Honda delegates vehicle platform development to Tata Technologies unit Honda assigns vehicle platform development to Tata Technologies’ subsidiary to cut costs; the platform will serve hybrids and other electrified models …
Vehicles
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Business
Electric vehicles undercut hybrids as cheaper batteries boost emerging market adoption
by Sato Asahiby Sato AsahiElectric vehicles hit price parity with — and in many markets undercut — hybrids as batteries get cheaper Electric vehicles became, on average, cheaper than many hybrid models last year …
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Business
Foxconn predicts 80% of vehicles will reach Level 4 autonomy by 2040
by Sato Asahiby Sato AsahiFoxconn Predicts More Than 80% of Vehicles Will Reach Level 4 Autonomous Driving by 2040 Jun Seki of Foxconn forecast at Nikkei’s Global Digital Summit that over 80% of vehicles …
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Business
Mahindra Targets South Africa, UK and Australia With Electric Vehicles and Pickups
by Sato Asahiby Sato AsahiMahindra electric vehicles and pickups to reach South Africa, Australia, New Zealand and the U.K. within two years Mahindra expands overseas push with new electric vehicles and pickups, targeting exports …
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Business
Toyota Cuts Overseas Production by 83,000 Vehicles Amid Strait of Hormuz Blockade
by Sato Asahiby Sato AsahiToyota to cut overseas production by about 83,000 vehicles after Strait of Hormuz blockade Toyota to cut overseas production by around 83,000 vehicles by November 2026 as Strait of Hormuz …
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Business
Electric vehicles: Japan and automakers urge EU to revise subsidy rules
by Sato Asahiby Sato AsahiJapan and Toyota Urge Revisions to EU EV Subsidy Rules Tying Aid to In‑Bloc Assembly Japan and automakers, led by Toyota, urge the EU to amend proposed ‘Made in Europe’ …
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Business
Beijing Auto Show Sees Global Dealers Push China-Made Green Vehicles Amid Rising Oil Prices
by Sato Asahiby Sato AsahiGlobal Dealers Target China-Made Green Vehicles at Beijing Auto Show Global dealers at the Beijing auto show seek China-made green vehicles as rising fuel costs push demand, driving Chinese automakers …