Tag - electric

 
 

ELECTRIC

GMC Hummer electric vehicles on the production line at General Motors' Factory ZERO all-electric vehicle assembly plant in Detroit, Michigan, on Nov. 17.
BUSINESS / Companies
Nov 30, 2023
GM commits billions to shareholder returns as EV push stalls
"We have confidence in the cash generation of this company”
Honda will invest ¥500 billion in its electric motorcycle business by 2030.
BUSINESS / Companies
Nov 30, 2023
Honda to invest $3.4 billion in electric motorcycles by 2030
The company plans to introduce 30 new electric motorcycle models worldwide by the same year.
Sodium — found in rock salts and brines around the globe — has the potential to make inroads into energy storage and electric vehicles because it’s cheaper and far more abundant than lithium.
BUSINESS / Tech
Nov 27, 2023
Salt in batteries: Shift may herald another shakeup
Sodium has the potential to make inroads into energy storage and electric vehicles because it’s cheaper and far more abundant than lithium.
A worker inside the Envision battery manufacturing plant at Nissan's Sunderland factory in Britain in July 2021.
BUSINESS / Companies
Nov 24, 2023
Nissan to invest $1.4 billion to build two new EV models in Britain
Plans for electric versions of crossover models will require an investment of up to £2 billion in a third battery plant and infrastructure projects.
Lukasz Krupski, a service technician for Tesla in Norway who says he was fired after expressing safety concerns, in Drammen, Norway, on Nov. 6
BUSINESS / Companies
Nov 15, 2023
Man vs. Musk: A whistleblower creates headaches for Tesla
An employee who was fired after expressing safety concerns leaked personnel records and sensitive data about driver-assistance software.
A Komatsu dump truck at the Oyu Tolgoi copper-gold mine in Khanbogd, the South Gobi desert, Mongolia
BUSINESS / Tech
Nov 14, 2023
China tightens grip on copper, key to world’s energy transition
China’s copper smelting capacity will increase by another 45% by 2027
BUSINESS / Companies
Nov 13, 2023
E-scooter startup wins over Japanese regulators who confounded Uber
Tokyo-based Luup controls more than 90% of the country’s shared e-scooter market in terms of ride mileage, based on government-compiled data.
Indonesian President Joko Widodo walks with U.S. President Joe Biden on the sidelines of the G20 summit in Denpasar, Bali, Indonesia, on Nov. 16, 2022.
BUSINESS
Nov 13, 2023
U.S. and Indonesia to discuss potential EV mineral deal: sources
Indonesia, which has the world's biggest nickel ore reserves, in September asked the U.S. to begin discussions for a trade deal for critical minerals.
Toshihiro Mibe, president and chief executive officer of Honda at the Japan Mobility Show, in Tokyo in October
BUSINESS / Companies
Nov 12, 2023
Booming profits bolster Japan automakers’ cautious EV shift
The Japanese auto sector is on track this year to exceed its peak operating profit of around ¥5.4 trillion in fiscal 2015.
Honda raised its full-year net profit forecast to ¥930 billion.
BUSINESS / Companies
Nov 9, 2023
Honda and Nissan hike full-year forecasts
The car giants, however, also pointed out that fierce price competition in China was posing a challenge for Japanese automakers.
While Toyota has avoided the kind of hit other Japanese automakers have taken in China from a shift to electric vehicles and the rise of domestic brands, it still faces pressure in the world's biggest auto market.
BUSINESS / Companies
Nov 7, 2023
Toyota extends output cut at Chinese JV to ease dealer pressure
The automaker has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition.
China's dominance in the electric vehicle market has prompted the European Union to take action regarding economic security.
COMMENTARY / World / Geoeconomic Briefing
Nov 7, 2023
How electric vehicles became subject to EU economic security
The bloc has felt the pressure from China in the EV market, leading it to take steps to better protect vehicles, batteries and materials.
 Tesla Model 3 vehicles at the company's factory in Shanghai in January 2020
BUSINESS
Nov 5, 2023
Cooling EV sales have Tesla, GM and Ford rethinking investments
While the battery-powered vehicle market is still expanding, the pace of growth has slowed considerably.
A man herds yaks during in the Tibet Autonomous Region. Beijing has begun to  exploit vast deposits of Lithium on the Tibetan plateau — around 85% of the country's total reserves.
ENVIRONMENT / Energy
Nov 2, 2023
China lithium boom harming fragile Tibetan plateau: report
The world's biggest EV market largely relied on other countries for the lithium needed in batteries — but that is changing.
Toyota President Koji Sato speaks  next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
Toyota raises profit forecast 50% on weak yen, record sales
With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
The interior of a Toyota Global HiAce electric vehicle concept on display during the Japan Mobility Show in Tokyo on Oct. 26
BUSINESS / Companies
Nov 1, 2023
Toyota to invest $8 billion more in U.S. battery plant for EVs
The auto giant has quietly laid the groundwork for a more robust EV strategy in the U.S. even as sales of its hybrid gas-electric models are surging.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023
Tesla’s latest disruption in carmaking draws followers in Japan
Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.
Great Wall Motor's Ora Good Cat electric vehicles are charged at the company's charging station at Siam Square in Bangkok
BUSINESS / Economy
Oct 27, 2023
Thailand bets on EVs to draw trillion baht in investment
The country has set up a "special operation” center to catch what its investment board head calls the "big fish” of the EV industry.
JAPAN / FOCUS
Oct 26, 2023
Violations of electric kick scooter rules on rise in Japan
Cases of violation in Tokyo for which the police took action came to 1,811 in the July-September period.
SkyDrive displays its eVTOL flying car at the Japan Mobility Show in Tokyo.
BUSINESS / Companies
Oct 25, 2023
Japan’s largest auto show returns with focus on mobility
The organizer has renamed the event for the first time since 1964, with the Japan Mobility Show replacing the Tokyo Motor Show.

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