Nissan releases update of Ariya electric crossover testing ahead of production

Nissan has released an update with new footage of the Ariya electric crossover test program ahead of the start of production later this year. After taking an early leadership role with electric vehicles through the Leaf, Nissan sat on its laurels and waited a decade to release a second passenger electric car. But it’s finally… Continue reading Nissan releases update of Ariya electric crossover testing ahead of production

April Fools Day 2021: the car industry’s best and worst jokes

In what has become a tradition for the car industry, April Fools’ Day has been marked with a wave of fake news stories. The gags are usually harmless fun and do well to lighten the mood, which is no bad thing in the midst of a global pandemic. However, as you may already have read, a… Continue reading April Fools Day 2021: the car industry’s best and worst jokes

Biden aims to juice EV sales, but would his plan work?

David Kirsch, a professor of strategy and entrepreneurship at the University of Maryland, said the Biden plan isn’t really a tipping point that will turn consumers from combustion to electric vehicles. DETROIT: Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck… Continue reading Biden aims to juice EV sales, but would his plan work?

Toyota and Nissan plan production cut from Renesas fire

TOKYO — With chipmaker Renesas Electronics not expected to achieve a full recovery from its recent factory fire until mid-July, Japan’s largest automakers have begun bracing for long-term disruptions and potential production cuts. The fire follows other incidents that have sapped global supplies of automotive chips. Nomura Securities estimates disruptions from the Japanese chipmaker alone could dent global auto production… Continue reading Toyota and Nissan plan production cut from Renesas fire

Stellantis will combine hydrogen and electricity for its vans

After Renault, Stellantis is also launching into hydrogen utility vehicles. The group born at the beginning of the year from the merger of PSA and Fiat Chrysler announced Wednesday that it would market by the end of 2021 Opel Vivaro vans equipped with a dual power supply: a fuel cell and fuel tanks. hydrogen to… Continue reading Stellantis will combine hydrogen and electricity for its vans

Car makers open to higher CO2 targets, if there is matching infrastructure ramp-up across the EU

Brussels, 31 March 2021 – The EU automobile industry is open to higher CO2 reduction targets for cars in 2030, provided that they are directly linked to binding commitments from member states to roll out the required charging points and hydrogen stations. CEOs of Europe’s leading car makers agreed this during a recent Board meeting… Continue reading Car makers open to higher CO2 targets, if there is matching infrastructure ramp-up across the EU

Renesas says full chip recovery after fire could take four months

TOKYO — Japanese chipmaker Renesas Electronics expects a fire-damaged semiconductor plant to take up to four months to fully recover, leaving some of the country’s biggest carmakers concerned over dwindling supplies of key components. “It is expected to take a little more than 100 days before full-capacity production is restored,” Hidetoshi Shibata, Renesas’ president and CEO, told an online briefing with journalists and analysts… Continue reading Renesas says full chip recovery after fire could take four months

Tokyo prosecutors charge American men accused of aiding Ghosn escape -report – Yahoo Finance

Bloomberg Big Oil’s Secret World of Trading (Bloomberg Markets) — It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike had watched helplessly for months as the commodity that was their lifeblood tumbled to prices… Continue reading Tokyo prosecutors charge American men accused of aiding Ghosn escape -report – Yahoo Finance

Rivian and Lucid Motors sued by Illinois automotive dealers

In a lawsuit filed in Cook County Court, Illinois, Rivian and Lucid Motors are being sued for their direct-to-consumer business model. The suit also lists Illinois secretary of state Jesse White as a defendant. It claims his office “has abandoned its enforcement role.” The 70-page lawsuit was filed by the Illinois Automobile Dealers Association, Chicago… Continue reading Rivian and Lucid Motors sued by Illinois automotive dealers

Nissan cancels production at Smyrna, Canton plants for April 1st, 5th

By Reuters Staff 1 Min Read FILE PHOTO: Nissan Motor’s logo is displayed during a press preview for the company’s new Ariya all-battery SUV at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo (Reuters) – Nissan Motor Co Ltd canceled all production at its assembly plants at Smyrna, Tennessee,… Continue reading Nissan cancels production at Smyrna, Canton plants for April 1st, 5th