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Japan loves its minicars. Can it embrace EV versions too?

Business May 20, 2022

Japan loves its minicars. Can it embrace EV versions too?

by Kazuaki Nagata

Mitsubishi and Nissan have unveiled their takes on electrified minivehicles, possibly helping to spark a wider shift toward EVs in the nation.

Most world automakers won't electrify cars quick enough to meet Paris climate targets

Business / Corporate May 20, 2022

Most world automakers won't electrify cars quick enough to meet Paris climate targets

Toyota, Honda and Nissan trailed global competitors for climate adaptation in a recent report, while the analysis also showed few firms are being proactive in the absence of regulations.

Japan's major automakers benefit from weak yen in fiscal 2021

Business / Corporate May 14, 2022

Japan's major automakers benefit from weak yen in fiscal 2021

Six of Japan's seven major automakers fared well on their consolidated bottom lines in fiscal 2021, benefiting from the yen's weakening, according to earnings reports.

Weak yen helps Honda’s annual profit but fails to lift outlook

Business May 13, 2022

Weak yen helps Honda’s annual profit but fails to lift outlook

While the weaker yen has long been considered a boon for Japan’s blue-chip exporters, it’s now starting to damage Japanese automakers as material costs inflate for importers.

Nissan reports first full-year net profit in three years

Business / Corporate May 12, 2022

Nissan reports first full-year net profit in three years

Nissan Motor Co. said Thursday it logged a net profit of ¥215.53 billion ($1.67 billion) in the last fiscal year, returning to the black after two straight years of massive losses.

Subaru to spend ¥250 billion on battery capacity

Business / Corporate May 12, 2022

Subaru to spend ¥250 billion on battery capacity

The firm also plans to add an EV production line to its main factory in Gunma Prefecture.

Companies envision a future with flying taxis

Business / Corporate / Tech May 8, 2022

Companies envision a future with flying taxis

Several firms are working to bring in an age of Uber- or Lyft-like aerial ride-sharing.

Nissan unveils new autonomous driving tech to help avoid accidents

Business / Corporate Apr 25, 2022

Nissan unveils new autonomous driving tech to help avoid accidents

The firm will work to improve the technology further with the aim of installing it to new vehicles from the mid-2020s and to almost all vehicles by 2030.

Renault exploring sale of Nissan stocks to fund EV shift, sources say

Business Apr 22, 2022

Renault exploring sale of Nissan stocks to fund EV shift, sources say

by Tara Patel and Reed Stevenson

Nissan itself may be willing to buy some of the 1.83 billion shares in the Japanese automaker that Renault owns.

Toyota to launch first dedicated EV for luxury Lexus brand in late 2022

Business Apr 20, 2022

Toyota to launch first dedicated EV for luxury Lexus brand in late 2022

The RZ model will have a range of 450 kilometers on a single charge, the firm said.

Tesla autopilot stirs U.S. alarm as ‘disaster waiting to happen’

Business / Tech Apr 19, 2022

Tesla autopilot stirs U.S. alarm as ‘disaster waiting to happen’

by Craig Trudell and Keith Laing

Regulators are applying greater scrutiny to Tesla's driver-assistance system than ever before, which could tarnish the company's reputation with consumers and spook investors.

Honda to spend ¥8 trillion on research and development amid EV push

Business / Corporate Apr 12, 2022

Honda to spend ¥8 trillion on research and development amid EV push

The carmaker plans to invest in research and development over the next 10 years as it aims to roll out more than 30 electric vehicle models globally by 2030.

VIEW OLDER ARTICLES

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  • Seven arrive from U.S. for first test tours before Japan reopens to tourism
    People from the United States arrive for the first small-scale test tours in Japan since measures were imposed to control the spread of COVID-19, at Narita Airport near Tokyo on Tuesday.
  • 'Serious concerns' after Russian and Chinese bombers fly near Japan during 'Quad' summit
    A Russian TU-95 bomber and Chinese H-6 bombers fly over the East China Sea on Tuesday.
  • Biden vows to defend Taiwan as Kishida pledges unprecedented hike in defense spending
    Biden and Kishida shake hands as they attend a bilateral meeting at the State Guesthouse in Tokyo on Monday.
  • Biden launches Indo-Pacific Economic Framework with 13 nations including Japan
    U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Prime Minister Fumio Kishida attend the Indo-Pacific Economic Framework for Prosperity launch event on Monday in Tokyo.
  • Government clarity needed as Japan eyes border reopening for tourism
    Japan is believed to have lost ¥10.96 trillion in revenue in 2020 and more than ¥22 trillion since the pandemic began after closing its borders to tourists in response to COVID-19.
  • Discord between China's top leaders paralyzes officials responsible for economy

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  • Yuka Saso to defend U.S. Open title under Japanese flag

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  • A doomed river crossing shows the perils of entrapment in the war’s east

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  • Bucha evacuee in Japan seeks healing in 'peaceful' Ukrainian hometown

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