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Toyota joins 7 other companies in Rapidus venture to develop next-gen 2nm semiconductors in Japan

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Toyota Motor will join seven other leading Japanese companies—Sony Group, NEC, Toyota supplier Denso, NTT, chipmaker Kioxia Holdings, SoftBank and Mitsubishi UFJ Financial Grou—in working with the Japanese government in a new next-generation semiconductor venture named Rapidus. The companies are investing a combined ¥7.3

Japan 370
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Toyota to invest up to $5.6B in battery production in Japan and US

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billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. The company aims to begin battery production between 2024 and 2026. and 10% by Toyota Tsusho Corporation) toward increasing automotive battery production.

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Battery company Vehicle Energy Japan to become Nissan subsidiary

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Nissan Motor entered into a definitive agreement to acquire shares in Vehicle Energy Japan , an automotive lithium-ion battery manufacturer. Nissan will acquire all the common shares of Vehicle Energy Japan held by investment company INCJ, Ltd. and subscribe to common shares issued by Vehicle Energy Japan.

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Nissan, Mitsubishi unveil jointly developed new all-electric mini-vehicles in Japan

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Nissan Motor and Mitsubishi Motors unveiled their first jointly developed light electric vehicles (EVs)—the Sakura and the eK X EV (pronounced “eK cross EV”), —in Japan. Japan, where the vehicle is produced. The line-off ceremony took place at the Mitsubishi Motors’ Mizushima Plant in Kurashiki City, Okayama Pref.,

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Evonik investing in fumed aluminum oxide production plant expansion in Japan for battery applications

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Evonik is investing in a production plant expansion for fumed aluminum oxide at its site in Yokkaichi, Japan. The facility will be the company’s first alumina plant in Asia, focusing on the production of specialty solutions for lithium-ion battery technologies, used for electric vehicles.

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Tesla supplier Panasonic ready to ramp 4860 EV battery production

Green Car Reports

Panasonic has finalized preparations to begin manufacturing 4680-format lithium-ion battery cells at a Japanese factory, Reuters reported Monday.

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ANA and Joby to establish eVTOL ridesharing service in Japan; Toyota joining for ground integration

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ANA Holdings and Joby Aviation are forming a partnership that will see Japan’s largest airline join with Joby to bring aerial ridesharing services to Japan. Joby is a California-based company developing an all-electric, five-seat aircraft that can take off and land vertically (eVTOL). Earlier post.)

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