The automaker has embarked on an ambitious plan to go all electric by 2040 and make highly autonomous cars a reality.
For Masatsugu Horie's latest contributions to The Japan Times, see below:
A partnership with GM is part of a trend of carmakers sharing the burden of bringing new technology to market.
Prime Planet currently holds the top share — around 25% — of the market for hybrid batteries, but lags far behind in higher capacity EV batteries.
The company held some $730 million of Tesla shares as of March last year, and that stake had been reduced to zero by the end of this March.
Honda has said publicly it will phase out sales of gasoline-powered cars completely, setting 2040 as the goal.
As retailers around seek ways to make it easier to shop seamlessly without touching anything, MTG in Japan is betting its technology can rule them all.
Amid the coronavirus pandemic, more young people are taking an interest in the cars, drawn by their ability to handle all sorts of outdoor terrain.
The expects its cargo unit to receive a boost this year as planes loaded with semiconductors help accelerate deliveries to automakers and consumer-electronics manufacturers.
With Japan’s government pushing to ban sales of gasoline-only cars by the mid-2030s, Tesla’s recent price cut is putting Japan’s automakers on notice for a potential price war.
About 800 contract workers will become full-time employees from April, as the firm looks also to abolish its system of hiring contract staff.