Japan's Honda Motor Co Ltd will buy a 1% stake in Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) and the two will jointly develop EV batteries, the companies said on Friday.
After Takahiro Hachigo took over at Honda Motor in 2015, the Japanese automaker has implemented a string of reforms to shore up its auto business, including closing plants at home and abroad and shaking up supply chains. But it left one entity untouched -- Honda R&D, its crown jewel research unit, once headed by legendary founder Soichiro Honda more than a half century ago.
Electric-car maker Tesla and Japanese partner Panasonic have entered into a new three-year agreement on the supply of batteries from the sprawling Gigafactory 1 in the U.S. state of Nevada.
When minutes count in saving lives, a system pioneered in Japan called D-Call Net is making all the difference.
Nidec, the world's largest motor manufacturer, will set up a new research and development facility in China for drive motors used in electric vehicles, Nikkei has learned, hoping to counter risks arising from Sino-U.S. tensions and also take in Chinese demand.
Top Japanese farm equipment manufacturer Kubota is teaming up with Indian peer Escorts to produce cheap machinery for sale in developing countries.
Nissan Motor, Renault and Mitsubishi Motors set out on Wednesday their plans to deepen their carmaking alliance to confront plunging vehicle demand amid the coronavirus pandemic, saying they would become more efficient and cut costs while ruling out a full merger.
Chinese internet services giant Tencent Holdings and Japanese carmaker Honda Motor announced on Monday a tie-up to develop in-car infotainment systems for the Chinese market.