Friday, 9 May 2025

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FILE PHOTO: The logo of Nissan is seen on a car ahead of a news conference at Nissan's Sunderland plant in Sunderland, Britain, July 1, 2021. REUTERS/Phil Noble/File Photo
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Japan’s Nissan, Honda to jointly research software, start talks with Mitsubishi

Japanese automakers Nissan Motor and Honda Motor agreed to conduct joint research into technologies for a next-gen software platform

Toyota aims to sell 1.5 million pure electric vehicles annually by 2026 and 3.5 million by 2030 (GETTY IMAGES NORTH AMERICA)
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Weak yen helps Toyota compensate for Japan issues and EV woes

Toyota profits see modest rise despite certification issues in Japan and concerns over China gaining market share for EVs.

FILE PHOTO: The logo of Nissan is seen on a car ahead of a news conference at Nissan's Sunderland plant in Sunderland, Britain, July 1, 2021. REUTERS/Phil Noble/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Nissan cuts output at top Japanese plant, sources say

Nissan cut planned production by a third at its top Japanese plant this month, hit by slow EV demand and lack of hybrid...

General view of the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
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Thailand to offer investment incentives for makers of hybrid vehicles

Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday

Nissan described its quarterly results as 'challenging' (AFP)
AutomotiveBusinessNewsTransport

Nissan shares plunge after profit warning

Japanese car giant's struggles in Chinese EV market see Nissan profits fall with shares following suit.

FILE PHOTO: Visitors stand near the Honda booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
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Honda to cut ICE car production capacity in China, Nikkei reports

Honda will close three of its seven production lines in China, reducing its annual ICE vehicle capacity to 1 million from 1.49 million.

A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

U.S. new light vehicle sales to rise about 1% in July: report

The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
AutomotiveElectric Vehicles (EVs)IndustryManufacturingNewsTransport

LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe

South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said

FILE PHOTO: A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS/Johanna Geron/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Toyota joins group of automakers to help build EV charging network

Joint venture between multiple car makers to provide powerful US EV charging network signs up Toyota as latest investor.

FILE PHOTO: The BYD logos are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s BYD acquires 20% stake in Thai dealer Rever Automotive

The Shenzhen-based automaker has opened its first Southeast Asia factory in Thailand, and will have an annual capacity of 150,000 vehicles.

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