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Floods in the northern Shanxi province, the biggest coal producer, are also leading to mine closures that could impact the wider electricity market. ....
Toyota Motor Corp and Contemporary Amperex Technology Co Ltd (CATL, 新能源科技), the world’s top battery maker, are closing plants in China’s Sichuan Province as a drought-induced power crisis worsens. The Japanese automaker shut a factory in the provincial capital of Chengdu and would keep operations suspended until Saturday, company spokesperson Shiori Hashimoto said. The Chengdu plant produces about 30,000 vehicles a year, including the Landcruiser Prado, the manufacturer’s Web site says. CATL halted activity at its major lithium battery base in the city of Yibin through the same date, a local business publication reported. The company did not respond to an e-mailed ....
(Reuters) - Japan's Toyota Motor Corp has cut its stake in Uber Technologies Inc by about half after the ride-hailing giant divested the autonomous dr. ....
By Maki Shiraki, Satoshi Sugiyama and Norihiko Shirouzu TOKYO (Reuters) - For decades, Japan's powerful automakers had a playbook to deal with deflati. ....