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Nissan sees China’s intensely competitive automobile market as fertile ground to help develop electric vehicles, an area where it needs to improve in order to get back on its feet.
New EV maker Xiaomi also scrapped an unveiling of the YU7 at this week’s Shanghai auto show, Bloomberg reported, in a blow to its ambitions to put pressure on Tesla and BYD.
Huawei Technologies has forged a dominant position in China’s intensely competitive EV market by creating the intelligent driving software that’s found its way into the cockpits of marques from BYD to BMW.
Renault has bought out Nissan's stake in a joint venture in India, where it has struggled to launch new models and now has less than 1 percent market share.
The company will open a test center in Yokohama, making Japan its fourth market after the U.K., U.S. and Germany as it looks to interest major automakers in its autonomous driving technology.
Dan Ives: “Musk needs to leave the government, take a major step back on DOGE, and get back to being CEO of Tesla full-time."
An upgraded version of CATL's Shenxing battery will offer 520 kilometers (323 miles) of range after just five minutes of charging time. Rival BYD recently launched a system it says can charge a vehicle for 400 kilometers in about the same time.
U.S. carmakers have long complained about perceived non-tariff barriers blocking access to Japan’s market, including stringent safety standards.
Ackman is wagering that Hertz can get past a bad bet on Tesla EVs and capitalize on a potential rise in used-car prices stemming from President Donald Trump’s tariff on U.S. auto imports.
Carlos Tavares, whose final pay package from Stellantis was nearly $40 million, wants to use his auto industry experience to help businesses in his native Portugal.
