IONNA’s Post

Great to see the dynamic in rebalancing the market here as we are locked into strong EV deployment growth. Powerside remain poised too to keep an eye on Power Quality as Distribution Grid dynamics are changing! Exciting times ahead!

Nissan Motor Corporation is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in #electricvehicle production costs by 2030, the Japanese carmaker announced this week. In a new medium-term business plan, #Nissan also said it would launch 30 new models by fiscal 2026, with 16 of these electrified. It's aiming for #EV and combustion engine costs to reach parity by 2030. #EnergyTransition #Innovation #urbanmobility #futuremobility #electricvehicles #automotive https://lnkd.in/ga5SUF7E

⚡ Stellantis Pro One is Preparing to Take Its New Models to the Roads - Stellantis Pro One, the commercial representative of Stellantis, is preparing to take its new generation models to the roads. Investing in all areas of automotive

News about automotive partnerships - EV development Nissan Motor Corporation and Honda are considering a strategic partnership to produce critical components for electric vehicles and AI in automotive software platforms. The partnership could help the two develop economies of scale in producing EVs. The companies signed a non-binding memorandum of understanding to examine areas of possible collaboration but have yet to determine the scope. They will explore cost-cutting measures and are open to working together in any region in Japan and overseas. The companies have six years to work together on EVs. #icws #automotiveindustry #partnerships #aiadoption #electriccar https://lnkd.in/eTxUkGZF

Nissan and Honda seeking EV partnership amid 'new competition. In a bid to stay ahead in the fast-paced electric vehicle (EV) market, Japanese auto giants Nissan and Honda are exploring a strategic partnership. This collaboration, announced in March 2024, will focus on co-developing crucial areas like automotive software, EV battery technology, and complementary products. Both companies acknowledge the growing importance of software, a sector where legacy car makers struggle against tech-focused newcomers. Consider the dominance of Tesla, whose market capitalization surpasses established giants like Toyota despite lower production volume. This highlights the shift in consumer preferences, where innovative in-vehicle technology now rivals engine efficiency, a traditional Japanese strength. To address this challenge, Nissan and Honda hope that by joining forces, they can reduce development costs, achieve economies of scale for battery production (the most expensive EV component), and accelerate software development. This collaboration has the potential to be a game-changer, influencing not just the future of EVs but also redefining leadership in the automotive industry. #EV #honda #Nissan #Tesla #BYD #battery #electricvehicle #Automotive #electricmobility

Nissan Motor Corporation is contemplating a collaboration with Honda Motor Co. in the #electricvehicle sector, potentially forging a formidable domestic alliance to compete with industry titan Toyota Motor Corporation. 🚗⚡️ While Nissan has been deepening ties with alliance partners Renault Group and Mitsubishi Motors Corporation in #EV development, Honda, historically cautious about partnerships, has been exploring EV ventures with Sony Group Corp. and General Motors Co. 🤝🔋 Both Japanese automakers have been intensifying efforts to bolster their EV endeavors in recent years. However, global EV leaders like Tesla Inc. and BYD Co. still maintain dominance in the #EVmarket. 🌐🔝 #Japan #autoindustry #electricalvehicles #evecosystem https://lnkd.in/entEYEz3

Nissan Motor Corporation and Honda join forces in a groundbreaking partnership, signing a Memorandum of Understanding to advance electric vehicle (EV) manufacturing. Their collaboration aims to meet the surging global demand for EVs amidst growing concerns over #Climatechange. The strategic alliance between the two auto giants will focus on sharing resources and #technological insights to accelerate #EV production. This includes intensive feasibility studies on automotive software platforms and core components to drive efficient manufacturing processes. Executives from both companies emphasized that despite being competitors, sharing technologies will not compromise their product lines. Instead, they aim to surpass China and the US in electric mobility, where over 50% of EVs are currently manufactured. Nissan CEO Makoto Uchida expressed optimism about the agreement, highlighting the common challenges faced by both companies and the potential for sustainable growth. While the Japanese motor industry has been hesitant in fully embracing electric vehicles, Nissan's proactive stance demonstrates a commitment to leading the charge towards a greener automotive future. #Evs #nissan #honda #growth #utomotive #hakunamatatamedia Source: The Kenyan Wall Street

🚗⚡ Stellantis Unveils Affordable EV! ⚡🚗 Big news in the auto world! Stellantis, one of the world’s largest automakers, just announced they will be offering an EV priced at less than $25,000! 🌟💰 This is an incredible opportunity for everyone to save money and invest in a vehicle that’s good for the environment. 🌱🌎 🔋 Why Consider Stellantis’ New EV? 1. Affordability: A high-quality EV for under $25,000. 2. Cost Savings: Save on fuel and maintenance. 3. Eco-Friendly: Reduce your carbon footprint. Would you consider making the switch to an EV at this amazing price point? If so, why not? #lithium #ev #tech

Nissan Steps on the Gas for EVs: Can They Deliver on the Promise (and the Price)? Nissan recently announced a two-pronged attack on the electric vehicle (EV) market (see article below), aiming to sell an additional 1 million EVs annually and significantly reduce production costs. This is ambitious, to say the least. Let's peel back the hood and examine the challenges: - Selling a million more EVs? Is the global market ready to absorb such a surge, especially considering existing competition and ongoing supply chain issues? - Slashing EV costs: magic trick or manufacturing marvel? How realistic are Nissan's cost-cutting goals? Can they achieve significant price drops without sacrificing quality or range? - Will these savings reach consumers? A million more EVs are great, but will dealerships translate those production cost cuts into lower sticker prices for consumers? Or will automaker margins eat up the benefits? But here's a real problem "The automaker also said it is targeting an operating profit margin of more than 6% by the end of fiscal 2026, as well as “long-term profitable growth.”. The business model for EVs is a step change I don't think the industry is ready for. Less reliance on parts sales and maintenance is tough. Transparency is key. Nissan, and other EV manufacturers, need to be clear about how they'll achieve these ambitious goals. The race to affordability. Can Nissan's strategy become a blueprint for the entire industry to bring down EV costs and accelerate mass adoption? Or will it simply take to long? Delivering on the promise. Ultimately, the success hinges on delivering high-quality, affordable EVs that meet consumer needs. Let's spark a conversation! Share your thoughts and hold Nissan, and the entire EV industry, accountable for these bold promises. #electricvehicles #sustainability #nissan #futureofcars #manufacturing #affordability https://lnkd.in/gb6ejbkg

Nissan & Honda to Enter a Partnership to Collaborate on EV Technology It is very rare to hear two major Japanese automakers coming together. Nissan Motor and Honda Motor are some of the biggest Japanese brand names. Both have recently decided to enter a partnership in the areas of automotive software and EV charging infrastructure. According to reports by Nikkei newspaper, the automobile giants are coming together to bring down their costs. Both Honda and Nissan announced back in March that they are working on building a strategic partnership in building electric vehicle components. The companies have expressed that they expect the global battery-powered automobile market to grow. This move is planned to help them both gain a larger market share. More at: https://lnkd.in/gAmFCF93