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Summary Nissan Motor Co., Ltd. has seen pressures on production as a result of a global chip shortage and other supply chain issues. The Chinese market could provide a source of longer-term growth. However, domestic competition in China is also increasing. I take the view ...
Summary Tesla's title as king of the EV hill appears to be numbered in months. By 2024, serious competition, especially on price and warranties will likely plummet company market share. If Tesla is forced to slash prices to stay in business, income will disappear, and the stoc...
Nissan ( OTCPK:NSANF ) ( OTCPK:NSANY ) announced on Monday plans to extend suspension of the Saint Petersberg assembly plant in Russia for three months until late Dec 2022. A company spokesperson said, "Production is suspended at St Petersburg until the end of December and...
Summary Even though electric vehicles have become mainstream, true driverless vehicles still do not exist. As manufacturers shift to produce cleaner, higher tech options, BEVs are quickly gaining market share over PHEVs. While there is a difference between electric and autonom...
Summary Global electric car sales July 2022 - Up 61% YoY to 14% share. China sales up 112% YoY to 28% share. Europe down 5% YoY to 19% share. US 5% share. EV market news - USA passes the Inflation Reduction Act. China extends NEV purchase tax exemption worth 100 billion yuan to th...
Summary Light vehicle sales in the Association of Southeast Asian Nations recorded about 250,000 units in July 2022, an increase of 53.0% compared with July 2021. The Association of Southeast Asian Nations region's light vehicle production in July 2022 posted significant growth of...
Global electric car sales for June 2022 - Up 54% YoY reaching 16% share. China sales up 132% YoY to 28% share. Europe sales down 8% YoY to 21% share. EV market news - US crosses the electric-car tipping point for mass adoption. Reconciliation Bill has $369 billion to fight climate cha...
Nissan Motor Co., Ltd. (NSANY) Q1 2022 Earnings Conference Call July 28, 2022, 05:30 AM ET Company Participants Ashwani Gupta - Chief Operating Officer Stephen Ma - Chief Financial Officer Rakesh Kochhar - Senior Vice President, Global Treasury and Global Sales F...
As the market for electric cars grows, demand may shift from wealthier consumers who value EVs for social status and "green cred" to those who value them for economics and savings. EVs from Rivian and other EV companies are relatively poorly positioned on those metrics, compared to PH...
Toyota started selling its first volume-produced electric vehicle in May. It is also manufactured with a Subaru label with only minimal modifications. This particular model, the bZ4X SUV, will naturally be followed by a long list of other Toyota electric vehicles over the next few sho...
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Nissan and Mitsubishi Corporation agree to explore new business in next-generation-mobility and energy-related services utilizing EVs TOKYO, Mar 18, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan) and Mitsubishi Corporation (MC) have signed a memorandum of understanding to e...
Nissan and Honda to start feasibility study of strategic partnership TOKYO, Mar 18, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan) and Honda Motor Co., Ltd. (Honda) announced today that the two companies have signed a memorandum of understanding under which they will begin ...
Nissan, Mitsubishi Motors, and NMKV mark production of 50,000th fully electric minivehicle YOKOHAMA & TOKYO, Japan, May 31, 2023 - (JCN Newswire) - Nissan Motor Co., Ltd. (Nissan), Mitsubishi Motors Corporation (Mitsubishi Motors), and NMKV Co., Ltd. (NMKV) today announced that ...