Japanese carmaker Nissan Motor Co Ltd and a Hitachi Ltd subsidiary said on Friday they plan to roll out a system to keep elevators running during blackouts by drawing power from the batteries of electric vehicles (EVs). Few cars today are capable of bi-directional charging, where vehicles can become a power source for homes, or feed energy back into the grid, though carmakers such as Ford Motor Co and Renault SA are among those jumping on the bandwagon. In what appears to be an early attempt in earthquake-prone Japan to make wider use of EV batteries, Nissan and Hitachi Building Systems Co Ltd are focused on keeping elevators running when the power supply is disrupted.
(Bloomberg) -- Renault SA and Nissan Motor Co. are moving ahead with a plan to recalibrate their two-decades-old alliance that has weakened over time, with executives agreeing to pursue a range of industrial projects and rebalance capital ties, according to people familiar with the situation.Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedNYSE Mayhem Traced to a Staffer Who Left a Back
The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk's declaration that Tesla Inc will be the world's No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry's center is no longer holding. The announcement that Akio Toyoda will step down as chief executive of the world's top-selling automaker on April 1 came just hours after Musk used a quarterly earnings call to declare that Tesla was now the auto industry's leader in profitability and manufacturing efficiency - the crown Toyota held for three decades. Toyota's incoming CEO, Koji Sato, faces a daunting task.