Remove Auto Remove Chinese Remove Global Remove Japan
article thumbnail

Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52
article thumbnail

Panasonic’s battery unit misses annual profit estimate – ET Auto

Baua Electric

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. It has a plant in Nevada and has broken ground on a second one in Kansas, which would take its auto battery capacity to 80 gigawatt hours (GWh) a year.

Auto 52
article thumbnail

India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

3 position, Japan made a resounding comeback in 2023, registering growth of 14% growth in 2023 as against India’s 8 percent. Japan ended the year a shade below 4 million units, whereas India sold 4.11 From the sizeable difference of 344,058 PVs in CY2022, Japan has reduced the gap with India sales to 115,929 units in CY2023.

India 52
article thumbnail

AutoFlight delivers first electric air taxi to customer in Japan – Charged EVs

Baua Electric

AutoFlight, an aviation firm with operations in Germany, China and the US, has delivered its first five-seater Prosperity electric aircraft to an unnamed aircraft operator in Japan. In February, AutoFlight made a demonstration flight between the Chinese cities of Shenzhen and Zhuhai.

Taxi 40
article thumbnail

electronica-index: 89% of Chinese want autonomous cars

Green Car Congress

In a global comparison, the Chinese are the biggest fans of autonomous smart cars with an approval rating of 89%. By contrast, consumers in major car-making nations like the US (62%), Japan (56%) and Germany (47%) are much more reserved when it comes to autonomous driving.

Chinese 150
article thumbnail

Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. FTC: We use income earning auto affiliate links. The partnership could include a new EV platform.

BYD 52
article thumbnail

Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China’s move last year to tighten graphite export controls, Yuki Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

Auto 52