1995 Nissan 300zx Twin Turbo on 2040-cars

Auto blog

Nissan shares slide 5% after report Renault exploring stake reduction

TOKYO — Shares of Nissan Motor Co slumped 5% on Monday, their biggest fall in more than a month, following a report that top shareholder Renault may consider lowering its stake in the Japanese automaker. Bloomberg reported on Friday that Renault may consider lowering its Nissan shareholding as part of plans to separate its electric vehicle business. The French car maker has been pushing ahead with plans to split its electric and combustion-engine businesses in an attempt to catch rivals such as Tesla and Volkswagen On Friday, Renault said all options were on the table for separating the electric vehicle business, including a possible public listing in the second half of 2023. Any plans would be subject to approval from alliance partner Nissan, Renault finance chief Thierry Pieton said, adding the Japanese automaker was "in the loop" as Renault weighed up its options. Renault and Nissan have declined to comment on the report. Shares of Nissan fell to 509.8 yen in Tokyo, marking their biggest one-day decline since early March and underperforming an almost 2% drop in the Nikkei index. The car makers' two-decade-old alliance, which includes Mitsubishi Motors, was rocked by the 2018 ouster of alliance founder Carlos Ghosn amid a financial scandal. They have since pledged to pool more resources. In January they said they would work more closely together to make electric cars. They detailed a $26 billion investment plan for the next five years. But their unequal relationship has long been a source of friction in Japan. Renault owns 43.4% of Nissan, which in turn has a 15% non-voting stake in its shareholder. Renault bailed out Nissan two decades ago, but is now the smaller automaker by sales. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Earnings/Financials Green Mitsubishi Nissan Renault

ROEV lets you use multiple charging networks with one account

It may be a textbook case of a first-world problem, but any EV driver who doesn't want to carry two or three plug-in vehicle charging station cards when one would do is about to get a little smile on their face. This morning at the LA Auto Show, the new ROEV Association was announced that will let EV drivers carry just the one card. While you would think the all-caps ROEV stands for something, none of the pre-announcement materials nor the website explain it that way. Instead, it seems to just be a play on rove, which makes a lot of sense. There are three charging networks involved in ROEV: Blink, ChargePoint, and EVgo. Conveniently, these are the three largest in the US and have a combined 17,500 public chargers across the country. If you've got an account with one of these three networks, once ROEV goes into effect (expected in the spring of 2016), you'll be able to use that card at any participating charger without signing up for another account. Your personal details are kept private, ROEV says, and the companies coordinate behind the scenes to make it work. Pricing details were not disclosed. Besides the three main charging networks, two automakers are also founding members of ROEV: BMW and Nissan. ROEV says that Audi and Honda have also have already joined the Association and the organization wants to pull in all EV stakeholders to make electric vehicle charging easy. Fans of EV technology will note that ROEV has nothing to do with promoting either the CHAdeMO or the SAE Combo (CCS) fast charging standard. The Leaf is a CHAdeMO car while the i3 uses CCS, for example. The charging networks, of course, provide both kinds of plugs and don't promote one over the other. Tesla and its Supercharger network are not involved in ROEV, but Tesla drivers can, of course, participate in ROEV.

Nissan Leaf battery cells put through torture test, live to charge again

One minor chink in the armor of the Tesla Model S is that a small number have caught fire, once their battery packs were penetrated. Nissan Leaf drivers, however, might just be able to weather such an event without an ensuing CarBQ. Our evidence for such a claim? A video that has surfaced of cells from a Leaf pack undergoing a battery of torture tests (pun somewhat-ashamedly intended). Shared by folks at the Hybrid Auto Center in Las Vegas – who offer for sale, among other things, used Leaf lithium battery modules – the footage shows salvaged cells being brutally assaulted with a screwdriver, and later, a propane torch. Granted, these tests are not the same thing as flinging a piece of metal into a working pack at 70 miles per hour, but they do claim to show that a puncture does not always equal a fire. Oh, and don't try this at home. When pierced through by the flat head tool, there is no explosion or eruption of flame. Instead, a rather modest wisp of smoke shyly emerges as the electrolyte next to the shorted area of the fully-charged foil pouch reacts with the influx of oxygen. Again and again, the blade descends, until the cell is riddled with holes. No fire. Amazingly, when connected with a voltmeter afterward there are still plenty of signs of life, and when it is charged and discharged (off-camera), it reportedly suffers only a slight loss of charge capacity. The video goes on to show another cell attacked with open flame with similar results. While the demonstration is, perhaps, somewhat crude, the message it sends is loud and clear: lithium batteries can be safe and rather robust, despite some freak accidents. Scroll below to watch the short presentation for yourself. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.