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The European Union is planning to ban combustion engine cars by 2035, but that may have some knock-on effects on employment across the bloc. In a recent survey of the European Association of Automotive Suppliers, CLEPA, PwC found that the speed of the energy transition would put half a millio...
Global electric car sales for Oct. 2021 - Up 70% YoY, reaching 8.8% share. China sales up 113% YoY to 16% share. Europe sales up 26% YoY to 23% share. EV market news - Greece banning fossil-fuel cars from 2030. Biden signs Infrastructure Bill that includes $7.5 billion to build about ...
Toyota is not backing off from the internal combustion engine (ICE). Toyota is flirting with ICE powered by hydrogen; where does that leave their fuel cell program? Toyota refuses to sign COP 26 pledge to exit ICE manufacture by 2040. Toyota is the “go to” invest...
Nissan (OTCPK:NSANY) unveils plans to spend ¥2T ($17.6B) over the next five years to electrify more of its lineup, and introduce 15 new electric vehicle models by FY 2030. In its Ambition 2030 strategy released today, Nissan says half of its vehicles sold will be powered at least pa...
Commercial vehicle registrations in the European Union fell 16.4% to 144,409 units in October, followed by 12.3% decline in September. All major EU markets recorded double-digit declines: Italy -22.9%, Germany -24.3%, France -23.3% and Spain -32.7%. On YTD basis, commercia...
Nissan Motor Co Ltd (NSANY) Q2 2022 Earnings Conference Call November 9, 2021 03:00 AM ET Company Participants Sadayuki Hamaguchi - Chief Communications Officer & Corporate VP Ashwani Gupta - Chief Performance Officer, COO & Director Stephen Ma - CFO Conference Call Participants Ryo A...
Nissan (OTCPK:NSANY +4.1%) shares get a boost after the automaker raises its full-year operating profit to ¥180B ($1.6B) from an earlier ¥60B ($531M) due to higher margins. The company has been forced to lower production due to the semiconductor shortages affecting automakers a...
Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share. EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected t...
AutoNation has had some mixed financial results in recent years, with the pandemic hitting its top line most. Cash flow remains robust, though, and the overall condition of the company, fundamentally, is strong. It has some chance for growth ahead, and shares are not precisely pri...
Global electric car sales for August 2021 were up 114% YoY reaching 7.7% share. China sales rose 186% YoY reaching 19% share. Europe sales rose 60% YoY reaching 22% share. EV market news - Global electric passenger car sales surged 160% higher in H1 2021 led by China and Europe. U.S. ...
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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...