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November 22, 2024
 

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ELECTRIC VEHICLES

China's dominance in the electric vehicle market has prompted the European Union to take action regarding economic security.
COMMENTARY / World / Geoeconomic Briefing
Nov 7, 2023
How electric vehicles became subject to EU economic security
The bloc has felt the pressure from China in the EV market, leading it to take steps to better protect vehicles, batteries and materials.
Tesla Model 3 vehicles at the company's factory in Shanghai in January 2020
BUSINESS
Nov 5, 2023
Cooling EV sales have Tesla, GM and Ford rethinking investments
While the battery-powered vehicle market is still expanding, the pace of growth has slowed considerably.
A man herds yaks during in the Tibet Autonomous Region. Beijing has begun to exploit vast deposits of Lithium on the Tibetan plateau — around 85% of the country's total reserves.
ENVIRONMENT / Energy
Nov 2, 2023
China lithium boom harming fragile Tibetan plateau: report
The world's biggest EV market largely relied on other countries for the lithium needed in batteries — but that is changing.
Toyota President Koji Sato speaks next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
Toyota raises profit forecast 50% on weak yen, record sales
With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
The interior of a Toyota Global HiAce electric vehicle concept on display during the Japan Mobility Show in Tokyo on Oct. 26
BUSINESS / Companies
Nov 1, 2023
Toyota to invest $8 billion more in U.S. battery plant for EVs
The auto giant has quietly laid the groundwork for a more robust EV strategy in the U.S. even as sales of its hybrid gas-electric models are surging.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023
Tesla’s latest disruption in carmaking draws followers in Japan
Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.
Great Wall Motor's Ora Good Cat electric vehicles are charged at the company's charging station at Siam Square in Bangkok
BUSINESS / Economy
Oct 27, 2023
Thailand bets on EVs to draw trillion baht in investment
The country has set up a "special operation” center to catch what its investment board head calls the "big fish” of the EV industry.
SkyDrive displays its eVTOL flying car at the Japan Mobility Show in Tokyo.
BUSINESS / Companies
Oct 25, 2023
Japan’s largest auto show returns with focus on mobility
The organizer has renamed the event for the first time since 1964, with the Japan Mobility Show replacing the Tokyo Motor Show.
Nissan Motor Sakura electric vehicles (left and center), and a Mitsubishi Motors eK X electric vehicle on display during their release ceremony at the Mitsubishi Motors Mizushima plant in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Oct 24, 2023
Japan's bestselling EV isn’t a Tesla but a $13,000 minicar
A jointly developed minicar sold as the Nissan Motors Sakura and Mitsubishi Motors eK X accounts for roughly half of all EV sales in Japan.
A used KIA electric car is seen for sale outside the showroom of a used car dealer in Manchester, Britain
BUSINESS / Tech
Oct 23, 2023
The battery test race to work out what used EVs are really worth
There used to be no way to measure battery health. But that is changing as firms rush to scale up EV battery tests — some of which take just minutes.
Japan has doubled its target for the installation of electric vehicle charging outlets to 300,000 outlets by 2030.
BUSINESS / Economy
Oct 19, 2023
Industry ministry doubles target for EV charger installments
The aim is to accelerate installments so that Japan can achieve its target of having electrified vehicles account for 100% of its new car sales by 2035.
Honda Motor CEO Toshihiro Mibe
BUSINESS / Companies
Oct 12, 2023
Honda and Mitsubishi Corp. sign pact to optimize EV battery use
The deal will eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.
Toyota Motor and Idemitsu Kosan are teaming up to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
BUSINESS / Companies
Oct 12, 2023
Toyota and Idemitsu to mass-produce all-solid-state batteries
Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production.
Chey Tae-won in Paris on Monday
BUSINESS / Tech
Oct 11, 2023
SK Group boss blames U.S.-China tensions for EV battery prices
SK Group’s operations range from batteries and chips to chemicals and telecoms.
Toyota's global sales and production for August hit record highs.
BUSINESS / Companies
Sep 29, 2023
Toyota's global sales and output hit record high in August
Global production rose 4% to a record 924,509 vehicles, including subsidiaries Daihatsu Motor and Hino Motors, the Japanese carmaker said Thursday.
Honda's new electric vehicle Prologue is displayed in Detroit on Sept. 21.
BUSINESS / Companies
Sep 29, 2023
With help from GM, Honda tries again in U.S. EV market
The carmaker unveiled the brand’s first electric SUV on Thursday, marking a renewed push into fully electric vehicles.
Electric vehicle chargers at a BYD Co. factory in Chongqing, China, on Sept. 5
BUSINESS / Tech
Sep 28, 2023
China shies away from row with EU over EV probe
Europeans have found President Xi Jinping’s government ready to talk, make promises and avoid aggressive rhetoric.
Members of the United Auto Workers pickett outside of the Michigan Parts Assembly Plant in Wayne, Michigan, on Tuesday.
BUSINESS / Companies
Sep 27, 2023
Japanese automakers stand to gain from Detroit’s labor strike
Many firms receive a large percentage of their overall revenue from U.S. markets, so the labor action there may give a tailwind to Japanese carmakers.
French President Emmanuel Macron arrives at the Palazzo Montecitorio in Rome on Tuesday.
BUSINESS
Sep 27, 2023
Macron is pushing the EU into $900 billion fight with China
The bloc's new approach is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries.
Nissan Motor is planning to produce only electric vehicles in Europe by 2030.
BUSINESS / Companies
Sep 26, 2023
Nissan to go all-electric in Europe by 2030 despite U.K. delay
Nissan plans to launch 27 electrified vehicles, including 19 fully electric cars, by 2030.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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By Kathryn Wortley

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