Tag - electric

 
 

ELECTRIC

The industry ministry plans to provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors.
BUSINESS / Companies
Nov 29, 2024
Denso and Fuji Electric to get government aid for power chips
Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers.
Nobuo Hara, the head of a group seeking to halt the No. 2 reactor at Tohoku Electric Power's Onagawa nuclear power plant, speaks at a news conference on Wednesday in Sendai after the Sendai High Court ruled against them.
JAPAN
Nov 28, 2024
Court rejects request to halt restarted Onagawa nuclear reactor
A judge said there was "no concrete proof" that an incident that could not be handled under an established evacuation plan would occur.
Dai Nippon Printing said that Elliott Investment Management looks to have substantially reduced its position in the company.
BUSINESS / Companies
Nov 25, 2024
Dai Nippon Printing says Elliott has sold most of its stake
Elliott has been active in Japan this year, investing in Tokyo Gas, Sumitomo, SoftBank Group and Mitsui Fudosan.
The Keikyu Line in Yokohama
BUSINESS / Companies
Nov 25, 2024
Japan’s rail stocks soar on Keisei Electric activist stake news
Keisei’s stock jumped over 18%, its sharpest intraday rise since October 2008, with Keikyu climbing more than 16%.
The Northvolt facility in Skelleftea, Sweden.
BUSINESS / Companies
Nov 23, 2024
Northvolt crisis may be make or break for Europe's EV battery ambitions
Europe's biggest hope for an electric vehicle battery champion filed for bankruptcy protection on Thursday after talks for funding failed.
A mockup of a Northvolt battery at a factory in Skelleftea, northern Sweden. Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a company struggling to stay afloat.
BUSINESS / Companies
Nov 22, 2024
Northvolt files for bankruptcy in blow to Europe's EV ambitions
The firm said it has only enough cash to support operations for about a week.
A Honda electric vehicle at the Beijing International Automotive Exhibition in April. Honda is investing ¥43 billion ($277 million) in an all-solid-state battery production line in Tochigi Prefecture.
BUSINESS / Tech
Nov 21, 2024
Honda hopes to double EV driving range with solid-state batteries
Such batteries will replace liquid-state lithium-ion batteries currently in use, Honda R&D chief Keiji Otsu says.
Nissan has warned that missing a British government target on electric vehicles would lead to significant fines for manufacturers.
BUSINESS / Companies
Nov 21, 2024
Nissan urges U.K. to ease EV targets amid weak demand
A British mandate requires at least 22% of an automaker's new car sales in 2024 to be purely EVs, or they face hefty fines.
A Xiaomi SU7 electric vehicle on display at one of the company's stores in Shanghai on April 2
BUSINESS / Tech
Nov 18, 2024
China EV makers bet on self-driving models to fend off Tesla
Chinese electric car manufacturers say their advanced driving-assistance services — which can navigate highways or busy city streets — are coming very soon.
The Onagawa nuclear power plant in Miyagi Prefecture. Tohoku Electric expects to resume power generation using the reactor within this week and says no changes will be made to its plan to restart commercial operation next month.
JAPAN
Nov 13, 2024
Onagawa nuclear reactor in northeastern Japan restarted after issue
Tohoku Electric Power expects to resume power generation using the reactor within this week.
Fuel loading operations at the Shimane nuclear power plant's No. 2 reactor on Nov.1
JAPAN
Nov 12, 2024
Boiling water reactor at Shimane nuclear plant to be restarted in early December
The restart of the boiling water reactor will be the second of such units since reactors of the same type were crippled in the March 2011 nuclear accident.
A Toyota Motor Lexus LF-ZC electric concept vehicle at the Beijing Auto Show in April
BUSINESS
Nov 11, 2024
Toyota aims to ramp up China production in a strategy pivot
The plan represents a strategic pivot by the world's top selling automaker in the world's largest car market.
Toyota North America COO Jack Hollis said sales of all-electric vehicle should grow organically, without rules penalizing gas-powered car sales.
BUSINESS / Companies
Nov 11, 2024
Toyota executive lashes out at U.S. regulations promoting EV sales
The carmaker's North America COO, Jack Hollis, described them as "de facto mandates” out of sync with consumer demand.
Nissan sees its operating income plunging to just ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
BUSINESS / Companies
Nov 7, 2024
Nissan cuts outlook and announces restructuring with 9,000 job cuts
The firm sees its operating income plunging to ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
U.S. President Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House in Washington on Jan. 24, 2017.
BUSINESS / Markets
Nov 7, 2024
From oil to EVs, here’s how Trump’s victory affects energy
The prospect of a Trump-era pullback from some policies promoting emission-free energy has already helped spark a slide in shares of renewable power firms.
Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024
Toyota keeps profit outlook despite weakness in Japan and China
The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
The e Vitara is Suzuki's global strategic EV model, which will also be supplied to leading Japanese automaker Toyota Motor.
BUSINESS / Companies
Nov 5, 2024
Suzuki unveils first mass-market electric vehicle
The model, the e Vitara SUV, will be launched in Japan, Europe and India starting around the summer of 2025.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024
Toyota to post first profit drop in 2 years as demand cools after big run
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
Tohoku Electric Power officials explain on Sunday in Sendai a problem that occurred at the No. 2 reactor of the Onagawa nuclear power plant in Miyagi Prefecture.
JAPAN
Nov 4, 2024
Onagawa No. 2 reactor halted due to measuring instrument problem
No radioactive material has leaked out, Tohoku Electric Power said.

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Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan