Battery price war in China means cheaper EVs everywhere
The main cost of an electric vehicle (EV) is its battery. The high cost of energy-dense batteries has meant EVs have long been more expensive than their fossil fuel equivalents.
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The main cost of an electric vehicle (EV) is its battery. The high cost of energy-dense batteries has meant EVs have long been more expensive than their fossil fuel equivalents.
Japan implemented negative interest rates in January 2016, surprising global markets with an unconventional monetary policy to combat deflation and stimulate economic growth.
There was some reason for cheer among Japanese commentators on February 22. The Nikkei 225, Japan’s flagship stock index, finally reattained its previous peak from 1989:
Toyota Motor said on Tuesday both the president and chairman of Daihatsu Motor will step down almost a year after the small-car unit said it had rigged collision safety-tests.
TOKYO -- Startups developing future forms of transportation like space planes, drones and flying cars are being bred in central Japan's Aichi prefecture, home to Toyota Motor and its suppliers, driven by a sense of urgency to foster industrial momentum amid challenges from the emergence of electric vehicles.
TOKYO -- Toyota Motor will invest in Taiwan Semiconductor Manufacturing Co.'s Japanese subsidiary to fund the construction of a second chip plant in Japan's Kumamoto prefecture, the two companies announced on Tuesday.
SHANGHAI -- A multinational startup co-founded by U.S., Chinese and European engineers is looking to expand business with Toyota Motor for composite material auto parts that are lighter and stronger than steel and aluminum.
BANGKOK -- Toyota Motor is preparing to launch an extensive decarbonization campaign in Thailand, partnering with leading local businesses like the Charoen Pokphand Group with an eye on commercial demand for electric and fuel-cell vehicles.