The electric vehicle (EV) market is rapidly growing, estimated to reach $57 trillion by mid-century, reshaping economies and creating global rivalries. Chinese EV battery firms are expanding as major export players, posing challenges for Japanese automakers like Mazda and Honda in China. Despite the struggle, Japanese automakers like Nissan and Honda expect higher profits due to a weak yen and sales recovery, but they face challenges in China's car market. Meanwhile, Sony and Honda have raised their full-year profit forecasts, benefiting from a weaker yen and sales uptick.
Nissan and Honda said they expect higher profits this year than previously forecast, thanks to a weak yen and a recovery in sales, but that upbeat outlook is calmed by the various challenges they face in China, the world’s top car market Read more: https://t.co/K78VqEapmw https://t.co/dyLgmBlUCx
Nissan and Honda said they expect higher profits this year than previously forecast, thanks to a weak yen and a recovery in sales, but that upbeat outlook is calmed by the various challenges they face in China, the world’s top car market https://t.co/befH771QLk https://t.co/Q7WRRv1FvN
Nissan and Honda said they expect higher profits this year than previously forecast, a sign of how Japan's automakers are seeing some benefit from a weak yen currency and a recovery in sales Read more: https://t.co/K78VqEaXc4 https://t.co/rIL8FBRSYN
Nissan and Honda said they expect higher profits this year than previously forecast, a sign of how Japan's automakers are seeing some benefit from a weak yen currency and a recovery in sales https://t.co/befH771iVM https://t.co/TU6CzhFxGH
Nissan and Honda get some relief as weak yen amplifies uptick in sales https://t.co/JMnw4XUN7K https://t.co/ZTX9hYYPpX
Honda raised its full-year forecast for operating profit to $7.9 billion, but the figure falls short of analysts’ average projection, as the Japanese carmaker struggles for sales in China and higher costs offset the benefits of a weaker yen https://t.co/suCZwTm3tK
Honda posts 31% Q2 operating profit jump, raises full-year forecast https://t.co/6FfQMInbjd https://t.co/dUfGmk8ypO
Sony raises its full-year outlook for sales and profit as electronics and media spending stabilize and a weaker yen bolsters its global numbers https://t.co/AH7GYVK1Cw
Sony raises its full-year outlook for sales and profit as electronics and media spending stabilize and a weaker yen bolsters its global numbers https://t.co/oJ5gRgLgsb
Sony raises its full-year outlook for sales and profit as electronics and media spending stabilize and a weaker yen bolsters its global numbers https://t.co/dxw2kuRIUl
⚠️ NISSAN MORE THAN DOUBLES Q2 OPERATING PROFIT, BEATING ESTIMATES Full Story → https://t.co/YaHTjQNRGn Japan's Nissan Motor on Thursday more than doubled its operating profit in the July-September quarter, beating analysts' estimates. https://t.co/3qDUA2BJL3
Sony profit slides on chip slump, bumps up games unit forecast https://t.co/bHbJ9tnWOB https://t.co/xrebDphCHc
🚗 Honda posts 31% Q2 operating profit jump, raises full-year forecast Japan's Honda Motor posted a 31% increase in operating profit for the September quarter on Thursday, lifted by stronger sales in the United States and a weaker yen, and raised its full-year forecast by 20%.… https://t.co/WtgaMZIN8z https://t.co/ZUzHswgxvz
With trillions at stake, countries around the world are fighting to participate in the booming market for electric cars. https://t.co/UCRhTSChND
Struggling to compete with homegrown electric-vehicle makers in China, Japanese automakers are looking at whether to cut their losses and focus resources on warding off Chinese rivals in other stronghold markets. @riverakiradavis https://t.co/QEjosIvALI
With trillions at stake, countries around the world are fighting to participate in the booming market for electric cars https://t.co/8aojrMwJQs
The shift to electric cars is stoking new global rivalries https://t.co/3NpoNtZlul
Japanese automakers such as Mazda and Honda are struggling to compete with homegrown electric-vehicle makers in China and are looking at whether to cut their losses https://t.co/XJmkKJ10oQ https://t.co/XJmkKJ10oQ
Japan's Eneos raises full-year profit forecast on higher oil, weaker yen https://t.co/tjxxzOfmhd https://t.co/pkRTkbQlNz
The kingdom is looking to develop its electric vehicle market as its economy diversifies away from oil https://t.co/XIDf1BLCeW
Having charged up in their massive home market, Chinese electric-vehicle-battery firms are becoming major export players, too. The West’s efforts to protect its own markets might prove too little, too late. @jackycwong https://t.co/ie9u08bESd
The EV market is racing toward $57 trillion by mid-century, reshaping entire economies and creating new flashpoints along the way https://t.co/vgHtYJMRUn