TOKYO (Reuters) – Renault SA (RENA.PA) absorbing Nissan Motor Co. (7201.T) and Mitsubishi Motors Corp (7211.T) is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, responds to a question on… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
Tag: Mitsubishi
UPS Places Order for 950 Workhorse Electric Delivery Trucks
Shipping giant UPS said it will buy 950 electric delivery trucks from Workhorse Group in what looks to be a key order for the electric vehicle startup. This tops an earlier UPS order for 50 of the trucks that was part of a test program. Workhorse describes the vehicles as Class 5 N-Gen electric vans.… Continue reading UPS Places Order for 950 Workhorse Electric Delivery Trucks
Japan Backs Solid-State Battery Efforts With $90 Million In Funds
2 H BY MARK KANE Japan’s New Energy and Industrial Technology Development Organization (NEDO) is trying to leverage research on solid-state batteries for electric cars. The organization allocates 10 ¥10-billion ($90 million) for the research to be conducted by 23 automobile, battery, and material manufacturers as well as 15 universities / public research institutes. Participants… Continue reading Japan Backs Solid-State Battery Efforts With $90 Million In Funds
Nissan to use ultrastrong, high-formability steel in more new vehicles
World-first innovation can help lower emissions and improve performance by reducing vehicle weight YOKOHAMA, Japan (June 18, 2018) – Nissan Motor Co., Ltd. will build more models using a new type of steel that combines high tensile strength with a previously unachievable degree of formability, resulting in lighter vehicles that can help lower emissions while… Continue reading Nissan to use ultrastrong, high-formability steel in more new vehicles
Smart Grid Will Allow 170 UPS Electric Trucks To Charge Without Costly Upgrades
UPS’s London fleet of electric delivery vans increased from 65 to 170 without an expensive upgrade to the power supply grid. UPS – Electric package car Because simultaneous charging of so many vehicles exceeds the site’s capabilities, UPS decided for a smart grid management (sounds like delayed charging to us) combined with an energy storage… Continue reading Smart Grid Will Allow 170 UPS Electric Trucks To Charge Without Costly Upgrades
Renault-Ghosn, renouvelé pour 4 ans, sauve son salaire de 2017
publié le 16/06/2018 à 17h44 Crédit photo © Reuters par Gilles Guillaume et Laurence Frost PARIS (Reuters) – Les actionnaires de Renault ont approuvé vendredi à une courte majorité la rémunération de 7,4 millions d’euros du PDG Carlos Ghosn au titre de l’année 2017, évitant de justesse une crise à la tête du groupe automobile alors… Continue reading Renault-Ghosn, renouvelé pour 4 ans, sauve son salaire de 2017
Renault invests one billion euros in electricity in France
Renault chooses France as the industrial base for its electric vehicles: the manufacturer announced Thursday important investments in its hexagonal plants, representing a total of one billion euros by 2022. An amount that will be added to the 500 million announced end of 2016, for the modernization of French factories, between 2017 and the end… Continue reading Renault invests one billion euros in electricity in France
Carlos Ghosn could leave his post before 2022
A mission approaching its end. Carlos Ghosn told reporters from the Financial Times (FT) that he did not intend to spend “four more years” at the helm of Renault. The French businessman, at the head of the French car manufacturer since 2005, renewed his contract last February Thierry Bolloré was then named number 2 of… Continue reading Carlos Ghosn could leave his post before 2022
Renault – Nissan – Mitsubishi increase annual synergies to €5.7 billion
Renault – Nissan – Mitsubishi today reported a 14% increase in annualized synergies to €5.7 billion, up from €5 billion in 2016, as members of the world’s largest automotive alliance benefited from growing cost savings, incremental revenues and cost avoidance.
Nissan: Nissan Canton plant celebrates 15 years
CANTON, Miss. – Fifteen years ago, Nissan saw an opportunity to bring a new industry rich with opportunity to Mississippi. The result? We’ve transformed Mississippi into a hub for world-class automotive manufacturing, creating more than 6,500 jobs for team members and more than 25,000 direct and indirect jobs statewide. The hard work of team members… Continue reading Nissan: Nissan Canton plant celebrates 15 years