LIVE AT 2:30 2-hour wildfire evacuation notice issued for some Fort McMurray neighbourhoods
A wildfire evacuation alert for some Fort McMurray residents has been updated to a two-hour evacuation notice.
Nissan said Monday it is investing 2 trillion yen (US$17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.
The Japanese automaker's chief executive, Makoto Uchida, said 15 new electric vehicles will be available by fiscal 2030. Nissan Motor Co. is aiming for a 50% "electrification" of the company's model lineup, under what Uchida called the "Nissan Ambition 2030" long-term plan. Electrified vehicles include hybrids and other kinds of environmentally friendly models other than just electric vehicles.
The effort is focused mainly on electric vehicles to cut emissions and meet various customers' needs, said Uchida. Nissan also will reduce carbon emissions at its factories, he added.
The company has been struggling to put the scandal of its former Chairman Carlos Ghosn behind it. Ghosn, who led Nissan for two decades, after he was sent to Japan by French alliance partner Renault, was arrested in Tokyo in 2018 on various financial misconduct charges.
Uchida made no mention of the scandal but referred to "past mistakes" he promised won't be repeated at Nissan.
Nissan's "electrification" rests on developing a new ASSB, or all solid state battery, that it categorized as "a breakthrough" for being cheaper and generating more power than batteries now in use.
That means electric powertrains can be more easily used in trucks, vans and other heavier vehicles because the batteries can be smaller. The ASSB will be in mass production by 2028, according to Nissan.
The costs of electric vehicles will also fall thanks to the battery innovation to levels comparable with regular gasoline cars, Uchida said.
"Nissan has emerged from a crisis and is ready to make a new start," he said.
All top automakers, including Nissan's Japanese rival Toyota Motor Corp., are working on electric vehicles, amid growing concern over climate change and sustainability. Global consumers are also demanding more safety features.
Uchida said Nissan was hiring 3,000 engineers to strengthen its research, including digital technology for vehicles.
Nissan, based in Yokohama, Japan, has suffered recently from the computer chips shortage that's slammed all automakers because of lockdowns and other measures at chip factories to combat the coronavirus pandemic.
The maker of the Infiniti luxury models, Leaf electric vehicle and Z sportscar is projecting a return to profitability for the fiscal year through March 2022 after racking up two straight years of losses.
A wildfire evacuation alert for some Fort McMurray residents has been updated to a two-hour evacuation notice.
Saskatchewan RCMP have revealed that a historic sexual assault investigation has led to the discovery of crimes against children dating back to 2005.
Canadian LifeLabs customers who filed an application for a class-action settlement began receiving their payments this week, though at a much lower amount than initially expected.
Nobel laureate Alice Munro, the Canadian literary giant who became one of the world's most esteemed contemporary authors and one of history's most honoured short story writers, has died at age 92.
Wildfires have led Environment Canada to issue air quality advisories for parts of B.C., Alberta, Manitoba, Saskatchewan and the Northwest Territories, as forecasters warn the smoke could drift farther east.
An American accused of sexually assaulting a Pennsylvania college student in 2013 and later sending her a Facebook message that said, 'So I raped you,' has been detained in France after a three-year search.
The annual list of Canada's top restaurants in the country was just released and here are the places that made the 2024 cut.
Ontario Provincial Police are responding to a fatal collision involving two vehicles on Highway 417 in Ottawa's west end on Tuesday morning.
The Israeli flag is flying at Ottawa City Hall today to mark the country's national day, with plans to hold a private ceremony to mark Israel's Independence Day. There is a significant police presence at City Hall, including security barriers outside the main doors.
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A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.