This collaboration could allow Nissan to improve utilisation rates at the Oppama site by allocating surplus production lines to Foxconn. It would also help protect jobs, as shutting down the Oppama facility would be costly for the company and its workforce.<\/p>\n
Foxconn has been aggressively expanding into electric vehicle manufacturing through a series of joint ventures around the world. In 2024, the company acquired a 50 per cent stake in a chassis subsidiary of German auto parts giant ZF. A joint venture with Nissan is also being considered for the use of the Oppama plant.<\/p>\n
Painful spikes<\/p>\n
The chief executive of Hitachi Energy has warned that Big Tech\u2019s spiking electricity use as it trains artificial intelligence must be reined in<\/a> by governments in order to maintain stable supplies, writes the Financial Times\u2019 Harry Dempsey<\/strong>.<\/p>\n Andreas Schierenbeck, who heads up the world\u2019s largest transformer maker, said that no other industry would be allowed as volatile a use of power as the AI sector.<\/p>\n Huge surges in power demand at data centres training AI models, along with a bumpy renewable energy supply, meant \u201cvolatility on top of volatility\u201d was making it challenging to keep the lights on, Schierenbeck told the FT.<\/p>\n \u201cAI data centres are very, very different from these office data centres because they really spike up,\u201d he said. \u201cIf you start your AI algorithm to learn and give them data to digest, they\u2019re peaking in seconds and going up to 10 times what they have normally used.<\/p>\n \u201cNo user from an industry point of view would be allowed to have this kind of behaviour \u2014 if you want to start a smelter, you have to call the utility ahead,\u201d Schierenbeck added, while advocating for data centres to have similar rules applied to them by governments.<\/p>\n AI\u2019s next generation The \u201cDeepSeek moment\u201d has revived investors\u2019 appetite for Chinese tech stocks, which had languished since Beijing\u2019s crackdown on the once-glittering sector. But some of the latest AI darlings, such as Manus, look to distance themselves from China in a bid to expand overseas<\/a>, writes Nikkei Asia\u2019s Cissy Zhou<\/strong>.<\/p>\n Since its sudden rise to fame, Manus has quietly moved its headquarters to Singapore and has started to aggressively recruit local talent this month, while at the same time laying off more than half of its employees in China, except some key AI engineers, according to people familiar with the matter. The move comes as the start-up seeks international investment in the face of US restrictions on funding Chinese AI companies.<\/p>\n More broadly, China\u2019s appetite for AI-driven capital expenditure remains robust, despite Washington\u2019s restrictions on shipments of Nvidia\u2019s H20 chips, according to research by Jefferies. The investment bank said China has built up sufficient chip inventories to sustain data centre growth at least through the first half of 2026.<\/p>\n Supercharged ambitions<\/p>\n V-GREEN, the company that runs charging stations for VinFast\u2019s electric cars and bikes, aims to expand its network in its home market of Vietnam more than sixfold to 1mn ports in three years<\/a>, write Nikkei\u2019s Yuji Nitta <\/strong>and Mai Nguyen<\/strong>.<\/p>\n The target highlights automaker VinFast\u2019s ambitious targets for its home country, where government officials are slowly rolling out policies to support electric vehicle adoption. The automaker sold nearly 90,000 vehicles in Vietnam last year and aims to at least double that figure this year.<\/p>\n V-GREEN has also recently expanded to the Philippines and Indonesia, though the company says it is facing challenges in terms of technical standards, regulatory frameworks and legal procedures in overseas markets.<\/p>\n Suggested reads<\/p>\n Indonesia\u2019s growing exodus of skilled talent worries local industries<\/a> (Nikkei Asia)<\/p>\n<\/li>\n Why carmakers need to bring back buttons<\/a> (FT)<\/p>\n<\/li>\n Samsung profits take big hit from US chip controls and AI memory shortfalls<\/a> (FT)<\/p>\n<\/li>\n Singapore\u2019s DayOne Data Centers eyes Japan, Thailand for growth<\/a> (Nikkei Asia)<\/p>\n<\/li>\n Toray unit debuts advanced chip analysis services in US<\/a> (Nikkei Asia)<\/p>\n<\/li>\n OpenAI clamps down on security after foreign spying threats<\/a> (FT)<\/p>\n<\/li>\n Japan, UK firms seek to build \u2018world\u2019s first\u2019 floating data centre<\/a> (Nikkei Asia)<\/p>\n<\/li>\n Shein files for Hong Kong IPO to pressure UK to save London listing<\/a> (FT)<\/p>\n<\/li>\n Apple supplier Lens Tech opens 4% up on first Hong Kong trading day<\/a> (Nikkei Asia)<\/p>\n<\/li>\n Chip software makers say US restrictions on sales to China lifted<\/a> (FT)<\/p>\n<\/li>\n<\/ol>\n #techAsia is co-ordinated by Nikkei Asia\u2019s Katherine Creel in Tokyo, with assistance from the FT tech desk in London.\u00a0![\"Column](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/https:\/\/d6c748xw2pzm8.cloudfront.net\/prod\/57e52750-5c75-11f0-ad7f-97d027c3854d-standard.png\")
<\/p>\n\n
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