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.
January 18, 2022Business, Technology, Equipment, Fuel
Chinese EVs Find Niche Making Shorthaul Deliveries in Japan
Business, Technology, Equipment, Autonomous
Volvo Sells UD Trucks Unit to Isuzu for $2.3 Billion
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.
December 18, 2019