According to Toyota's statement, the company further expanded its investments in the US amid increasing demand for EVs and the Inflation Reduction Act (IRA) that mandates automakers...
Japanese precision component manufacturer Orbray announced that it has signed a contract with automotive semiconductor R&D corporation Mirise Technologies to conduct R&D on...
Toyota Motor Corp.'s top scientist warned that transitioning to electric vehicles too quickly could lead drivers to hold on to old gas guzzlers and called for hybrids to be given...
Major automakers based outside China, such as General Motors and Volkswagen, will likely lose market share in the world's largest car market with slower pace of electrification, according...
Global lithium chemical companies Allkem and Livent announced their merger that will create a new company with a value of US$10.6 billion. The tie-up of the two entities is poised...
Challenged by factors like material prices, Toyota Motor saw operating income decrease in the fiscal year 2023 while volume sales increased across all regions. In addition, the automaker...
Tesla cut prices for electric vehicles sold in China, Japan, and South Korea earlier this year, and has recently initiated price cuts in additional markets including Germany, France,...
Toyota has revealed plans to scale up its battery EV business. The automaker aims to roll out 10 new BEV models by 2026, achieving 1.5 million vehicle sales annually. In 2025, it...
Rapidus, a new Japanese wafer foundry with the goal of manufacturing 2nm chips, will set up a wafer fab at Chitose in Hokkaido, northern Japan. Its eight major investors, including...
The US Department of Transportation released the EV charging standards on February 15 to ensure a predictable charging experience. Following the regulation, all charging stations...
Toyota Motor Corp. unveiled several changes to its senior management as Koji Sato prepares to take over as chief executive officer, seeking to improve the carmaker's strategy and...
The shortages of automotive chips and components have eased from the past few years, but the entire supply chain is expected to undergo restructuring in the next 1-2 years as the...
Driven by geopolitical influences and pandemic-induced supply chain disruptions, the supply chains in the past global trade system are being restructured, and one of the possible...
Nissan Motor Co.'s independent directors have agreed to proceed with a deal to rebalance the Japanese carmaker's two-decade alliance with Renault SA, a person familiar with the situation...
