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February 23, 2025
 

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ELECTRIC VEHICLES

In its new medium-term business plan, Suzuki also included a goal to increase its sales to 8 trillion yen in the fiscal year beginning April 2030 from 5,374.2 billion yen in fiscal 2023.
BUSINESS / Companies
Feb 20, 2025
Suzuki targets operating profit of ¥800 billion in FY 2030
Suzuki will spend ¥4 trillion on research and development and capital investment over the six years to fiscal 2030.
Toyota agreed to transfer an existing order with LG Energy Solution to LG's battery plant in Michigan, sources said, after General Motors backed out of the project amid a slowdown in the growth of electric vehicle sales.
BUSINESS / Companies
Feb 19, 2025
Toyota is backing LG battery plant with $1.5 billion order
GM said in December it would sell its $1 billion stake in the Lansing, Michigan, plant, leaving LG scrambling to find new customers.
Toyota is investing in increased capacity for electric vehicles and has unveiled plans to establish a subsidiary in Shanghai.
BUSINESS / Companies
Feb 5, 2025
Toyota raises annual profit guidance despite quarterly income drop
The automaker now expects a profit of ¥4.7 trillion ($31 billion) for the fiscal year ending March, up from its previous forecast of ¥4.3 trillion.
The start date and production levels for battery-powered Nissan cars to be manufactured at a plant in Canton, Mississippi, will depend in large part on whether U.S. President Donald Trump and the Republican Congress follow through on vows to scrap a $7,500 tax credit and other incentives for buyers and makers of EVs.
BUSINESS / Companies
Jan 25, 2025
Nissan looks to Trump-proof North American production plans
Nissan may slow a planned ramp-up of electric vehicles made in the U.S. after halting output at a joint venture in Mexico.
Volkswagen ID. Buzz electric vehicles are lined up at the company's plant in Hanover, Germany, on Dec. 17.
BUSINESS / Companies
Jan 9, 2025
Germany electric vehicle sales go into reverse
Just 380,609 EVs were registered in 2024 in Europe's largest auto market, 27.4% fewer than in the previous year.
A lithium smelter in Yichun, Jiangxi province, China
BUSINESS / Tech
Jan 9, 2025
Stubbornly resilient lithium supply remains hurdle to recovery
Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
The decrease in sales of imported foreign-brand vehicles in Japan in 2024 was apparently because of Houthis attacks on ships that disrupted commercial shipping and rising materials costs that sent vehicle prices higher.
BUSINESS / Economy
Jan 9, 2025
Japan sales of foreign-brand vehicles fall 8.5% in 2024
Sales of foreign-brand vehicles priced lower than ¥4 million plunged 28.6%, while sales of those priced between ¥4 million and less than ¥10 million dipped 2.2%.
Prototypes for Honda 0 Series EVs, set to launch in 2026, were revealed on Tuesday in Las Vegas.
BUSINESS / Companies
Jan 8, 2025
Honda showcases U.S.-made EVs as it considers slowing investments
The firm plans to introduce 30 new electric vehicles globally by 2030.
A Panasonic Energy factory in the city of Kinokawa, Wakayama prefecture
BUSINESS / Companies
Jan 7, 2025
Panasonic Energy says cutting China supply for U.S. business a 'No.1 objective'
Incoming U.S. President Donald Trump's pledge to raise tariffs on imported Chinese goods has forced companies around the world to reassess their manufacturing processes.
A Tesla showroom in Beijing in January 2024. In today's world, the car isn’t the biggest moneymaker for automakers; instead, it is the services attached to the connected vehicle.
COMMENTARY / World
Jan 7, 2025
China’s EVs may change the world in unimaginable ways
China has about 100 EV brands and they claim about 80% of the new electric vehicle market.
U.S. President Joe Biden meets with President-elect Donald Trump in the Oval Office of the White House on Nov. 13. Trump’s presidency is expected to disrupt U.S. energy transition efforts through weakened policies and heightened trade tensions.
COMMENTARY / World
Jan 6, 2025
Can Biden’s green boom survive Trump’s wrecking ball?
The incoming administration of U.S. President-elect Donald Trump promises to undo at least some of the progress made on decarbonization under President Joe Biden.
TDK CEO Noboru Saito said the Tokyo-based company plans to start mass production of its third-generation silicon-anode cells from late summer.
BUSINESS / Companies
Jan 6, 2025
iPhone supplier TDK rolls out new batteries to keep pace with AI
From late summer, the Tokyo-based company plans to start mass production of its silicon-anode cells, which carry more energy than conventional ones.
A 2024 Toyota Prius Prime during the 2024 New York International Auto Show in New York last March
BUSINESS / Companies
Jan 4, 2025
U.S. new car sales rose to five-year high in 2024, helped by hybrids
Sales continued to rise from their pandemic lows, bolstered by replenished inventories, higher incentives and surging demand for hybrid vehicles.
A Tesla Cybertruck
BUSINESS / Companies
Jan 3, 2025
Tesla annual deliveries fall for first time as incentives fail to drum up demand
CEO Elon Musk had earlier predicted "slight growth" in 2024 deliveries and offered a range of promotions including interest-free financing and free fast-charging to boost sales.
BYD electric vehicles outside one of the company's dealerships in Beijing
BUSINESS / Tech
Jan 2, 2025
BYD chalks up new record as it narrows EV sales gap with Tesla
China’s BYD enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, as the two seek to be the top-selling electric-vehicle maker of 2024.
Nissan CEO Makoto Uchida and Honda CEO Toshihiro Mibe during a news conference in Tokyo on Monday
BUSINESS / Companies / ANALYSIS
Dec 25, 2024
Will Honda-Nissan tie-up deliver synergies in time to counter China?
Honda CEO Toshihiro Mibe has said the companies need to build up capabilities by 2030 or face being "beaten," but analysts question whether they have that much time.
Toyota is negotiating with local authorities and other parties involved to set up a wholly owned production plant in Shanghai in the wake of the Chinese government's foreign investment deregulation.
BUSINESS / Companies
Dec 24, 2024
Toyota eyes solo Lexus EV plant in Shanghai
The automaker, which currently ships Lexus models from Japan to China, intends to put the plant into production as early as around 2027.
A close up of EV batteries at the production unit of Inobat, a Slovakian battery maker in Voderady, Slovakia, on Dec. 11
BUSINESS / Tech
Dec 23, 2024
After Northvolt, Europe's battery hopes heavily rely on China
The norm in the future may be joint ventures that rely on China's low-margin electric vehicle battery dominance.
The flag of China is seen next to the elements of gallium and germanium on a periodic table.
BUSINESS / Markets
Dec 23, 2024
Tiny but vital metal markets rush to adjust to Chinese clampdown
Beijing this month slapped a ban on U.S.-bound exports of gallium, germanium and antimony in a tit-for-tat move in a technology trade war.
The Nio logo on a steering wheel of an electric vehicle at the automaker's dealership in Shanghai
BUSINESS / Tech
Dec 23, 2024
China’s Nio unveils $108,000 EV to take on Porsche and Mercedes
Once one of the brightest rising stars in China’s electric vehicle market, Nio has fallen short of sales targets, with U.S.-traded shares slumping about 50% this year.
Japan's Prince Hisahito to hold first news conference on March 3
Prince Hisahito heads to greet the Emperor and Empress on the occasion of his 18th birthday in Tokyo on Sep. 6.
Special website created 30 years after Tokyo subway sarin attack
Ahead of the 30th anniversary of the 1995 sarin nerve gas attack on the Tokyo subway system by Aum Shinrikyo, the Public Security Intelligence Agency launched a special website Friday.
LDP and opposition lock horns over Japan budget
Prime Minister Shigeru Ishiba in parliament on Friday
Japanese nationals returned from Myanmar as scam probe continues
Multinational victims of scam centers, who were allegedly trafficked into working in Myanmar and were sent to Thailand on Feb. 12 amid a mounting crackdown on scam centers operating along a porous border, queue to get food at a shelter in Tak province, Thailand, on Wednesday.
Over 80% of Japanese say death penalty system is 'unavoidable'
Former death row inmate Iwao Hakamata (left) and his sister, Hideko, attend a gathering of his supporters after his acquittal in a retrial over a 1966 murder case was finalized in October last year.
As Ukraine rift emerges, Kyiv's envoy says Japan must take on bigger global role
Ukrainian Ambassador to Japan Sergiy Korsunsky speaks during an interview at the Ukrainian Embassy in Tokyo on Monday.
Japan release of Shiori Ito's documentary in limbo
Shiori Ito, who won a civil suit over a rape case against a TV reporter, in 2018. Her former lawyers claim her documentary includes footage used without the consent of sources.
Abdul Hakim Sani Brown ready to sprint past Paris disappointment
Abdul Hakim Sani Brown (center) runs during a 100-meter heat at the Paris Olympics on Aug. 3, 2024.
What is the ceiling for sumo’s newest yokozuna?
Newly promoted grand champion Hoshoryu (center) performs a dedication ceremony at Meiji Shrine in Tokyo on Jan. 31.
‘Yasuko, Songs of Days Past’ puts overlooked star in the spotlight
“Yasuko, Songs of Days Past” centers on a real-life love triangle between poet Chuya Nakahara (Taisei Kido, left), actor Yasuko Hasegawa (Suzu Hirose, center) and literary critic Hideo Kobayashi (Masaki Okada).

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Tokyo Koon stands at the forefront of tackling the so-called 2025 issue, also known as the “Magnetic Tape Alert.”
The race to save 20th-century history
By Alex K.T. Martin

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