February 7th, 2018 Big automakers are betting that solid-state battery technology from Massachusetts-based startup Ionic Materials could eventually challenge the standard lithium-ion batteries used in today’s electric vehicles. Woburn, MA-based Ionic announced Wednesday it secured $65 million in a Series C funding round. The investors include Alliance Ventures—a venture capital fund backed by carmakers Nissan,… Continue reading Battery Startup Ionic Materials Gets $65M Jolt From Nissan & Others
Tag: Mitsubishi
Renault-Nissan-Mitsubishi and DiDi Chuxing sign MOU to explore car-sharing partnership in China
World’s leading automotive alliance to explore future business opportunities with global transportation company Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced it has signed a memorandum of understanding with DiDi Chuxing (‘DiDi’), the leading Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of… Continue reading Renault-Nissan-Mitsubishi and DiDi Chuxing sign MOU to explore car-sharing partnership in China
China’s Didi Chuxing partners 12 automakers to build EV-sharing network
February 7, 2018 China’s Didi Chuxing is teaming up with 12 automakers including the Renault-Nissan-Mitsubishi alliance to build an electric-vehicle-sharing network in the world’s largest auto market. Didi, the dominant ride-hailing company in China, launched its car-sharing platform Wednesday, the Chinese startup said in a statement. China surpassed the U.S. as the top market for… Continue reading China’s Didi Chuxing partners 12 automakers to build EV-sharing network
Mitsubishi Motors Q3 profit jumps 19 fold to $865 mn
As part of the alliance that includes Nissan and Renault, Mitsubishi Motors is also targeting cost-savings of more than 100 billion yen over the next three years due to development and procurement efficiencies. TOKYO: Mitsubishi Motors Corp on Monday said its operating profit more than doubled during the third quarter as higher sales in Asia… Continue reading Mitsubishi Motors Q3 profit jumps 19 fold to $865 mn
Mitsubishi recalls 640K vehicles; belt can come loose
Mitsubishi says a flange that automatically adjusts the belt tension can crack, causing the belt to detach.
Mitsubishi issues recalls for loose sunroofs, brakes
Nearly 227K vehicles in the U.S. have been recalled to fix sunroofs that can fly off, parking brakes that may not work
An Autonomous Vehicle Project Sets Its Sights On a 200-Mile Test Drive in 2019
Go the Extra Mile Designing a self-driving car that can travel short distances is already an achievement in itself, but a new initiative aims to really put self-driving technology to the test in a long distance journey in the United Kingdom (UK). The HumanDrive Initiative, as it’s somewhat ironically called, plans to deploy an autonomous vehicle… Continue reading An Autonomous Vehicle Project Sets Its Sights On a 200-Mile Test Drive in 2019
Nissan: Renault-Nissan-Mitsubishi sells 10.6 million vehicles in 2017
Renault-Nissan-Mitsubishi, the world’s leading automotive Alliance, today announced that its member companies sold a combined total of 10,608,366 units in the 12 months to December 31, 2017.
Renault-Nissan-Mitsubishi sells 10.6 million vehicles in 2017
Renault-Nissan-Mitsubishi, the world’s leading automotive Alliance, today announced that its member companies sold a combined total of 10,608,366 units in the 12 months to December 31, 2017.
Nissan production, sales and exports for December 2017 and CY 2017
YOKOHAMA, Japan (Jan. 30, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for December 2017 and calendar year 2017. “2017 was our best-ever year for global sales and production,” said Executive Vice President Daniele Schillaci, global head of marketing and sales. “The Rogue series set an annual sales record in… Continue reading Nissan production, sales and exports for December 2017 and CY 2017