The push entails rolling out 35 new battery-powered cars by the end of the decade across five common manufacturing platforms. It relies on burden-sharing when it comes to developing new technologies such as next-generation batteries, automated-driving features and software.
On the surface, the alliance’s “leader-follower” strategy — where each company occupies the driver’s seat in certain regions and for some technologies, and takes the back seat in others — makes perfect sense to cut costs and complexity. For all the smiling and happy talk Thursday, it’s hard to fathom how tensions have been fully resolved behind the scenes. The alliance nearly fell apart in the aftermath of former leader Carlos Ghosn’s arrest in 2018. Hari Nada, the mastermind behind the corporate coup to dethrone Ghosn, is still with Nissan, and there’s still a cross-shareholding imbalance that’s long been a source of tension.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Illegal electric connection shocks grieving mother a day after killing her childThe day after her four-year-old was electrocuted by a fence due to illegal electricity connections the child's mother was shocked by the same fence.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Volvo’s first electric car goes on sale in SAPhuti Mpyane gets a look and touch of the XC40 P8 Recharge with Volvo MD Greg Maruszewski Bad investment.
Source: BDliveSA - 🏆 12. / 63 Read more »
REGISTER | Business Day Dialogue on transforming SA’s economySPONSORED | ArenaEventsZA Join finance minister Enoch Godongwana and experts from the SA-TIED programme for an insightful webinar on January 27 2022. This event is free — REGISTER NOW.
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: KickOffMagazine - 🏆 36. / 51 Read more »