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TOKYO -- Japan's Isuzu Motors will start selling locally assembled compact electric trucks in North America in August and expand into midsize trucks in 2026, ahead of the U.S. government's implementation of stricter vehicle emissions regulations, starting in 2027, Nikkei has learned.
Nickel mining in Indonesia has surged, making it the world's top producer of the metal. With over 14 active mines, Indonesia supplies more than 40% of global nickel demand, driven by its crucial role in electric vehicle (EV) batteries.
BANGKOK -- The Thai government may be celebrating the opening of a BYD plant in early July, but owners of the Chinese EV maker's cars are less than thrilled. BYD offered yet more discounts on its Atto 3 SUV this month, in an attempt to maintain its lead in an increasingly crowded market.
NAGOYA, Japan -- Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. The company aims to position Kyushu, which is home to many auto and chip plants, as a central part of its EV supply chain and an export base to Asia.
BANGKOK -- The Thai government touched off a domino effect when it started throwing subsidies at Chinese electric vehicle makers, industry figures say as they watch the resultant massive oversupply of EVs ignite a price war in the combustion engine auto segment, now suffering from production cuts and plant closures.
NAGOYA, Japan -- Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. The company aims to position Kyushu, which is home to many auto and semiconductor plants, as a central part of its EV supply chain and an export base to Asia.
Shares of major Chinese electric vehicle companies dropped Wednesday after U.S. giant Tesla's earnings fell short of analysts' estimates and General Motors delayed its EV plans.
As Tesla CEO Elon Musk continues to make lofty promises about his company's future in autonomous driving and robotics, investors keep watching profit margins deteriorate.