Automotive

Nissan shares plunge after profit warning

Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.

Business

Bosch to buy US firm's air conditioning business

Germany's Bosch said Tuesday it planned to buy heating, ventilation and air conditioning assets from Johnson Controls International, in an $8-billion acquisition it called "the biggest" in the group's history.

Energy & Green Tech

Indonesia launches first EV battery plant

Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.

Energy & Green Tech

Hydrovolt to open battery recycling facility in France

Norwegian battery recycling firm Hydrovolt said Tuesday that it will expand internationally by opening a facility in France, boosting a nascent hub for producing electric vehicle batteries.

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