Nissan debuts open-air version of the new Nissan LEAF

Nissan debuted the Nissan LEAF Open Car, an open-air version of the new Nissan LEAF electric car, in Tokyo today. TOKYO (May 25, 2018) – Nissan showed the Nissan LEAF Open Car, an open-air version of the new Nissan LEAF, in Tokyo today. The 100% electric car was displayed at a forum to celebrate the… Continue reading Nissan debuts open-air version of the new Nissan LEAF

Rivian Automotive Closes Financing Round of $200 Million

author: Eric Walz    Rivian Automotive, an automotive technology company developing electric SUVs and pickup trucks has secured $200 million of debt financing from Standard Chartered Bank, adding to the financing Rivian has already secured from other investors, including Sumitomo Corporation of Americas (SCOA). RJ Scaringe, Founder and Chief Executive Officer of Rivian, stated, “This latest… Continue reading Rivian Automotive Closes Financing Round of $200 Million

Carlos Ghosn on ‘Mobility Reimagined’ during STYT Bloomberg’s conference

Business and technology leaders share insights into the transformations poised to reshape the future PARIS – Bloomberg’s Sooner Than You Think (STYT) conference convenes business and technology leaders to share vital insights into the tech trends and transformations that are poised to reshape the future. During that event, Carlos Ghosn, Renault-Nissan-Mitsubishi chairman and chief executive… Continue reading Carlos Ghosn on ‘Mobility Reimagined’ during STYT Bloomberg’s conference

Israel’s defense expertise drives tech boom for autonomous cars

SHFAYIM, Israel (Reuters) – Technology that has helped Israel’s military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File… Continue reading Israel’s defense expertise drives tech boom for autonomous cars

New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups

May 22, 2018 The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has agreed five investments in four months totaling $50 million and will present another to its supervisory board next week, the fund’s head said. The alliance said in January it was setting up the fund with plans to invest as much as $1 billion over… Continue reading New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups

Nissan announces executive management changes

YOKOHAMA, Japan (May 18, 2018) – Nissan Motor Co., Ltd. today announced the following executive appointment, effective immediately. Hiroshi Karube, previously senior vice president, global controller (MC & global function), accounting, global asset management, is appointed chief financial officer. This follows the decision of the current CFO, Joseph Peter, to retire from the company. Karube… Continue reading Nissan announces executive management changes

Nissan ensures no merger with Renault is scheduled

This is the question that obsesses Japanese journalists. While presenting on Monday in Yokohama, the annual results of the manufacturer, Hiroto Saikawa, the CEO from Nissan, had to answer the interrogations of the reporters on the possible project of a merger of the Japanese group with the French Renault, with which it shares a delicate… Continue reading Nissan ensures no merger with Renault is scheduled

Nissan reports full-year results for fiscal year 2017

YOKOHAMA, Japan (May 14, 2018) – Nissan Motor Co., Ltd. today announced financial results for the 12-month period to March 31, 2018. For the first nine months of the fiscal year, the company faced significant costs associated with special items, inventory adjustments and negative pricing trends; however, a partial recovery was achieved due to solid… Continue reading Nissan reports full-year results for fiscal year 2017

Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.

May 11th, 2018 by Steve Hanley  Carlos Ghosn may not be as sexy as Elon Musk, but he knows a thing or two about building and selling automobiles, especially electric cars. Since China is ground zero for the electric car market at the moment, it was only appropriate that Ghosn was in Hong Kong last… Continue reading Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.

Renault manufactures in Seville the 28 million unit of its TL4 gearbox after 60 years of production

Posted 05/11/2018 12: 53: 58CET MADRID, May 11 (EUROPA PRESS) – The Renault car company has manufactured in its factory in Seville the 28 million unit of its TL4 six-speed manual gearbox, which began production in 1958, the company announced in a statement. The Seville factory is considered, according to the company, as a “strategic”… Continue reading Renault manufactures in Seville the 28 million unit of its TL4 gearbox after 60 years of production