Automotive

Automotive
Nidec to set up motor R&D site in China amid Sino-US tensions

Nidec, the world's largest motor manufacturer, will set up a new research and development facility in China for drive motors used in electric vehicles, Nikkei has learned, hoping to counter risks arising from Sino-U.S. tensions and also take in Chinese demand.

Nissan-Renault alliance to deepen cooperation and cut costs

Nissan Motor, Renault and Mitsubishi Motors set out on Wednesday their plans to deepen their carmaking alliance to confront plunging vehicle demand amid the coronavirus pandemic, saying they would become more efficient and cut costs while ruling out a full merger.

BYD, Toyota Launch BYD TOYOTA EV TECHNOLOGY Joint Venture to Conduct Battery Electric Vehicle R&D
BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been completed. Operations are scheduled to commence in May 2020. The name of the new company is BYD TOYOTA EV TECHNOLOGY CO., LTD. (BTET). Hirohisa Kishi from Toyota will serve as chairman, and Zhao Binggen from BYD will be the chief executive officer (CEO).
Japanese headlight maker switches gears to germ killer
Stanley Electric, a Japanese supplier of automotive headlights that often went unnoticed by investors before the novel coronavirus, possesses ultraviolet sterilizing technology considered crucial in preventing another outbreak.
Nissan goes all electric for new cars in Japan
Nissan Motor will sell electric-drive versions of all new and redesigned models to hit the Japanese market starting in fiscal 2020 as it shifts further away from gasoline power under tighter emissions rules, Nikkei has learned.