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Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...
Automakers and battery manufacturers are racing to develop battery technology to power the next generation of vehicles and a greener future. The battery in question needs to reinforce the body structure and extend the driving range. Engineers refer to it as a structural battery that holds t...
Nissan Motor (NSANY): Q1 Net income of ¥114.5B.Revenue of ¥2.01T (+71.8% Y/Y).The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a ¥60B profit.Press Release For further details see: Nissan Motor reports Q1 res...
On Friday, Rivian revealed it closed a $2.5 billion funding round, led by existing investors Amazon (NASDAQ: AMZN), Ford Motor (NYSE: F) and T. Rowe Price (NASDAQ: TROW). Also last week, Rivian revealed its plans to build a second assembly plant in the U.S. as it moves towards beginning pro...
An Apple electric car (maybe called an "iCar") would be an iPhone moment (turning point) for the EV industry. The opportunity for Apple is significant. Apple is reported to be currently sourcing batteries for an electric car. Who would be the winners and losers if Apple announced ...
European Union car registrations rose 10.4% Y/Y in June to 1.05M units, followed by 53.4% rise in May.Registrations in Germany advanced +24.5%, followed by Spain +17.1%, Italy +12.6% whereas France saw decline of 14.7% for the month.On YTD basis, demand for passenger cars ...
China and Europe continue to dominate electric car sales. The electric pickup truck is coming to the USA in 2022. The Wuling MINI super cheap electric car is now the global bestseller. Chinese EVs are going global. Electric motorbikes and e-mobility taking off. Bigger and cheaper ...
For the last few years, Toyota RAV4 has been the best-selling nameplate in the largest non-pickup truck segment: Compact SUV-crossover. In Q2 2021, Honda CR-V overtook Toyota RAV-4 in the U.S. market thanks to 76% year-over-year growth compared to “only” 25% for Toyota. ...
The EV era is coming, and the IEA is projecting at least 145 million in global EV stock by 2030, as strong growth continues into 2021. While there are some significant opportunities in pure-play EV manufacturers, those exhibit a much riskier profile, especially SPAC entrants. EV d...
June sales for the auto industry overall fell to 1.30 million vehicles, down 14.2% from June 2019, after a strong March, April, and May. The average transaction price and average per-unit gross profits have spiked to records in June. Ford’s total sales in June plunged 26.9%...
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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 ...