Australia’s Relectrify raises funds …
Korea’s Urbanbase, which develops VR and AR tools used in interior planning and design, has raised $11.1 million of fresh funds, while Australia’s Relectrify has raised a growth investment round. Urbanbase bags Series B+ funding Seoul-based Urbanbase, which develops 3D spatial tools, has landed $11.1 million in a Series B+ funding round led by new investor… Continue reading Asia Digest: Korea’s Urbanbase bags $11.1m; Australia’s Relectrify raises funds …