Customers test “eActros”: Daimler plans to mass-produce electric trucks from 2021

All articles and backgrounds 02/21/2018 Customers test “eActros” Daimler plans to build electric trucks from 2021 onwards Daimler Mercedes-Benz eActros in action Daimler comes with the preparations for a series production of the 2016 featured heavy electric trucks Ahead. Ten customers this year will test ten of the intended for urban delivery traffic vehicle “eActros”… Continue reading Customers test “eActros”: Daimler plans to mass-produce electric trucks from 2021

Mitsubishi Corp considers raising stake in Mitsubishi Motors via tender offer

February 20, 2018 Trading house Mitsubishi Corp said on Tuesday it was considering raising its stake in Mitsubishi Motors via a tender offer, a deal that the Nikkei newspaper reported could be worth about $1.1 billion. Mitsubishi Corp said in a statement it was considering buying shares in the carmaker held by Mitsubishi Heavy Industries… Continue reading Mitsubishi Corp considers raising stake in Mitsubishi Motors via tender offer

Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’

The auto alliance between Renault, Nissan and Mitsubishi is probably the most advanced and profitable carmaker when it comes to producing electric cars, the company’s CEO told CNBC Friday. The alliance, which started work on electrification back in 2008, announced September that it is going to produce 12 new electric cars within the next five… Continue reading Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’

Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’

Several automakers have been open about their difficulty making money by selling electric cars, or in some cases they don’t even try to make a profit and instead focus solely on getting the ZEV credits. Carlos Ghosn, chairman of the Renault-Nissan-Mitsubishi alliance, claims that they are ahead of the game when it comes to making money… Continue reading Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’

Carlos Ghosn continues as Renault boss until 2022

Renault Group boss Carlos Ghosn has been tasked with making the Renault-Nissan-Mitsubishi Alliance “irreversible” by ensuring better integration, as the company’s board of directors decided to renew his position for another four years.  Implementing Renault’s ‘Drive the future’ mid-term plan will be Ghosn’s main focus, with that plan ending in the same year as Ghosn’s extended tenure comes… Continue reading Carlos Ghosn continues as Renault boss until 2022

DiDi & SoftBank for Platform

In Japan, the travel service provider and the IT specialist SoftBank want to launch a platform for taxi services. Recently had the Fahrdienstleister DiDi Chuxing announced a cooperation with the Renault-Nissan-Mitsubishi Alliance, now followed by another with the Japanese company Softbank, Taxis Japan. Source: didichuxing Together we want to offer a taxi platform on which… Continue reading DiDi & SoftBank for Platform

Didi Chuxing Launches Open Carsharing Platform

Photo courtesy of DiDi Didi Chuxing (DiDi) launched its carsharing platform, partnering with automakers, new energy transportation infrastructure operators, and after-sales service providers, to build an open new energy carsharing system for the future. The network of strategic partners now includes 12 top automakers including BAIC BJEV, BYD, Chang’an Automobile Group, Chery Automobile Group, Dongfeng… Continue reading Didi Chuxing Launches Open Carsharing Platform

Exclusive: Renault’s Mueller quits, clearing CEO succession path – sources

PARIS (Reuters) – Renault’s (RENA.PA) Chief Performance Officer Stefan Mueller is leaving the company, sources told Reuters on Friday – likely clearing the way for rival candidate Thierry Bollore to be named second-in-command and eventual successor to CEO Carlos Ghosn. Bollore, currently chief competitive officer, had been vying with Mueller for promotion in the succession… Continue reading Exclusive: Renault’s Mueller quits, clearing CEO succession path – sources

Nissan reports nine-month results for fiscal year 2017

YOKOHAMA, Japan (February 8, 2018) – Nissan Motor Co., Ltd. today announced financial results for the nine-month period to December 31, 2017. Nissan generated an operating profit of 364.2 billion yen on net revenues of 8.53 trillion yen, equivalent to an operating margin of 4.3%. During the period, the Group’s performance was adversely impacted by… Continue reading Nissan reports nine-month results for fiscal year 2017

Battery Startup Ionic Materials Gets $65M Jolt From Nissan & Others

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