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...Korea Zinc has also formed a joint venture with South Korea’s LG Chem for precursor production and is in talks with Singapore-based Trafigura for co-operation on nickel refining....
...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....
...The carmaker will also aim to launch an EV powered by emerging solid-state-battery technology in fiscal 2028....
...But it also remains the world’s biggest carmaker by sales and is raking in record profits while taking advantage of renewed demand for its existing products, such as hybrids....
...must make sure that there is demand,” he added, saying there would be no point investing “if we do something which is nice for the government, maybe nice for the short-term benefit, but nobody buys your products...
...DeepMind co-founder Sir Demis Hassabis was appointed the head of the combined group, named Google DeepMind, gaining a privileged position that has led to resentment among those who believe the product teams...
...This ranges from its flagship lithium batteries, solar modules, electric-powered buses, trucks and trains to complex artificial intelligence and software used to control and connect transport and power systems...
...While the tailpipe of the Boeing 787 still released the same amount of CO₂ as normal jet fuel, net emissions from the unmodified Rolls-Royce engines run on waste products were expected to be about 70 per...
...Counterpoint Research expects Samsung to control nearly half of the AI-powered phone market in the next couple of years....
...In 2017, the business said it was exploring launching a range of battery vehicles powered by its own technology....
...The manufacturing subsidies the carmaker receives from China are “very limited”, Shu told the Financial Times in an interview at the Geneva Motor Show....
...The carmakers need billions of dollars to invest in plants and tooling to build battery-powered cars and trucks....
...Plans have been complicated by US carmakers pausing expansion of their electric vehicle manufacturing capacity last year, as consumers bought battery-powered cars and trucks at slower rates than expected...
...Hyundai Motor’s Chinese revenues dropped by 76 per cent between 2016 and 2022, according to Seoul-based market research firm CEO Score, after Beijing imposed an unofficial embargo on Korean products in 2016...
...Growth has been especially strong in Germany, where 28 per cent of imported passenger cars with electric motors came from China in the first quarter of the year — triple the previous year....
...BYD wants to overtake the top-selling models in the Indonesian market last year, which included the Hyundai Ioniq 5, and the Air EV from China’s Wuling Motors....
...A decade on, the Shenzhen-based company led by Wang Chuanfu has claimed Tesla’s crown as the biggest producer of battery-powered cars....
...U-Power last month signed a deal to supply New York-based EV start-up Olympian Motors with its skateboards....
...Japan’s Yamaha Motors spent seven years studying the material and has recently started using it for the engine covers on its latest watercraft....
...That compares to more than 151,000 battery powered cars sold in September by BYD, the country’s top car producer....
...There is also a trend, difficult to quantify but likely to be significant, of consumer wariness about buying China-made products....
...“Developing a product and commercialising it are two different matters,” says one executive....
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...Sales of Japanese cars in the country have tumbled, with Nissan’s alliance partner Mitsubishi Motors recently forced to suspend production....
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