The Japanese government is taking significant steps to support Rapidus in its efforts to become a global leader in semiconductor manufacturing. This includes providing financial support,...
China's BYD Co. rolled out its third electric vehicle in Japan as it tries to href="https://www.bloomberg.com/news/articles/2024-03-01/byd-bolsters-japan-push-with-revamped-evs-dealership-network"...
South Korea and Japan remain leaders in all-solid-state battery development. However, as China is poised to invest heavily in battery technology, South Korean media are worried that...
The major Japanese automakers such as Toyota, Nissan, and Honda are planning cross-industry collaborations to develop new automotive technologies. The scope includes Generative AI...
Toyota Motor reported hefty profit growth for the past fiscal year ending March 2024, thanks to booming hybrid EV sales and a weaker Japanese Yen. The automaker said it plans to invest...
A rapidly growing, global market for hybrid electric vehicles should power earnings at major Asian automakers including Japan's Toyota Motor Corp. and India's Tata Motors Ltd.
Meiwa Corporation, a Japan-based chemical material producer, Toyota, and China Minmetals Corporation recently announced they will set up a joint venture for EV battery recycling in...
Not content with unseating Tesla Inc. as the world's top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and...
In a speech in January 2024, Toyota chairman Akio Toyoda said battery EVs (BEV) can only take up at most 30% market share, no matter how much the vehicle progresses. Hybrid EVs (HEV),...
As one of the key players driving the expansion of hydrogen energy, Toyota is making strategic moves to capitalize on the burgeoning global demand for green hydrogen.
South America's largest economy sees growing automotive investment. China-based BYD recently started building an industrial complex for EVs in Brazil, aiming to produce 15,000 vehicles...
