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...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 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....
...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....
...Nissan is preparing a new strategy for later this year....
...Sales of Japanese cars in the country have tumbled, with Nissan’s alliance partner Mitsubishi Motors recently forced to suspend production....
...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...
...Lotus commercial head Mike Johnstone said investors were interested in the company’s “history and heritage”, which stemmed from motor racing....
...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...
...Morgan Stanley has hired senior JPMorgan dealmaker Thomas Christl to co-head its consumer and retail coverage in Europe, per Financial News....
...“With the latest agreement, they’re trying to go for a mini alliance with a very reduced scope of co-operation,” Ghosn said....
...After a 5 per cent gain on Friday, Nissan’s share price is up by nearly a third this year. Toyota and Honda joined in the rally....
...The turmoil among property developers is hugely significant for China because construction and real estate has been the motor of much of its growth....
...Plus, the FT’s Tokyo bureau chief Kana Inagaki explains why Nissan’s focus on regaining ground in China might be a bit of an uphill battle....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...The group has a passenger car joint venture in China with Dongfeng Motor. “How we can make something for China in China . . . will be the key,” Uchida told the FT summit....
...Nissan and Honda have their own programmes....
...Here’s part of what S&P Ratings says prompted the Nissan downgrade in a FAQ, with our emphasis: Initially, we assumed there would be a prompt earnings recovery for Nissan Motor....
...As well as offering battery-only vehicles such as the Nissan Leaf and Ariya, and hybrid models that use Renault technology, Nissan has “e-power”, which relies on a petrol engine to charge its battery that...
...Takao Kato, chief executive of Mitsubishi Motors, which joined the alliance in 2016, said it was considering investing in Ampere....
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