Business Oct 23, 2020
Why building an electric car is so expensive, for now
by David Stringer and Kyunghee Park
Carmakers are aiming to find new savings on technology, most critically the batteries that can make up a third of a vehicle’s cost.
Business Oct 16, 2020
Mitsubishi Motors and Thai government firm to develop EV-to-home power supply
Mitsubishi Motors Corp. has agreed with Thailand's national power generator to cooperate in developing a system that would enable electric vehicles to power homes in case of blackouts and for other purposes. The automaker's local arm, Mitsubishi Motors (Thailand) Co., signed a memorandum of understanding ...
Business Oct 15, 2020
Renault bolsters electric lineup after squandering sales lead
Renault SA’s promotional blitz for its growing electric lineup may be too late for the maker of Europe’s best-selling EV to stay atop the region’s expanding market for battery-powered cars. The French manufacturer and its partner Nissan Motor Co. have long enjoyed a first-mover advantage ...
Business / Corporate Oct 6, 2020
Toyota and Nissan ask U.K. to cover tariffs if no FTA made with EU
The demand from the automakers can also be seen as an effort to pressure the government, struggling to reach a deal with the European Union, to try harder.
Business / Corporate Oct 6, 2020
Toyota adds to hydrogen bet with North American fuel cell truck
by Ed Ludlow
The automaker did not provide a timeline for beginning sales of the Class 8 truck but said it would debut a prototype in the first half of 2021.
Business / Corporate | Regional voices: Chubu Oct 4, 2020
How Japanese auto parts makers made masks and beds during coronavirus outbreak
Companies repurposed factory space and gave staff new duties to keep themselves and medical facilities stocked.
Business / Economy Sep 30, 2020
Japan's August industrial output up 1.7% for third straight monthly rise
Manufacturers of iron, steel and nonferrous metals advanced 6.5 percent, while makers of electronic parts and devices saw a 4.6 percent rise.
Business / Corporate Sep 29, 2020
Pandemic keeps hurting global output at Toyota, Honda and Nissan
While production is still down, the rate of decline has slowed for some of the automakers, however.
Business Sep 28, 2020
Tesla's $25,000 car doesn't worry its biggest rivals in China
"We are very happy Tesla came to China because Tesla is just like Apple in the early days, they educate the whole market," said WM Motor Co. CEO Freeman Shen.
Business / Corporate Sep 27, 2020
Nissan eyes return to profit in 2021 on back of resurgence in China
by Emma O'Brien and Shiho Takezawa
The company, which in May reported its first fiscal year loss in a decade, is forecasting a strong recovery in the Chinese market by year-end.
Business / Corporate Sep 26, 2020
Mitsubishi Motors eyes early retirement for up to 600 amid slump
Mitsubishi Motors Corp. is considering seeking the early retirement of 500 to 600 workers starting in mid-November as part of the automaker's restructuring plan due to a sales slump amid the coronavirus pandemic, sources close to the matter said Friday. Under its midterm business plan ...