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Mitsubishi Chemical strengthens production capacity of graphite anode materials in China; possible production in Europe and US

Green Car Congress

Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.

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Nissan optic exporting extra from China as gross sales hunch

Baua Electric

Global manufacturers, together with Nissan and alternative Jap manufacturers corresponding to Mitsubishi and Toyota, are suffering in China, the place they have got trailed home competition in assembly booming call for for electrical automobiles. This will determine our survival in China,” Uchida stated. Not at all.

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Rebounding Mitsubishi expects North American profitability to surge

Baua Electric

In the meantime, creation of the Indonesia-built Xpander worth automobile to Mexico helps shore up industry in every other essential North American marketplace, the corporate stated. Mitsubishi, which lately kicked off a brandnew mid-term marketing strategy focused on international gross sales of one.1 billion yen ($1.13

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Toyota’s China undertaking dismisses some manufacturing facility employees as gross sales fall

Baua Electric

The GAC Toyota manufacturing facility has an annual output capability of one million automobiles and employs round 19,000 population, consistent with its website online. a era in the past, consistent with China Affiliation of Car Affiliation. a era in the past, consistent with China Affiliation of Car Affiliation. of the entire.

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Japan’s automakers have a made-in-China gross sales disaster

Baua Electric

TOKYO, Would possibly 2 (Reuters) – Japan’s automakers are dealing with a gross sales disaster in China, knowledge displays, as a speedy shift to electrical automobiles (EVs) has upended the sector’s greatest auto marketplace and resulted in a plunge in purchases of gasoline-powered vehicles.

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Lotus Posts $750 Million Loss for 2023 While Also Setting Sales Record

The Truth About Cars

However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. The real question is whether or not sales are sustainable beyond that.

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Mitsubishi to debut eight xEVs in next five years: hybrids, plug-in hybrids, EVs

Green Car Congress

Mitsubishi will introduce 8 xEVs by FY 2015. Mitsubishi Motors Corporation (MMC) plans to introduce eight hybrid (HEV), plug-in hybrid (PHEV), and battery-powered (BEV) models by fiscal year 2015 in anticipation that demand for low-carbon, fuel-efficient automobiles will expand worldwide. by Jack Rosebro. Click to enlarge.