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...A commitment to full-scale manufacturing in the UK would provide a welcome boost to the industry, which saw Japan’s Honda close its plant in Swindon two years ago in the wake of the Brexit vote....
...Other investors include Honda and Microsoft. But GM’s own investors have grown more cautious about Cruise in the wake of the accident....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...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....
...Honda and Nissan will team up to develop electric cars, days after Volkswagen said it may collaborate with Renault, as traditional carmakers combine forces in the face of the threat from Chinese EVs....
...“In this period of once-in-a-century transformation in the automotive industry, we will examine the potential for partnership between Nissan and Honda,” said Honda’s president Toshihiro Mibe....
...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....
...In China, it plans to launch eight such “new energy” vehicles and begin exporting cars made in the country from next year....
...’s low-cost, high-tech cars as well as Tesla....
...Nissan, which has an alliance with France’s Renault and a partnership with Honda that was announced last week, has wrestled with flagging sales in China as the automotive industry struggles to build profitable...
...It is working with Honda to launch driverless cars in Tokyo by 2026. GM has frequently projected that Cruise revenue could reach $50bn by 2030....
...Earlier on Friday, Nissan and Honda announced plans to partner on an electric vehicle in an effort to survive intensifying competition in the sector....
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...He has said that he fully co-operated with the investigation. Additional reporting by Peter Campbell...
...But if they sell a better car that also undercuts the west, it’s impossible to catch up.”...
...Industry groups such as BASC, of which Toyota, Nissan and Honda are members, are introducing measures such as training existing car component suppliers to enter the battery business or proposing standards...
...It sold more than 52,000 Maverick pick-up trucks in 2023, making it the fifth best-selling hybrid in the US after models from Toyota and Honda....
...Volvo Cars will stop funding its Polestar electric sports car brand and look at selling its shareholding to parent company Geely, as its latest results showed profits had been dragged down by the lossmaking...
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...While UK car production peaked at more than 1.6mn before the Brexit vote in 2016, the closure of Honda’s Swindon plant in 2021 and JLR’s downsizing strategy mean the country can make up to 1.1mn cars a year...
...His long road to deification (and a stint as creative-director) at the Portland ad agency started with Honda, whose scooters Riswold sold by courting a new kind of celebrity spokesperson: Lou Reed....
...Workers at Tesla, Toyota, Honda and others are not the enemy — they are the UAW members of the future.”...
...That puts BYD in direct competition with gasoline cars....
...“I will not sell cars at a loss.”...
...Shu said the Hungary plant planned to produce at least 150,000 cars a year, a minimum level for standard car factories....
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