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...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...Nissan wants to forge new partnerships, after scaling back its alliance with France’s Renault, and is planning a tie-up with Honda to develop electric cars....
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...The alliance also includes smaller partner Mitsubishi Motors....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...Inspired by China’s rising electric mobility, Gupta convinced his wife Rashi Agarwal, who ran a fashion business, to help him co-found Zypp Electric in 2017....
...Supply chain shortages tightened the inventory of new cars, and amid the crunch, carmakers stopped subsidising leases. EVs also depreciate faster than gas-powered cars....
...It is the second-largest domestic producer of industrial robots and an important maker of motors and other components for electric vehicles....
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
...Across the hall from Renault and Dacia’s displays at the motor show is BYD’s stand, showing a range of models that are priced at similar levels to the electric models made by the incumbents they are hoping...
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
..., while MP Materials in the US signed a deal with General Motors....
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...supply....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...For example, US carmaker General Motors has committed to selling only electric vehicles by 2035, presenting its legal team with many challenges....
...metal to General Motors....
...Earlier this month, Hyundai Motor terminated an aluminium supply agreement with Indonesia’s Adaro Minerals following a campaign by a climate group backed by K-pop fans that called on the Korean automaker...
...The buoyant sales of hybrid electric vehicles counter concerns from some analysts that Toyota is not moving fast enough towards pure battery-electric vehicles (BEVs)....
...The Sunderland plant, which started production in 1986, is Britain’s largest electric car factory....
...“If we have a change in administration, you will probably see the US automakers start sounding like Toyota saying 30 per cent electrification forever,” said Tim Bush, an electric vehicle supply chain analyst...
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
...U-Power last month signed a deal to supply New York-based EV start-up Olympian Motors with its skateboards....
...There are also thousands of jobs in the local supply chain....
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