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December 23, 2024
 

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VEHICLES

The Energy Powerwall Home Battery charging station in Brussels in 2023
BUSINESS / Tech
Dec 17, 2024
New EU emissions rules drive petrol car price hikes and EV discounts
Analysts say major carmakers have adjusted their pricing strategy to curb demand for heavy emitters and make pricier electric models appealing.
An electric vehicle charging station in Baker, California. The Inflation Reduction Act has spurred investment in EVs and other green technologies across the U.S. and President-elect Donald Trump should continue Joe Biden's climate-related industrial policy.
COMMENTARY / World
Dec 16, 2024
Green tech and U.S.-China rivalry: Two sides of the same coin
The incoming president should improve, not undo, Biden's industrial policies, which have boosted investment in green technologies, a key economic battleground.
A Hight Logistics electric BYD truck is loaded with a container at a seaport in Long Beach, California, in April 2023.
BUSINESS
Dec 15, 2024
Chinese firms take on EV truck challenges
Fleets of electric heavy goods vehicles from China have been growing internationally, even as Western countries target the country's EV cars with heavy sanctions.
A Toyota production line in New Jersey. The U.S. is a key market for Japanese automakers, who are closely monitoring policy changes in Washington as the incoming Trump administration is likely to change the course set by President Joe Biden.
COMMENTARY / Japan / Geoeconomic Briefing
Dec 12, 2024
Japan’s auto industry looks down the road to Trump presidency
Of the cars sold in the U.S., 40% are from Japanese makers, who are determined to hold onto this market share despite Washington's policy vagaries in the auto field.
The Northvolt Drei EV battery plant in Heide, Germany, one of several European-led battery facilities to have been delayed or canceled.
BUSINESS / Companies
Dec 10, 2024
Europe’s big battery ambitions are failing, and China is benefiting
Fallout is spreading across the region as EV demand wanes and local manufacturers struggle to master the technology.
A Chevrolet Bolt electric vehicle (EV) at a dealership in Colma, California, on Jan. 26
BUSINESS / Tech
Dec 9, 2024
Trump's EV skepticism threatens $54 billion in Korean investments
Some Korean companies have slowed or hit the pause button on any ongoing construction of some plants in the U.S. because they’re concerned about reduced demand for EVs.
Makoto Uchida, President and CEO of Nissan, holds a press briefing at the Japan Mobility Show 2023 in Tokyo on Oct. 25, 2023. Uchida is under presser to deliver a turnaround and to keep his job at the troubled carmaker.
BUSINESS / Companies
Dec 8, 2024
Nissan boss Uchida races to save the automaker — and his job
Makoto Uchida is under pressure to reverse Nissan’s fortunes after years of turmoil following the 2018 arrest of former chairman Carlos Ghosn.
A sign at the entrance to the Vauxhall van factory in Luton, England, on Nov. 27. Stellantis plans to close the factory, and has made efforts to pin the blame on the government's mandate for more electric vehicle sales.
BUSINESS / Tech
Dec 2, 2024
The EV transition is leaving the U.K. auto industry behind
The country wants to be a leader in EVs but has lagged others in establishing the necessary plants and battery factories.
Dai Nippon Printing said that Elliott Investment Management looks to have substantially reduced its position in the company.
BUSINESS / Companies
Nov 25, 2024
Dai Nippon Printing says Elliott has sold most of its stake
Elliott has been active in Japan this year, investing in Tokyo Gas, Sumitomo, SoftBank Group and Mitsui Fudosan.
The Northvolt facility in Skelleftea, Sweden.
BUSINESS / Companies
Nov 23, 2024
Northvolt crisis may be make or break for Europe's EV battery ambitions
Europe's biggest hope for an electric vehicle battery champion filed for bankruptcy protection on Thursday after talks for funding failed.
A mockup of a Northvolt battery at a factory in Skelleftea, northern Sweden. Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a company struggling to stay afloat.
BUSINESS / Companies
Nov 22, 2024
Northvolt files for bankruptcy in blow to Europe's EV ambitions
The firm said it has only enough cash to support operations for about a week.
A Honda electric vehicle at the Beijing International Automotive Exhibition in April. Honda is investing ¥43 billion ($277 million) in an all-solid-state battery production line in Tochigi Prefecture.
BUSINESS / Tech
Nov 21, 2024
Honda hopes to double EV driving range with solid-state batteries
Such batteries will replace liquid-state lithium-ion batteries currently in use, Honda R&D chief Keiji Otsu says.
Nissan has warned that missing a British government target on electric vehicles would lead to significant fines for manufacturers.
BUSINESS / Companies
Nov 21, 2024
Nissan urges U.K. to ease EV targets amid weak demand
A British mandate requires at least 22% of an automaker's new car sales in 2024 to be purely EVs, or they face hefty fines.
A Xiaomi SU7 electric vehicle on display at one of the company's stores in Shanghai on April 2
BUSINESS / Tech
Nov 18, 2024
China EV makers bet on self-driving models to fend off Tesla
Chinese electric car manufacturers say their advanced driving-assistance services — which can navigate highways or busy city streets — are coming very soon.
A Toyota Motor Lexus LF-ZC electric concept vehicle at the Beijing Auto Show in April
BUSINESS
Nov 11, 2024
Toyota aims to ramp up China production in a strategy pivot
The plan represents a strategic pivot by the world's top selling automaker in the world's largest car market.
Toyota North America COO Jack Hollis said sales of all-electric vehicle should grow organically, without rules penalizing gas-powered car sales.
BUSINESS / Companies
Nov 11, 2024
Toyota executive lashes out at U.S. regulations promoting EV sales
The carmaker's North America COO, Jack Hollis, described them as "de facto mandates” out of sync with consumer demand.
Nissan sees its operating income plunging to just ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
BUSINESS / Companies
Nov 7, 2024
Nissan cuts outlook and announces restructuring with 9,000 job cuts
The firm sees its operating income plunging to ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
U.S. President Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House in Washington on Jan. 24, 2017.
BUSINESS / Markets
Nov 7, 2024
From oil to EVs, here’s how Trump’s victory affects energy
The prospect of a Trump-era pullback from some policies promoting emission-free energy has already helped spark a slide in shares of renewable power firms.
Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024
Toyota keeps profit outlook despite weakness in Japan and China
The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
Honda and Nissan consider mutual production of vehicles, report says
Honda CEO Toshihiro Mibe at the Japan Mobility Show 2023 at Tokyo Big Sight in October 2023.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

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

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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