Asia

Report: VW, Samsung Reassess Battery Deal

May 28, 2019 at 1:52 PM

Volkswagen AG may revise its €50 billion ($56 billion) battery sourcing strategy for electrified vehicles because Samsung Electronics Co. can’t meet demand forecasts, sources tell Bloomberg News.

Toyota Plans Assembly Plant in Myanmar

May 28, 2019 at 1:33 PM

Toyota Motor Corp. is preparing to build its first assembly plant in Myanmar.

Honda EV to Feature Side Rearview Cameras

May 28, 2019 at 12:26 PM

The production version of Honda Motor Co.’s upcoming “Honda e” electric city car will feature side cameras rather than rearview mirrors.

Elkann Touts Benefits for Nissan of a FCA-Renault Merger

May 28, 2019 at 10:24 AM

Having Nissan and its Mitsubishi Motors affiliate join the proposed merger of Renault SA and Fiat Chrysler Automobiles would benefit all four companies, says FCA Chairman John Elkann.

China May Subsidize EV Charging Costs

May 28, 2019 at 9:58 AM

China’s central government is developing a plan to subsidize the cost of charging electric vehicles.

EV Sales Triple in India

May 27, 2019 at 7:53 PM

Sales of all-electric passenger cars in India tripled to about 3,600 units in the fiscal year ended March 31, as the government increases support for electrification.

Moody’s Downgrades Nissan’s Credit Rating

May 24, 2019 at 9:19 AM

Moody’s Investors Service has dropped its credit rating for Nissan Motor Co. by one notch to “A3” and given the company a negative outlook.

Denso Touts Improved Alternator Diode

May 24, 2019 at 8:11 AM

Denso Corp. and partner Hitachi Power Semiconductor Device Ltd. have developed a new diode technology that they say can improve an alternator’s power generation efficiency by 6%.

China Hints It Could Embargo Rare Earth Minerals to U.S.

May 24, 2019 at 1:54 AM

China hints it might counter a U.S. escalation in the trade war between the countries by restricting exports of its rare earth minerals used in electric cars and consumer electronics.

Thai Auto Exports Drop to 2-Year Low

May 24, 2019 at 1:31 AM

Thailand new-vehicle exports slumped 8% to 67,100 units in April, their smallest volume in two years, the Federation of Thai Industries says.

France: Renault-Nissan Alliance Must Change or Die

May 24, 2019 at 12:55 AM

The Renault-Nissan-Mitsubishi alliance is unsustainable without changes in structure, declares Bruno Le Maire, France’s minister of the economy and finance.

Renault Unveils Russian-Built Crossover Model

May 23, 2019 at 5:48 PM

Renault SA has unveiled the production version of the Arkana, a small SUV/crossover vehicle it developed primarily for the Russian market.