Envision AESC, the Japan-headquartered global battery cell supplier, is the lead contender amongst a multitude of potential partners, including LG Chem, CATL and FinDreams, that the Tata Group has explored as part of its ‘Project Apollo’ over the past year. Autocar Professional learns the new battery venture is likely to be steered by Tom Flack,… Continue reading Exclusive: Envision AESC likely to be global battery supplier for Tata Group
Tag: Nissan
New products, technologies shine at Harbin auto show
The booth for Dongfeng Nissan’s Venucia is seen at the 26th Harbin International Automobile Exhibition in this photo taken on Aug 1, 2023. [Photo/VCG] The 26th Harbin International Automobile Exhibition, with an exhibition area of 125,000 square meters, has kicked off in Harbin, Northeast China’s Heilongjiang province on Aug 1, 2023. With 336 automobile enterprises… Continue reading New products, technologies shine at Harbin auto show
Electric Sports Utility Vehicle (e-SUV) Market to grow by USD 83,748.62 million from 2022 to 2027| 33% of the market growth to originate from APAC – Technavio
NEW YORK, Aug. 3, 2023 /PRNewswire/ — The electric sports utility vehicle (e-SUV) market size is expected to grow by USD 83,748.62 million during 2022-2027, progressing at a CAGR of 25.19% as per the latest Technavio market research report. APAC will account for 33% of the market’s overall growth. China and India are the major contributing countries to the regional… Continue reading Electric Sports Utility Vehicle (e-SUV) Market to grow by USD 83,748.62 million from 2022 to 2027| 33% of the market growth to originate from APAC – Technavio
Matthew Tickell runs expansion of automotive adtech company Cartelux into the United States
– Cartelux software is changing the way how brands and dealers communicate with customers ORANGE COUNTY, Calif., Aug. 3, 2023 /PRNewswire/ — Cartelux, the Australian adtech software company is proud to announce the expansion of its business into the United States, Canada and Latin America. The company operates the most easy-to-use platform to create, amplify… Continue reading Matthew Tickell runs expansion of automotive adtech company Cartelux into the United States
EV Rivals Join Dominant Tesla Supercharger Network
Tesla forced slumbering automakers to get into the electric game. Now, in an ultimate twist on “If you can’t beat ’em, join ’em,” Tesla is backing them into joining its dominant public charging network in America. In a stunning repudiation of the Combined Charging System (CCS) network—whose scattershot reliability has rankled EV owners or left… Continue reading EV Rivals Join Dominant Tesla Supercharger Network
@niche: Workhorse Group Expands California Presence, Adding Western Truck Exchange as its Latest Certified Dealer002857
Workhorse Group, Inc. CINCINNATI, Aug. 02, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced it has engaged Western Truck Exchange (“WTE”) as its latest certified electric vehicle (“EV”) dealer, expanding its existing California presence… Continue reading @niche: Workhorse Group Expands California Presence, Adding Western Truck Exchange as its Latest Certified Dealer002857
Mitsubishi UFJ increases stake in US Bancorp for $936m
Mitsubishi UFJ Financial Group (MUFG) said on Thursday it would invest $936 million in US Bancorp—a move that will help the U.S. regional bank pay back some of the debt it owes the Japanese lender. In return, MUFG’s stake in the fifth largest U.S. bank will rise to 4.4% from 2.9%. MUFG sold its U.S.… Continue reading Mitsubishi UFJ increases stake in US Bancorp for $936m
@Nissan: Nissan ARIYA and TITAN lead their segments as ‘Most Appealing’ models in J.D. Power 2023 U.S. APEAL Study001140
August 3, 2023 NASHVILLE, Tenn. – Nissan’s commitment to offering thrilling vehicles that delight owners has been recognized with awards for both Nissan ARIYA and TITAN in the J.D. Power 2023 U.S. Automotive Performance, Execution and Layout (APEAL) Study. Nissan ARIYA tied for highest driver satisfaction in the compact SUV category – the all-electric model’s… Continue reading @Nissan: Nissan ARIYA and TITAN lead their segments as ‘Most Appealing’ models in J.D. Power 2023 U.S. APEAL Study001140
Group 1 Automotive Board Approves Increase to Share Repurchase Authorization & Declares Quarterly Dividend
HOUSTON, Aug. 2, 2023 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company’s common stock repurchase authorization by $153.7 million to $250.0 million, and also declared a quarterly… Continue reading Group 1 Automotive Board Approves Increase to Share Repurchase Authorization & Declares Quarterly Dividend
EV boom threatens supply of lifesaving medicine in Japan
TOKYO — The global electric vehicle boom threatens to exacerbate shortages of cheap but lifesaving drugs in Japan as soaring demand for EV battery materials like lithium pushes prices of key ingredients higher. Japan’s Mitsubishi Tanabe Pharma plans to end production and sales of lithium carbonate tablets, used for treating manic episodes of bipolar disorder, due… Continue reading EV boom threatens supply of lifesaving medicine in Japan