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Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...Modi has earmarked billions of dollars’ worth of government subsidies to promote manufacturing, including in critical industries such as EVs, where India’s geopolitical rival China has a strong lead....
April 3, 2024
Climate change
US cannot rely on allies to meet climate goals, warns Mitsubishi
...The Biden administration’s plan to rely on domestic manufacturing and supplies from allied nations such as Japan will “probably not be enough” to meet US climate goals, a senior executive at Mitsubishi Heavy...
June 22, 2023
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
News in-depthGerman economy
German companies flock to US with record pledges of capital investment
...German companies announced 185 capital projects in the US in 2023, of which 73 were in the manufacturing sector....
February 19, 2024
Semiconductors
SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency
...The US had only 3 per cent of the world’s packaging capability in 2021, but the Biden administration allocated $3bn of Chips Act funding in November to a National Advanced Packaging Manufacturing Program...
February 1, 2024
Electric vehicles
Honda and Nissan to join forces to survive EV race
...The alliance also includes smaller partner Mitsubishi Motors....
March 15, 2024
Nissan Motor Co Ltd
Nissan looks for partnerships to cut electric vehicle costs
...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....
March 25, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...Nissan chief executive Makoto Uchida is blunt on the need for new partners, although the company insists its alliance with Renault and Mitsubishi Motors will not be unwound....
April 9, 2024
Tech start-ups
Toyota home ground becomes base for drone and space start-ups
...“The region is capable of solid manufacturing, so solid start-ups should emerge as well.” A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc....
February 13, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
What to watch in Asia today
...Corporate earnings: Japan’s Mitsubishi, Nintendo and Toyota Motor and China’s Semiconductor Manufacturing International Corporation report results....
February 6, 2024
Electric vehicles
Americans opt to lease electric cars to tap Biden tax credits
...manufacturing and sourcing materials....
December 16, 2023
Lex PopuliPersonal Finance
Stock splits: slicing the burrito
...Tesla shareholders were even more carried away, adding $46bn to the EV maker’s market cap — more than General Motors was then worth — when it announced a stock split in August 2020....
April 5, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
February 27, 2024
#techAsia
Asians woo Tesla, Taiwan’s Kinsus mulls Malaysia substrate play Premium content
...An independent panel revealed that Daihatsu Motor, a subsidiary of Toyota Motor, had been cheating on safety and quality tests for over 30 years, delivering a blow to the auto group’s reputation — the most...
January 18, 2024
Scoreboard
Is Netflix limbering up for live sport? Premium content
...The FT visited Detroit this week to take the pulse of the Motor City — stay tuned for our report later this weekend. The history of the Lions overlaps with the history of Detroit itself....
January 27, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...The news is another sign of tougher conditions for the electric vehicle sector. Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
February 21, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
April 15, 2024
Electric vehicles
‘The early adopters have adopted’: US carmakers slow their EV growth plans
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
October 28, 2023
News in-depthNikkei Asia
Bicycle parts maker Shimano seeks growth with Singapore plant
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
March 12, 2024
Special ReportThe Business of Formula One
After years in the pits, F1 goes up a gear in the US market
...F1 claims 75 per cent of its audience is under 45 and 32 per cent of its 44mn US-based fans are women — a far greater proportion than most of America’s major sports....
November 24, 2023
Special ReportNorth America Innovative Lawyers
Standout examples of in-house lawyers’ work
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
December 5, 2023
Special ReportInvesting in America
Japanese companies place US bets on Texas
...The share of its revenues from the Americas has risen from less than 1 per cent in 2000 to 37 per cent last year....
November 7, 2023
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...Shanghai’s state-owned carmaker SAIC Motor, for example, had its 15 per cent tax rate for being a “high-tech enterprise” renewed four times since 2008....
March 10, 2024
News in-depthNikkei Asia
Asia space race heats up as China, Japan and India reach for the stars
...regions in 2025 and the development of a pressurised rover by Toyota Motor and Mitsubishi Heavy Industries for use by astronauts on the Moon....
January 10, 2024
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...General Motors scaled back plans for its self-driving Cruise unit last year following an accident while testing on public roads, while Ford pulled out of the technology altogether to focus on driver-assistance...
February 28, 2024
Japanese business & finance
Japan’s small EV battery suppliers feel the heat in race for scale
...Smaller companies play a big role in Japan’s electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla....
April 24, 2024

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