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Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...
Summary Renault reduces stake in Nissan to 15% and redraws its 20-year alliance. On the other side, Nissan will invest in Renault's future electric division called Ampere. Supportive positive news for Nissan. Buy target at Yen 600 per share. Here at the Lab, we closely fol...
A Nissan Motor ( OTCPK:NSANY ) committee has endorsed a plan to reconfigure its alliance with Renault SA ( OTCPK:RNLSY ) after reviewing proposals, according to Reuters. Citing two people familiar with the review, the outlet reported that the proposed plans entail a reduct...
Summary Nissan 'sold' its Russian activities to a local entity. This will represent a negative one-off of approximately 100 billion yen (€706.7 million). We are still waiting for the next catalyst. We decide to hold. Here at the Lab, we are closely following the Nis...
Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...
Summary I have not been optimistic on Tesla, Inc.'s price future for several years, with a normalized growth-valuation price target of $100. Elon Musk's Twitter management chaos and related Tesla share selling (to fund its take-private purchase) have hurt both the Tesla brand and stock ...
Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...
Nissan Motor Co Ltd (NSANY) Q2 2023 Earnings Conference Call November 09, 2022, 04:15 ET Company Participants Sadayuki Hamaguchi - Chief Communications Officer & Corporate VP Ashwani Gupta - COO & Director Makoto Uchida - CEO, President & Director ...
Summary Luminar Technologies hit a major milestone by reaching the start of production ahead of schedule, with multiple vehicle models set to adopt Luminar's Iris over the next 4 to 6 quarters. A new high-volume production facility is set to come online late next year, setting the...
Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...
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Nissan, Honda and Mitsubishi Motors sign MOU on strategic partnership TOKYO, Aug 1, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation announced today that the three companies have signed a memorandum of understanding to jointly discuss a...
Nissan and Honda agree to joint research in fundamental technologies for next-generation SDV platform TOKYO, Aug 1, 2024 - (JCN Newswire) - Japan-Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. today announced that the two companies have agreed to carry out joint research in fundam...
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...