Tag - electric-vehicles

 
 

ELECTRIC VEHICLES

Subsidies in China turned the country into an electric vehicle giant but produced weed-infested graveyards of abandoned EVs.
BUSINESS / Tech
Dec 25, 2023
No one wants used EVs, making new ones a tougher sell too
In the $1.2 trillion secondhand market, prices for battery-powered cars are falling faster than for their combustion-engine cousins.
A 2023 Toyota Prius vehicle during an auto show in New York in April
BUSINESS / Companies
Dec 20, 2023
In the birthplace of Toyota’s Prius, hybrids now reign supreme
Japan’s biggest carmakers have only recently promised to roll out a wider slate of battery-only models in the next two to three years.
From left: Masashi Matsuyama, vice president of Nissan and president of Nissan (China) Investment, Takao Asami, senior vice president of Nissan, and Rika Kiritake, vice president of Nissan, hold a news conference at Tsinghua University in Beijing on Sunday.
BUSINESS / Companies
Dec 17, 2023
Nissan to export China-developed EVs to global markets
The firm is considering exporting internal combustion engine vehicles and upcoming electric cars manufactured and developed in China to overseas markets
A Hyundai Ioniq 5 electric vehicle charges at Chaevi Stay Charging Station in Seoul on Oct. 18
BUSINESS / Companies
Dec 12, 2023
South Korean auto-battery firms cautious on challenging China rivals
Feeding their worries is slowing growth in electric vehicle sales, price competition and the potential for changes in United States subsidies.
FACTEV shows that a Nissan Leaf electric car driven in Hokkaido will get between 106 kilometers and 212 kilometers per charge in its first year.
BUSINESS / Companies
Dec 12, 2023
Using big data to speed up Japan’s slow electric car transition
Gaming company DeNA has developed an EV simulation tool that can assess the lifespan and cruising range per charge of battery cars over time.
Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London.
BUSINESS / Companies
Dec 11, 2023
Fear of cheap Chinese EVs spurs dash for affordable cars
Legacy automakers are turning to suppliers to get their costs down and even steer clear of rare earths, a segment dominated by China.
Nio workers inspect a vehicle on an assembly line at the automaker’s factory in Hefei, China. China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
BUSINESS / Companies
Dec 11, 2023
China’s electric car factories can’t hire fast enough
A frenzy of construction and expansion of factories has made electricians and robotics specialists a hot commodity.
A BMW electric vehicle is charged at a charging station in Drogenbos, Belgium, in November.
BUSINESS
Dec 4, 2023
EU's electric dreams short-circuited by EV charging gridlock
The process for setting up a fast EV charging station has risen to an average of two years from six months in the last few years.
A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023
U.S. sets limits on Chinese content to receive EV tax credits
The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
Tesla's new Cybertruck is displayed at a Tesla store in San Diego on Nov. 20.
BUSINESS
Dec 1, 2023
Tesla's Cybertruck is priced 50% higher than initial estimate
Cybertruck's new body material and unconventional, futuristic styling has added complexity and costs to production.
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
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.

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