Nissan to sell Headquarters, Volkswagen to Develop In-House chips
Nissan Motor Co. is planning to sell its Yokohama headquarters building, according to reports on November 6th. The move is part of a broader restructuring effort by the automaker.
Separately, Volkswagen Group is accelerating plans to develop its own automotive chips, aiming for greater control over its supply chain and technological independence. The initiative reflects a growing industry trend toward in-house chip development amid global semiconductor shortages.
These developments were highlighted in the ”Automotive Morning participation” report from Oriental Fortune Network on November 6th.
additionally, Li Auto is reportedly investing in battery technology companies to bolster its competitiveness in the electric vehicle market and support the development of EV charging infrastructure. This move is expected to attract investor attention to the battery sector and boost confidence in new energy markets.
Zhuanfeng Intelligent Technology (Shenzhen) Co.,Ltd., a new intelligent technology company, was recently established wiht a registered capital of 28 million yuan. The company is jointly owned by Pony.ai subsidiaries, Toyota Motor (China) Investment Co., Ltd., and GAC Toyota Motor Co., Ltd.,and will focus on intelligent instrumentation manufacturing,auto parts sales,and charging pile sales,including centralized fast charging stations. This venture signifies a deepened collaboration between Pony.ai and Toyota in the smart car sector.
(Source: Daily Economic News)
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