Japan's Nidec betting on electric cars and acquisitions to triple sales: sources
Nidec Corp. plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, according to two people familiar with the matter. The world's leading maker of precision motors and a supplier of ...
Why Sony has developed an electric vehicle
Sony's Vision-S electric car project may be a harbinger of its true comeback.
Are EVs really as climate-friendly and effective as their promoters claim?
Ford-VW alliance over electric vehicles seen upping pressure on other carmakers
A broader alliance expected between Ford Motor Co. and Volkswagen AG has the potential to transform the global automotive industry and increase pressure on other carmakers in areas including electric and autonomous vehicles, analysts said. If VW agrees to allow Ford to license its electric-vehicle ...
Honda ponders plan to let Indian companies test e-cycles amid state-backed EV push
Honda Motor Co. might undertake a project to let businesses in India test ride its electric motorcycles on a trial basis next year as the government pushes eco-friendly mobility to address worsening air pollution. “We are planning to implement an electric two-wheeler trial program in ...
The real reason you're not driving an electric car
The slow pace of battery technology advancement means the core component of an EV is still too expensive.
Germany's car industry is to invest nearly €60 billion ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show. "We will invest over €40 billion in electric ...
Toyota and Panasonic to launch joint venture to make electric vehicle batteries by end of 2020
Toyota Motor Corp. and electronics giant Panasonic Corp. said Tuesday they will jointly establish a new company to make batteries for automobiles, including electric vehicles, by the end of 2020. With the joint venture, the firms aim to counter Chinese and other foreign rivals. Toyota ...
Toyota, Honda and Panasonic consider joint venture to procure cobalt for electric vehicles
Japan's major auto and battery manufacturers, including Toyota Motor Corp., Honda Motor Co. and Panasonic Corp., are considering joint procurement of cobalt, an essential resource for batteries that power electric vehicles, sources said Tuesday. The envisioned joint venture is likely to be set up in ...
With strong China focus, VW spearheads $300 billion global drive to make all cars electric
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition away from fossil fuels and shifting power to Asian suppliers ...
Tesla shares tank on price cut, disappointing Model 3 deliveries
Shares in Tesla Inc. dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for all its vehicles to offset lower green tax credits, while falling short on quarterly deliveries of its mass-market ...
Trump aide Larry Kudlow calls for end of electric vehicle subsidies created by Congress
President Trump's top economic adviser on Monday said the White House wants to end subsidies for electric vehicle purchases, without saying how it would eliminate the incentives that were created by Congress. Larry Kudlow, director of the White House National Economic Council, told reporters that ...
