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August 15, 2024
 

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ELECTRIC VEHICLES

U.S. President Donald Trump and SpaceX and Tesla CEO Elon Musk in Cape Canaveral, Florida, on May 30, 2020
BUSINESS / Companies
Aug 13, 2024
Musk scorns subsidies, but Tesla still lobbies for U.S. benefits
Despite Musk's gradual embrace of Trump, the company continues to lobby the U.S. and state governments for benefits championed by the Democratic Party.
Power lines on the highway between Shanghai and Suzhou, China, on Oct. 23, 2023
BUSINESS / Tech
Aug 12, 2024
China rapidly expands battery fleet but needs to start using it
China’s new energy storage capacity jumped to 44 gigawatts at the end of June, a 40% increase from the start of the year.
A charging cable is connected to a Hyundai electric vehicle at the 2022 Busan International Motor Show in Busan, South Korea, on July 14, 2022.
BUSINESS / Tech
Aug 8, 2024
Seoul EV explosion sparks safety fears, prompting charging rethink
Over 700 people were evacuated and 23 hospitalized after an unplugged electric Mercedes-Benz sedan caught fire in a Seoul underground parking lot.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo last week.
BUSINESS / Companies
Aug 6, 2024
Separate software efforts by Japan's carmakers may jeopardize success
The government has set a goal of having Japanese companies account for 30% of the software-defined vehicle market worldwide by 2030.
Formula E cars race during the Portland E-Prix in Oregon in June.
MORE SPORTS / Auto Racing
Aug 1, 2024
From race to road: Is Formula E fueling the future of green transport?
Formula E has helped hasten the development of technology for electric vehicles, making them easier to sell to consumers, but hurdles for EVs remain.
China always seems to be one step ahead of America in economic strategies, advancing in electric vehicle and battery production while the U.S. struggles to keep up with evolving trade and supply chain challenges.
COMMENTARY / World
Aug 2, 2024
West plays 'whack-a-mole' as China dominates EV and battery sectors
A more proactive, multilateral approach by the U.S. to supply chain and trade policy is necessary to counter China’s economic influence.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe shake hands prior to a joint news conference in Tokyo on Thursday.
BUSINESS / Companies
Aug 2, 2024
Honda-Nissan alliance completes Japan car industry consolidation
The carmakers' cozying up to one another follows Toyota acquiring stakes in Subaru, Suzuki and Mazda.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo on Thursday.
BUSINESS / Companies
Aug 1, 2024
Honda and Nissan to tighten ties on software, batteries and EV knowhow
Honda and Nissan sales fell about 40% and 27%, respectively, in June alone in China following the shutdown of some of their local plants.
Toyota's hybrids are selling well in North America, making up for sluggish demand for its vehicles in Japan and China.
BUSINESS / Companies
Aug 1, 2024
Toyota quarterly profit rises 17% on year as weak yen drives U.S. demand
Despite ongoing turmoil from a government probe that found issues with vehicle certifications, analysts still project the carmaker will post a record profit this year.
Toyota's global sales declined 4.7% in the first half of this year compared to the same period the year before.
BUSINESS / Companies
Jul 30, 2024
Toyota first-half sales fell even as hybrids and EVs gained in U.S.
Toyota’s global output — including that of subsidiaries Daihatsu Motor and Hino Motors — dropped 9.8% versus the first six months of 2023 to about 5 million units.
While traditional hybrid vehicles use gas to turn the wheels, a new crop of cars are burning it exclusively to charge a large onboard battery.
BUSINESS / Tech
Jul 28, 2024
A new wave of electric vehicles are ready to charge at 70 mph
But while fossil fuels may be a curious catalyst for sparking EV sales, the strategy is arguably far greener than it looks.
Workers install a battery for an electric vehicle at a Mitsubishi factory in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Jul 28, 2024
Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports
The push comes as Nissan, Japan's third-largest automaker, has been steadily losing market share in its two biggest markets: the United States and China.
Nissan initially had an early-mover advantage when it launched the Leaf in 2010, the first electric vehicle by a major global manufacturer, but the company recently has been unable to leverage its EV edge.
BUSINESS / Companies
Jul 26, 2024
Nissan's global production cuts imperil CEO’s recovery plan
Nissan’s disappointing results only add to the challenges facing CEO Makoto Uchida.
Men inspect an electric car at a showroom in Riyadh in June. Although the EV market in Saudi Arabia remains small compared with the United States and China, it tripled last year to nearly 800 cars.
BUSINESS / Tech
Jul 25, 2024
EV adoption gathers steam in fossil fuel-rich Saudi Arabia
The kingdom's EV market tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah.
People visit the Volkswagen booth at the Beijing International Automotive Exhibition, on April 25.
BUSINESS / Companies
Jul 24, 2024
Volkswagen is reeling in China. Can EVs help it grow in the U.S.?
Volkswagen CFO Arno Antlitz said the company expects to continue losing China market share and hopes to merely maintain its position in Europe.
Attendees inspect a Lamborghini Revuelto high performance electrified vehicle on the opening day of the Geneva International Motor Show Qatar 2023, in Doha on Oct. 6, 2023.
BUSINESS / Tech
Jul 22, 2024
In the world of luxury cars, hybrids are the sexiest new thing
Engineers insist the technology is as much about getting more performance out of existing combustion engines as it is about going green.
People visit the Xpeng booth during the 20th Shanghai International Automobile Industry Exhibition on April 19, 2023.
BUSINESS / Tech
Jul 22, 2024
Volkswagen and Xpeng deepen software collaboration across EVs in China
Chinese electric vehicle maker Xpeng said that it has entered into a technical collaboration agreement with Volkswagen.
A Maruti Suzuki India showroom in New Delhi. Suzuki hopes to grab 50% share of the Indian market by 2030, targeting 15% of its sales in India to be electric vehicles by that time.
BUSINESS / Companies
Jul 22, 2024
Suzuki sees India’s automobile market growing fivefold by 2047
Promising growth in the electric vehicles segment is putting the South Asian country's car market on track to reach 20 million units by 2047.
Workers assemble a car inside BYD's first electric vehicle factory in Southeast Asia in Rayong, Thailand, on July 4.
BUSINESS / Economy
Jul 15, 2024
Thai economy faces upheaval due to factory closures
Scores of companies are shuttering in Thailand, which is bearing the brunt of cheap imports from China and factors including rising energy prices and an aging workforce.
BYD electric vehicles before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier in Jiangsu province, China, on April 25.
BUSINESS / Markets
Jul 5, 2024
China-built EVs hit with duties in biggest EU trade case yet
The tariffs remain provisional while intensive talks continue between Chinese and EU officials as Beijing threatens wide-ranging retaliation on European products.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

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

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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