Japanese oil refiner switches on to electric vehicle project

Japanese oil refiner switches on to electric vehicle project

(ATF) Japanese oil refiner Idemitsu Kosan plans to launch an electric vehicle next year through a joint venture with unlisted carmaker Tajima Motor, signalling a further shift out of internal combustion engines. Idemitsu has stepped up its transformation into a supplier of low-carbon energy and materials as local oil demand …

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Jaguar’s great EV leap forward comes with net zero pledge   

Jaguar’s great EV leap forward comes with net zero pledge   

Jaguar, the Indian-owned luxury car brand, will only produce electric vehicles in just four years time, the company revealed on Monday. "By the middle of the decade, Jaguar will have undergone a renaissance to emerge as a pure electric luxury brand," said a statement from Jaguar Land Rover (JLR), adding …

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US court allows extradition of men alleged to have helped Ghosn flee

US court allows extradition of men alleged to have helped Ghosn flee

(ATF) An appeals court in the US on February 11 declined to further delay the extradition to Japan of two men charged with helping former Nissan chairman Carlos Ghosn flee the country. The order clears the way for Michael Taylor and his son, Peter, to be handed over to Japan, …

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Toyota sees share surge after unveiling EVs for US market

Toyota sees share surge after unveiling EVs for US market

(ATF) Toyota Motor Corporation shares rose after the Japanese carmaker said it would unveil two new electric vehicles (EVs) for the US market. Tokyo-listed company’s stock rose 1.7% to 8,130 yen at the close of trading. But the Japanese bourse is shut on Thursday February 11 for National Day. The …

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Geely out to deal its way to the front of the EV grid 

Geely out to deal its way to the front of the EV grid 

Chinese automaker Geely is looking to position itself among the leading EV players through a series of tie-ups and deals to make it the sector’s go-to contract manufacturer. Of four deals recently announced, a venture with Taiwan's Foxconn to provide electric vehicle (EV) contract manufacturing, is possibly the most critical, …

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Tesla summoned to China regulators over technical, safety issues

Tesla summoned to China regulator over technical, safety issues

(ATF) Chinese regulators have summoned representatives of US electric vehicle (EV) manufacturer Tesla after reported technical and safety problems with their vehicles. “Consumers have cited multiple problems, related to unusual accelerations, batteries catching fire, as well as with the remote update system," the State Administration for Market Regulation said in …

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Ford charges into electric vehicles with $22 billion commitment

Ford charges into electric vehicles with $22 billion commitment

(ATF) US automotive giant Ford on Thursday February 4 signalled a dramatic acceleration into making electric vehicles (EVs) and pledged deepening collaborations with technology giants to digitally transform driving. As it released fourth-quarter and full-year results, Ford said it planned to spend $22 billion on EVs from 2021-2025, nearly twice …

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