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US carmaker writes to group’s owner seeking full transparency regarding allegations of personal misconduct
...“I respected the integrity of the independent investigation and fully co-operated with it every step of the way,” he said....
...Last month, Nissan stunned investors by announcing that Gupta would not be renominated to its board....
...Four of the five big carmakers with UK plants — BMW, JLR, Nissan and Stellantis — have committed to new electric models in the past year, while Toyota recently said it was weighing up further UK investments...
...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....
...Through new partners and manufacturing technology, Nissan has said it wants to bring down the cost of electric vehicles by 30 per cent by 2030....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...The alliance also includes smaller partner Mitsubishi Motors....
...The problem for Nissan is just how much it might need this breakthrough....
...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....
...Nissan will benefit from having a large production base in the region....
...In August 2022, China’s Wuling Motors began operating an assembly line for its Air EV model in Cikarang, West Java....
...Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, called the investment “tremendous news” that “underlines Britain’s position as an increasingly competitive location for electric...
...Prime Minister Rishi Sunak is expected to visit the site on Friday for the announcement, which will be made by Nissan chief executive Makoto Uchida. Nissan and the UK government declined to comment....
...During the FT conference, senior executives from Nissan, Peugeot, Volkswagen and Hyundai have all flagged the higher competition posed by Chinese carmakers with their advanced technology, especially in batteries...
...Nissan is preparing a new strategy for later this year....
...The UAW has tried and failed before, losing elections such as at VW-Chattanooga in 2014 and 2019, and at Nissan in Mississippi in 2017....
...Ministers have pledged hundreds of millions of pounds of state support to international carmakers in recent years for an array of projects, including a battery gigafactory for JLR and new electric models from Nissan...
...Sales of Japanese cars in the country have tumbled, with Nissan’s alliance partner Mitsubishi Motors recently forced to suspend production....
...Lotus commercial head Mike Johnstone said investors were interested in the company’s “history and heritage”, which stemmed from motor racing....
...Sales of Japanese cars have been hit hard in China because of the slow EV rollout and a price war sparked by Elon Musk’s Tesla, forcing another Nissan alliance partner Mitsubishi Motors to suspend production...
Chinese EV giant is widening its range by price point and fuel type
...He has said that he fully co-operated with the investigation. Additional reporting by Peter Campbell...
...Nissan says it might also draw inferences about psychological trends, behaviours, attitudes and intelligence....
...Nissan Motor and Honda Motor are also competing to develop solid-state batteries, and commercialising the technology would be a boon for Japanese automakers, which are trailing China’s BYD and Tesla of the...
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