Urban Mobility
TOKYO, Aug 5 (Reuters) – Nissan Motor Co is discussing with Panasonic Corp and overseas companies including Chinese firms the possible sale of its controlling stake in a car battery manufacturing venture, the Nikkei daily reported on Friday. The Japanese automaker wants to sell its 51 percent stake in Automotive Energy Supply Corporation, which is jointly owned by NEC Corp,
Read moreIran Khodro Co., an automaker based in Tehran, is reportedly in discussions with LG Chem to provide battery cells for its upcoming plug-in electrified vehicles (PEVs). Iran Khodro’s CEO Hashem Yekke-Zare, says that “negotiations are underway” and that a deal may be struck as soon as this fall. Iran Khodro plans to produce 60,000 PEVs by 2023, and LG Chem
Read moreBYD Co. is in talks with several of China’s smaller cities on building monorail systems to preempt traffic congestion spurred by rapid growth in automobile ownership. Monorail systems are a potential 3 trillion yuan ($450 billion) market in China, based on an average 70-kilometer (43.5-mile) network in each of an estimated 300 cities, and will become a new major growth
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