6 result(s) displayed (1 - 6 of 6):

Nissan hiring, investing $700M for battery plants (from Corporate Dealmaker)

The U.K. and Portugal are offering government assistance for Japan's No. 3 automaker, Nissan Motor Co. Ltd. (NASDAQ:NSANY), to create lithium-ion battery plants in their countries as electric and hybrid vehicles come to market globally. The projected annual capacity for each plant is 60,000 units.Earlier this year, Nissan cut about...

Posted on July 20, 2009 11:58 AM

Nissan's Ghosn 'not worried' about selling e-cars (from Corporate Dealmaker)

Japan's Nissan Motor Co. Ltd. (NASDAQ:NSANY), slated to receive a piece of the $25 billion the U.S. Department of Energy set aside for makers of fuel-efficient cars, will debut its first electric vehicle in August. Nissan plans to sell the cars -- with a 100-mile battery life -- in Japan...

Posted on June 23, 2009 10:23 AM

Japanese tech M&A overdue, who will deal? (from Corporate Dealmaker)

The overcrowded Japanese electronics market has seen tens of thousands of layoffs as firms try to cope with the recession. Panasonic Corp. is trying to kick off the M&A wave by buying Sanyo Electric Co. But that takeover has stalled as the firms announced a combined 16,200 job cuts.Still, a...

Posted on February 20, 2009 3:51 PM

Toshiba deals to fight Japanese, world recession (from Corporate Dealmaker)

Oversupply and weak demand in the semiconductor industry is strangling Tokyo's Toshiba Corp. It has been widely reported that Toshiba is in talks to merge part of its chip operations with the semiconductor unit of NEC Corp., the Japanese PC maker that just said it would cut 20,000 jobs. Industry...

Posted on January 30, 2009 12:16 PM

Sanyo, Volkswagen battery JV continues auto sector trend (from Corporate Dealmaker)

Clearly, bringing electric cars to market takes teamwork. Yet another joint venture was formed Wednesday to co-develop next-generation lithium-ion battery systems. Sanyo Electric Co. Ltd., which controls the greatest market share for the technology, is injecting ¥80 billion ($764 million) into a JV with Volkswagen AG...

Posted on May 28, 2008 2:47 PM

Nissan full steam ahead on electric JV (from Corporate Dealmaker)

Nissan Motor Co. Ltd. has been front and center in May with automotive joint ventures. On Monday, it announced with NEC Corp. that its JV, Automotive Energy Supply Corp. (AESC), began operations to mass produce high-performance lithium-ion batteries for electric cars. Those are the same types of batteries used...

Posted on May 19, 2008 3:01 PM