Tag #Electric Vehicles

theguardian.com
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BYD Halts Brazil Factory Construction Amid Worker Exploitation

Brazilian authorities stopped construction of BYD's electric vehicle factory in Bahia after finding 163 Chinese workers in "slavery-like" conditions, including excessive hours, degrading living conditions, and passport withholding by contractor Jinjiang Construction Brazil, delaying the plant's Marc...

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40% Bias Score

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nbcnews.com
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Ghosn Warns of Nissan Job Losses in Potential Honda Merger

Former Nissan CEO Carlos Ghosn expressed concerns about a potential Nissan-Honda merger, predicting that Nissan would face significant cost-cutting measures and job losses due to operational overlaps; the merger aims to create the world's third-largest automaker by combining resources for EV develop...

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44% Bias Score

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us.cnn.com
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Honda and Nissan to Explore Merger Amidst Chinese Competition and Nissan's Financial Crisis

Honda and Nissan formally agreed to explore a potential merger within six months, aiming to form the world's third-largest automaker to counter Chinese competition and address Nissan's severe financial issues, including a 94% profit drop in the last six months and planned job cuts.

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pt.euronews.com
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Honda and Nissan Explore Merger to Boost Competitiveness

Honda and Nissan signed a memorandum of understanding on Monday to explore a potential merger, with Mitsubishi Motors also participating, aiming to create a more competitive entity in the global automotive market and address challenges in the electric vehicle sector.

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36% Bias Score

Industry, Innovation, and Infrastructure
faz.net
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Honda and Nissan to Merge, Creating Global Auto Giant

Honda and Nissan plan to merge by June 2025, creating the world's third-largest automaker, including Mitsubishi, to compete with Toyota and Chinese automakers, driven by the global shift toward electric vehicles and declining sales in China.

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36% Bias Score

Industry, Innovation, and Infrastructure
dw.com
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Honda and Nissan to Merge, Creating World's Third-Largest Automaker

Honda and Nissan, Japan's second and third-largest automakers, announced a merger agreement on Monday, aiming to create the world's third-largest car company by August 2026, driven by competition from Chinese automakers and financial pressures.

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52% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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Ghosn Warns of Nissan Job Losses in Honda Merger

Former Nissan CEO Carlos Ghosn voiced concerns that a planned merger between Nissan and Honda, announced Monday, would lead to significant cost-cutting at Nissan, while the companies stated that the merger would create the world's third-largest automaker with $54 billion market capitalization.

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44% Bias Score

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usa.chinadaily.com.cn
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Record Investment Fuels China's NEV Sector Growth

Avatr, Changan's NEV brand, raised $1.51 billion in Series C funding, the largest in China's auto industry this year, to fuel expansion, R&D, and its 2026 IPO, while U Power and Nio secured substantial investments to boost production and international presence.

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60% Bias Score

Industry, Innovation, and Infrastructure
lefigaro.fr
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Honda and Nissan to Merge, Creating Global Auto Giant

Honda and Nissan, facing challenges in the electric vehicle market and declining sales, are negotiating a merger to create the world's third-largest automaker by 2026, with Mitsubishi Motors to decide on participation by January.

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56% Bias Score

Industry, Innovation, and Infrastructure
faz.net
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Honda, Nissan, and Mitsubishi to Merge, Creating Global Auto Giant

Honda, Nissan, and Mitsubishi plan to merge by August 2026, creating the world's third-largest automaker to counter competition from Toyota and Chinese EV makers, driven by the global shift towards EVs and the struggles of Japanese automakers in the Chinese market.

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40% Bias Score

Industry, Innovation, and Infrastructure
faz.net
🌐 85% Global Worthiness
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Japanese Automakers to Merge Amidst EV Market Challenges

Faced with intensifying competition and declining electric vehicle sales, Honda, Nissan, and Mitsubishi signed a preliminary agreement on Monday to explore a potential merger, creating a global automotive giant.

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44% Bias Score

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cnbc.com
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Honda and Nissan Announce Merger Talks

Japanese automakers Honda and Nissan announced merger talks on January 8, 2025, aiming to create the world's third-largest automaker by 2030, driven by the need for greater scale in developing electric vehicle and intelligent driving technologies; Mitsubishi may also join.

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40% Bias Score

Decent Work and Economic Growth