Shizuka Tanabe

Journalist at Nikkei Asia

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Articles

BYD takes on German rivals in China's luxury SUV market

2 weeks ago | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- Chinese EV giant BYD is accelerating into its home market for premium SUVs, looking to challenge the dominance of German brands such as Audi and Mercedes-Benz in the sector. In late March, BYD unveiled its Denza N9 luxury SUV at its headquarters in Shenzhen, Guangdong province, joining local rivals in launching models that feature the number nine in their names. In Chinese culture, nine is considered an auspicious number, symbolizing longevity, supremacy and perfection.
Honda to halve engine output capacity at key Chinese plant

2 months ago | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- Honda Motor will halve the engine production capacity at a plant in China's Guangdong province in the face of rapidly accelerating demand for electric vehicles in the world's No. 2 economy, Nikkei has learned. The move marks the first reduction in the Japanese company's capacity to churn out combustion engines in China, impacting a capacity that accounts for the equivalent of roughly 30% of its gasoline engine-powered vehicle sales in the world's largest auto market.
TSMC clamps down and CATL goes for distance

Nov 13, 2024 | ft.com | Cissy Zhou |Cheng Ting-Fang |Lauly Li |Eleanor Olcott |Shizuka Tanabe

Hello everyone. This is Cissy from Hong Kong. It’s been a hectic week for the tech industry.
China's CATL takes on BYD with long-range hybrid battery

Nov 10, 2024 | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- China's Contemporary Amperex Technology (CATL), the world's largest supplier of electric vehicle batteries, seeks to capture growing demand for plug-in hybrid with a new compound battery pack that promises a range of 400 km.
China's auto sales dip 5% in August, down for 3rd straight month

Sep 10, 2024 | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- Chinese sales of new automobiles, including exports, declined for the third straight month in August, industry data released Tuesday shows, as domestic demand for passenger cars fell amid weak consumer spending. Sales of electric cars and other new energy vehicles (NEVs), however, were relatively strong, accounting for more than half total passenger auto sales.
Honda scales back factory workforce at 2nd China joint venture

Sep 9, 2024 | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- Honda Motor will reduce staffing at its Chinese joint venture with Dongfeng Motor Group, Nikkei learned Monday, the Japanese automaker's second joint venture in China to undergo job cuts as the country's consumers shift away from gas engine cars. Dongfeng Honda Automobile in late August began seeking volunteers for early retirement. The recruitment drive ended this month.
BYD, Geely soar in China's crowded field as state carmakers slump

Sep 8, 2024 | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- BYD and Geely Automobile Holdings were among China's major private automakers to report profit growth in the January-June half, while SAIC Motor and other state-owned operators struggled in a crowded market. BYD saw net profit grow 24% on the year to 13.6 billion yuan ($1.9 billion), a record for the first half and the highest among 10 leading Chinese carmakers that had reported results as of the end of August. Vehicle sales rose 28% to 1.61 million units.
With 24 km bridge-tunnel link, Shenzhen tech hub set to sprawl further

Aug 30, 2024 | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- Businesses based in the Chinese high-tech capital of Shenzhen are gearing up to branch out to other cities now that a new bridge and tunnel system has eased travel across the Pearl River estuary. Spanning 24 kilometers (15 miles), the Shenzhen-Zhongshan Link was welcomed by locals for cutting travel time between the two cities to just 30 minutes from the previous two hours.
Airfare from Asia falls as Chinese carriers add flights

Aug 15, 2024 | asia.nikkei.com | Eiki Hayashi |Shizuka Tanabe

FRANKFURT/GUANGZHOU -- Airfare for international flights to and from Asia is falling as Chinese airlines aggressively expand cross-border service amid softening post-pandemic travel demand. "Compared to last year's summer break, the prices of tour packages have gone down considerably," said a representative of a travel agency in the Chinese city of Shenzhen. "Family group tours have been especially popular."
CATL markets itself directly to consumers in rivalry with BYD

Aug 13, 2024 | asia.nikkei.com | Shizuka Tanabe

GUANGZHOU -- Electric-vehicle battery giant CATL has opened a showroom in Sichuan province to promote domestic- and foreign-branded autos that use its batteries, stepping up competition with such rivals as BYD in the heated Chinese market. Formally known as Contemporary Amperex Technology Co. Ltd., the world's leading maker of EV batteries opened the Ning Space "new energy experience center" in Chengdu on Saturday.