Isuzu, Sojitz to join Japan's ASEAN chip, EV supply chain push

TOKYO -- Fifteen Japanese companies including Isuzu Motors and trading house Sojitz will receive government funding to create supply chains in Southeast Asia, Nikkei has learned, part of an initiative with investments estimated at 100 billion yen ($679 million).

Japan's Ministry of Economy, Trade and Industry soon will announce 13 demonstration projects chosen to get a combined 35 billion yen -- or $238 million -- in assistance from the state.