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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

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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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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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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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China-based EV startup U Power in framework agreement with Quantum Solutions in Japan

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the first and only independent Japanese electric vehicle (EV) manufacturer listed on the Tokyo Stock Exchange, to develop business initiatives relating to marketing, research and development of new energy vehicles, financial technologies, battery banks, EV charging and battery-swapping operations and services in Japan.

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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. Toyota Motor Corporation will invest up to approximately US$5.6 PPES) and in Toyota plants and property.

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