Tag - electric-vehicles

 
 

ELECTRIC VEHICLES

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
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.
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.
A Mitsubishi Motors e-Evolution concept SUV on display at the Beijing International Automotive Exhibition in April 2018
BUSINESS / Companies
Oct 25, 2023
Mitsubishi Motors to exit China and invest in Renault's EV venture
The Japanese automaker halted production in China in March amid stiff competition with local brands.
Nissan Motor Sakura electric vehicles (left and center), and a Mitsubishi Motors eK X electric vehicle on display during their release ceremony at the Mitsubishi Motors Mizushima plant in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Oct 24, 2023
Japan's bestselling EV isn’t a Tesla but a $13,000 minicar
A jointly developed minicar sold as the Nissan Motors Sakura and Mitsubishi Motors eK X accounts for roughly half of all EV sales in Japan.
A used KIA electric car is seen for sale outside the showroom of a used car dealer in Manchester, Britain
BUSINESS / Tech
Oct 23, 2023
The battery test race to work out what used EVs are really worth
There used to be no way to measure battery health. But that is changing as firms rush to scale up EV battery tests — some of which take just minutes.
A Tesla Supercharger station in Concord, California.
BUSINESS / Companies
Oct 20, 2023
Toyota to adopt Tesla charger for North American EV models
The decision taken by Toyota could solidify Tesla's technology as a de facto standard for all-electric vehicles sold in the U.S.
Japan has doubled its target for the installation of electric vehicle charging outlets to 300,000 outlets by 2030.
BUSINESS / Economy
Oct 19, 2023
Industry ministry doubles target for EV charger installments
The aim is to accelerate installments so that Japan can achieve its target of having electrified vehicles account for 100% of its new car sales by 2035.
Japanese and Canadian government officials sign a memorandum of cooperation in Ottawa on Sept. 21 to strengthen electric vehicle batteries supply chains.
BUSINESS
Oct 15, 2023
Envoy urges Japan investment in EV battery project with Canada
Ottawa is calling on more Japanese companies to invest in the Canadian development of critical minerals used in electric vehicle batteries.
Honda Motor CEO Toshihiro Mibe
BUSINESS / Companies
Oct 12, 2023
Honda and Mitsubishi Corp. sign pact to optimize EV battery use
The deal will eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.

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