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Nikkei rises but weaker dollar caps gains

2018-01-15 thehindubusinessline
Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. The Nikkei ended 0.26 per cent higher at 23,714.88 for its first session of gains in four days. (4-0)

Nikkei rises but weaker dollar caps gains, SoftBank climbs

2018-01-15 reuters
TOKYO, Jan 15 (Reuters) - Japan’s Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar’s weakening against the yen capped gains. (4-0)

400 Deaths a Day Finally Prompt India to Target Road Safety - Bloomberg

2018-01-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (11-0)

EV tech venture to get boost from Suzuki, Subaru, Daihatsu and Hino

2017-12-31 japantimes.co.jp
Four automakers plan to join the electric vehicle technology development project formed by Toyota Motor Corp., Mazda Motor Corp. and Denso Corp., it was learned Sunday. (4-1)

Auto sector: A roller-coaster ride as govt and apex court serve a triple-whammy

2017-12-26 thehindubusinessline
Demonetisation, BS-III vehicle ban and GST rollout made for a bumpy journey, but the industry bounced back after each disruption (7-0)

This week in Auto: Honda overtakes Hero, Maruti targets 2020 launch for EV, Hyundai cars to get costlier

2017-12-23 moneycontrol
As 2017 nears a close automotive companies are busy charting plans ahead for the year ahead. While some are rethinking their product plans,  some have fast-tracked launch schedules, especially for  products in segments with high traction. Here’s a look at what made headlines during the week gone by in the auto sector. (6-0)

Suzuki chief discusses with Modi feasibility of making e-vehicles and the hurdles ahead

2017-12-22 thehindubusinessline
The Chairman of Suzuki Motor Corporation (Japan), Osamu Suzuki, called on Prime Minister Narendra Modi to share the company’s future plans in India and to discuss the feasibility of electric vehicles in the country. (4-0)

While agile startups blaze a trail, Japan remains ambivalent on electric vehicles

2017-12-22 japantimes.co.jp
Despite growing interest in electric vehicles amid stricter curbs on greenhouse gas emissions, globally renowned Japanese carmakers have yet to totally embrace the challenge — raising concerns they may fall behind emerging rivals. (6-0)

No point in making electric cars if they are not affordable for mass-market: Maruti Suzuki

2017-12-21 moneycontrol
Maruti Suzuki’s parent company Suzuki Motor Corporation and the world’s largest car maker Toyota may have joined hands to jointly develop electric cars but if they remain out of bounds for the mass-market buyers then there is no point in making them, top officials of Maruti Suzuki said today.

India's Electric Vehicle Market Is On The Rise

2017-12-20 agmetalminer
India represents one of the biggest automobile markets in the world, with about 3 million petrol and diesel vehicles having been sold last fiscal year. (8-0)

Toyota to market over 10 battery EV models in early 2020s

2017-12-18 channelnewsasia
Toyota Motor Corp said it would market more than 10 all-electric vehicle (EV) models globally in the early 2020s, a target which could require the firm to look beyond a partnership with Panasonic Corp to co-develop and supply batteries. (6-0)

India among first markets in Toyota#39;s global EV launch plans

2017-12-18 moneycontrol
Japanese auto major Toyota today said it will launch more than ten battery electric vehicles by early 2020s starting in China, with India to be among the first markets along with the US and Europe besides its home turf. (4-0)

Toyota to make over 10 battery EV models in early 2020s

2017-12-18 channelnewsasia
Toyota Motor Corp on Monday said it will market more than 10 all-electric vehicle (EV) models globally in the early 2020s, and that investment to develop their batteries is likely to exceed US$13 billion (1.5 trillion yen) through 2030. (6-0)

Top VC deals: Shipt and Shazam get acquired and Koch backs start-ups

2017-12-16 cnbc
Target is acquiring same day delivery start-up Shipt for $550 million, the companies announced on Wednesday. Shipt, which is based in Alabama and has an office in San Francisco, will continue to work with other retailers even after the deal. Shipt's competitors include Instacart and Postmates. But the deal is seen as an attempt by Target to compete against Amazon, especially around groceries. Prior to the deal, Shipt had raised $65. (2-0)

Hungary courts Tesla with tax breaks, incentives -MTI

2017-12-15 reuters
BUDAPEST, Dec 15 (Reuters) - Hungary’s foreign minister has met executives of electric vehicle manufacturer Tesla during a tour of Silicon Valley, extolling tax breaks and other incentives offered to car makers, national news agency MTI reported on Friday.