Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…

BEIJING, Aug 9 (Reuters) – France’s Renault SA (RENA.PA) is looking to revive business in China by forming a hybrid vehicle joint venture with Geely Holding Group (GEELY.UL), sources said, a year after it ended its previous operation in the world’s largest car market. According to two people familiar with the discussions and documents seen… Continue reading Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…

Peugeot, Ford and Jaguar dealers hardest hit in July new car sales

The SMMT new car sales figures for July reveal the winners and losers in the current market, with the supply chain hit by the shortage of semiconductors. In an overall market down 29.5%, MG Motor turned in a strong performance with registrations up 31% in July. Hyundai also performed strongly with registrations up 9.8%. At… Continue reading Peugeot, Ford and Jaguar dealers hardest hit in July new car sales

World NM: Battery life expected to put Nissan ahead, says top executive001430

As the automotive industry advances toward an all-electric era, driven by the goal of a sustainable, zero-emission future, carmakers are seeking to ensure vehicle batteries get a second life by being recycled, refurbished, and reused. With the technology currently available, several electric vehicle components have a limited lifespan, and the most important of them is… Continue reading World NM: Battery life expected to put Nissan ahead, says top executive001430

The downfall of Nissan’s Carlos Ghosn: An insider’s view

When Mr Ghosn arrived at Tokyo’s Haneda airport, however, he soon found himself under arrest. He was charged with financial crimes, including failing to report his true earnings. Prosecutors were acting on information provided by Nissan itself, much of it collated by Mr Ghosn’s own chief of staff Hari Nada. Go to Source

EnergyNissan’s battery partner to spend over $450 mln on new plant in Japan5:10 AM UTC

TOKYO, Aug 4 (Reuters) – Nissan Motor Co’s (7201.T) Chinese battery partner Envision AESC said on Wednesday it would spend 50 billion yen ($460 million) to build a new battery plant in Japan’s Ibaraki prefecture north of Tokyo. Over the long term, Envision could invest over 100 billion yen in the plant, which would start… Continue reading EnergyNissan’s battery partner to spend over $450 mln on new plant in Japan5:10 AM UTC

EV powertrains set to disrupt auto industry’s pecking order

TOKYO — Electric-vehicle makers including Hyundai Motor and Stellantis have begun to look beyond their own development teams for powertrain systems — the throbbing heart that makes EVs go — in a trend that could reshape decades-old automotive supply chains. EV powertrains, called e-axles, combine motors, gearboxes and other drive components into one system that plays a… Continue reading EV powertrains set to disrupt auto industry’s pecking order

Nidec Completes the Acquisitions of Stock, Etc. of Mitsubishi Heavy Industries Machine Tool Co., Ltd., and Announces an Outline of Its New Subsidiaries

KYOTO, Japan, Aug. 03, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has completed yesterday, with certain exceptions, the acquisitions of: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine… Continue reading Nidec Completes the Acquisitions of Stock, Etc. of Mitsubishi Heavy Industries Machine Tool Co., Ltd., and Announces an Outline of Its New Subsidiaries

Electrify America to phase out CHAdeMO charging from 2022

The charging standards war ended in 2020, when Nissan announced that it would abandon the CHAdeMO DC fast charging standard in favor of the competing CCS standard. The only plug-in vehicle on sale in the US that still uses CHAdeMO is the low-volume Mitsubishi Outlander PHEV. Of course, there are still substantial numbers of older… Continue reading Electrify America to phase out CHAdeMO charging from 2022

Hino and Isuzu race for electric trucks as Chinese rivals encroach

TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach