Honda will launch a commercial minivan electric vehicle, N-VAN e:, in October. (Photo by Shoya Okinaga)
Electric vehicles

Honda and Mitsubishi Corp. to reuse EV batteries in electric grid

Joint venture to lower cost of driving electric cars by extending battery life

15 June 2024
Stellantis makes cars under 14 different brands including Fiat, Chrysler, Jeep and Peugeot.
Electric vehicles

Stellantis partners with China's CATL, Leapmotor on Europe EVs

Automaker aims to tap cost-cutting expertise without triggering new tariffs

15 June 2024
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Announcements

Honda, Nissan to be added to Nikkei 225 High Dividend Yield 50 Index

Regular reshuffle on June 28 will mark return to 50 constituent companies

14 June 2024
Toyota Motor Chairman Akio Toyoda speaks during a news conference on June 3. (Photo by Yuki Nakao) 
Automobiles

Toyota chair to be tested at annual meeting over certification scandal

Proxy advisers say Toyoda is 'ultimately accountable' for overlooking irregularities

14 June 2024
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#techAsia

Apple enters AI era and EU adds EV tariffs

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

13 June 2024
Chinese EV models are likely to remain cost-competitive in Europe even with additional tariffs imposed on them.
Automobiles

EV tariffs expected to slow but not halt China's drive into European market

EU move against 'unfair' state support could spur BYD and others to localize production

13 June 2024
BYD's SkyShuttle connects the company's headquarters with the Shenzhen Pingshan high-speed railway station. (Photo by Shizuka Tanabe)
Transportation

China's BYD harnesses EV tech to make fast-charging people movers

After Brazil deal, automaker aims for more overseas mass transit contracts

13 June 2024
A BYD container ship at the German port of Bremerhaven. The European Commission is poised to slap import tariffs on Chinese EVs. 
Trade war

EU slaps additional duties of up to 38% on Chinese EVs

Beijing threatens retaliation as negotiations begin to avoid application of new tariffs

13 June 2024
Isuzu Motors leads the Thai market for pickup trucks, but its sales there have slowed. (Photo by Nikkei)
Automobiles

Isuzu pickup trucks, big in Thailand, face uphill climb over interest rates

Japanese automaker to focus on curbing inventory and expanding services

12 June 2024
The Japan Center for Economic Research says a recovery in automobile production helped lead to an increase in the gross domestic product in April. (Photo by Toshiki Sasazu)
Economy

Japan's April GDP grew 0.6% on recovery in auto manufacturing: JCER

Data shows second month of growth, but research center cautious on consumption

12 June 2024
China Evergrande New Energy Vehicle Group's factory in Tianjin, which has been hit with a suspension order.
China debt crunch

Evergrande EV unit's shares fall on order to repay over $260m in subsidies

Tianjin factory told to suspend production, sales of new cars as pressure builds

12 June 2024
The SU7 can autonomously accelerate, decelerate and change lanes on highways. (Photo by Itsuro Fujino)
Electric vehicles

Xiaomi to double EV driver assistance developers by 2025

Emerging automaker looks to make its break with self-driving features

12 June 2024
While BYD has seen brisk sales of affordable EVs, most do not have advanced self-driving and other functions.
Electric vehicles

China EV leader BYD to invest $14bn in self-driving tech

Automaker looks to bring advanced functions to affordable models

12 June 2024
Volkswagen showcases its vehicles at an auto show in Beijing this past April. (Photo by Tomoko Wakasugi)
Electric vehicles

Volkswagen leans on Xpeng to mount EV comeback in China

German automaker hopes Chinese tech will drive 'innovations faster'

12 June 2024
A Nissan Ariya electric vehicle. The automaker looks to slash the costs of manufacturing EVs to the level of gasoline vehicles by the end of the decade. (Photo by Mizuho Miyazaki)
Electric vehicles

Nissan turns to low-cost samarium-iron motor magnet for EV future

Rare-earth alloy believed to be key to cutting manufacturing costs by 30%

9 June 2024
Toyota Motor has once again lost ground to Tesla on market cap due to the recent testing scandal.
Equities

Toyota testing scandal wipes $18bn from market cap

Hit to earnings seen as minimal, but investors worry about groupwide governance

8 June 2024
Suzuki Motor will close a subsidiary's auto factory in Thailand by the end of 2025. (Photo by Hirotake Kitagawa)
Automobiles

Suzuki to shut down auto plant in Thailand by 2025

Japanese auto giant follows Subaru in exiting as Chinese EV makers enter

7 June 2024
Vincom Retail is one of the group's best earners, posting net profits of 4.4 trillion dong last year. (Photo by Yuji Nitta)
Companies

Vingroup guards red-ink EV unit VinFast by selling off retail cash cow

Vietnamese conglomerate pursues asset sales and IPOs to raise cash

7 June 2024
Panasonic has set aside its target of tripling its revenue from EV batteries by fiscal 2030 and will instead focus on profitability and market share. (Photo by Kosaku Mimura)
Technology

Panasonic scraps timetable for EV battery growth as U.S. market slows

Tesla supplier had previously said it would triple revenue by fiscal 2030

6 June 2024
Staff work at Mazda Motor's main factory in Japan. The nation's auto industry came under the spotlight this week as a safety testing scandal expanded.
Automobiles

Japan's auto testing scandal accelerates: 5 things to know

Risk to reputation of nation's car sector is growing

6 June 2024
Honda Motor shows off the CR-V e:FCEV fuel cell vehicle at its factory in Marysville, Ohio, on June 5. (Photo by Azusa Kawakami)
Automobiles

Honda launches production of fuel cell vehicles in the U.S.

Exports of the plug-in vehicles to Japan slated to begin in summer

6 June 2024
DJI, which released the Phantom 4 drone in 2016, is believed to be the world's leading drone manufacturer.
Automobiles

DJI drone tech helps Chinese carmakers offer affordable driver assist

At least 20 models equipped with system to be released this year

6 June 2024
Toyota Motor Chairman Akio Toyoda speaks to reporters in January. Toyoda said then that he was "not aware" of any irregularities beyond a scandal involving group unit Daihatsu Motor. (Photo by Yuki Nakao)
Automobiles

Toyota scandal raises questions about automaker's testing compliance

Overconfidence in internal standards seen contributing to improper data collection

5 June 2024
Egypt is one of Africa's top three passenger car markets, according to Chinese media. (BAIC Motor)
Automobiles

China's BAIC speeds push into Africa with Cairo flagship store

State-owned automaker looks to expand sales across continent and to Middle East

4 June 2024
XPeng's eVTOL flying car X2 makes its first public flight in Dubai in October 2022. The Chinese city of Guangzhou is set to invest in infrastructure for the "low-altitude economy."  
China tech

China's Guangzhou to invest $1.4bn in flying car infrastructure

City envisioned as hub for 'low-altitude economy'

4 June 2024