Ex-Nissan executive found guilty of helping Carlos Ghosn commit financial crimes

Ex-Nissan executive found guilty of helping Carlos Ghosn commit financial crimes Tokyo court gives US citizen Greg Kelly, who was arrested in 2018, six-month suspended sentence for aiding the now-fugitive Ghosn Former Nissan executive Greg Kelly arrives at Tokyo district court on Thursday. He was given a six-month suspended sentence for helping Carlos Ghosn conceal… Continue reading Ex-Nissan executive found guilty of helping Carlos Ghosn commit financial crimes

CEAT rejigs focus on high-margin growth areas

CEAT’s Nagpur plant caters to the requirements of two-wheeler tyres Having scaled down its capex plans for this fiscal, CEAT is rejigging its focus to  high-margin products in domestic and overseas markets. The company’s leadership has identified passenger cars, two-wheelers, off-highway trucks (OHT) and exports as strategic areas with higher margins, and which will help reduce  the company’s… Continue reading CEAT rejigs focus on high-margin growth areas

Automotive: how the crisis has shaken up the ranking of manufacturers

Posted Feb 28 2022 at 6:58 amUpdated 28 Feb. 2022 at 7:04 Stellantis remained in sixth place in the Top 10 manufacturers worldwide, like last year. The group born of the merger between PSA and Fiat Chrysler, which has just published its volumes for 2021, announced consolidated sales of 5.9 million vehicles last year: a… Continue reading Automotive: how the crisis has shaken up the ranking of manufacturers

@Renault-Nissan-Mitsubishi: Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving

Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving Alliance Ventures’ 5 Innovation Territories Alliance Ventures focuses its strategic investments over 5 Innovation Territories which have been closely tracked since 2018: New Mobility Autonomous Driving Electric Vehicle, Cleantech & Energy Connected Servicess Enterprise 2.0 Our insights on the Autonomous Driving Innovation Ecosystem We… Continue reading @Renault-Nissan-Mitsubishi: Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving

@Renault-Nissan-Mitsubishi: Chinese driverless car company WeRide launches self-driving vans for deliveries

PORTFOLIO NEWS China-based autonomous driving startup WeRide announced in Summer 2021 that it will deepen joint development with Nissan of autonomous driving technology for the Chinese market. The announcement comes as the company raised $310 million to reach a valuation of $3.3 billion. Led by founder Tony Han, the company is developing Level 4 autonomous… Continue reading @Renault-Nissan-Mitsubishi: Chinese driverless car company WeRide launches self-driving vans for deliveries

Honda Cars’ new chief has his task cut out

Takuya Tsumura who takes over as President and CEO of Honda Cars India (HCIL) on 1 April 2022 is taking the helm of the Japanese brand at a time when it going through its toughest phase in India.  The car manufacturer which launched cars like the Civic Hybrid at the top end and the Brio… Continue reading Honda Cars’ new chief has his task cut out

Envoy Technologies launches first electric car share in Hawaii

HONOLULU, Feb. 24, 2022 /PRNewswire/ — Envoy Technologies announced the launch of its first electric car share in Hawaii in partnership with Kowa American powered by the Envoy Mobility app. The Nissan Leaf will be available to residents at Halekauwila Place Apartments located in Kaka’ako, a vibrant urban island community in Honolulu. Envoy’s Mobility as… Continue reading Envoy Technologies launches first electric car share in Hawaii

Last mile delivery e-bike supplier Zoomo tacks on $20M to Series B

Zoomo, an Australian startup that builds utility e-bikes for delivery workers, has raised an additional $20 million in equity to close out its Series B round. In November, the company raised $60 million in equity and debt for its Series B, which it used to fund further software development and more vehicles to expand. The… Continue reading Last mile delivery e-bike supplier Zoomo tacks on $20M to Series B

Fairytales Stellantis CEO Carlos Tavares Tells the World – CleanTechnica

This is a reaction to an interview with four influential European journals as previously reported on by Steve Hanley. Originally, the title of this article was “The Lies Stellantis CEO Carlos Tavares Told The Press,” but I changed it to “Fairytales Stellantis CEO Carlos Tavares Tells The World.” The change was because lies are deliberate… Continue reading Fairytales Stellantis CEO Carlos Tavares Tells the World – CleanTechnica