- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says 'very violent' Israeli strikes hit south Beirut
- Guardians maul Tigers, miracle Mets rally in MLB series openers
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Madrid beat Villarreal but Carvajal suffers knee injury
- Madrid beat Villarreal to move level with Liga leaders Barcelona
- Monaco take top spot in Ligue 1 with win at Rennes
- French rugby player on rape charge whistled but 'serene' on return
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Toddler among 3 dead in migrant Channel crossings
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Kovacic stars as Man City sink Fulham to get title bid back on track
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Thousands march for Palestinians ahead of Oct 7 anniversary
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Toddler crushed to death in migrant Channel crossing
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
- Child 'trampled to death' in asylum seekers' Channel crossing: minister
Nissan alliance to invest $25 bn in electric vehicles over 5 years
The Nissan auto alliance said Thursday it will invest 23 billion euros ($25.7 billion) in electric vehicles over the next five years, marking the latest massive cash injection into the fast-growing sector by the auto industry.
Nissan, Renault and Mitsubishi Motors said the latest outlay followed more than 10 billion euros already spent on its "offensive strategy in electrification", promising 35 new electric models by 2030.
Major global carmakers are increasingly prioritising electric and hybrid vehicles as concern about climate change grows. At present, around 10 percent of European car sales are EVs, but the US figure is just two percent.
"The three member companies have defined a common roadmap towards 2030, sharing investments in future electrification and connectivity projects," alliance chair Jean-Dominique Senard said in a statement.
"Together, we are making the difference for a new and global sustainable future."
To achieve its goals, the alliance said it aimed to increase co-operation on common platforms from 60 percent to 80 percent of its models by 2026.
The companies also announced a goal of reaching a total electric vehicle battery production capacity of 220 Gigawatt hours by the end of the decade, with Japan's Nissan tasked with leading the development of solid-state battery technology.
Nissan has been battered by a series of problems in recent years, from weak demand even before the pandemic, to the fallout from the arrest and subsequent escape of former boss Carlos Ghosn.
After falling behind rivals during the Covid crisis, it has started to claw its way back, tripling its full-year net profit forecast in November despite the impact of a global chip shortage.
Ghosn's arrest exposed rifts in Nissan's alliance with Japan's Mitsubishi Motors and France's Renault, but the firm's number two Ashwani Gupta told AFP last year the partnership was "stronger now" and had helped the three firms weather the chip crisis and supply shortages.
Y.Kobayashi--AMWN