Shiho Takezawa

Business, Technology, Equipment, Fuel

Chinese EVs Find Niche Making Shorthaul Deliveries in Japan

EVs CATL's battery products. (Qilai Shen/Bloomberg News)

Logistics companies in Japan, striving to cut costs and make the most out of the pandemic-inspired online shopping boom, are finding an unlikely white knight in Chinese electric vehicle manufacturers, whose vans make last-mile deliveries not only cheaper, but cleaner as well.

Shiho Takezawa | Bloomberg News
January 18, 2022
Business, Technology, Equipment, Autonomous

Volvo Sells UD Trucks Unit to Isuzu for $2.3 Billion

 Quon model from UD Trucks Quon model by UD Trucks

Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in the global automotive industry.

Shiho Takezawa | Bloomberg News
December 18, 2019