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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

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million sold in Japan, according to a Nikkei report. In Japan, 4,201,321 vehicles were sold in 2022, down 5.6% from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In Japan, 4,201,321 vehicles were sold in 2022, down 5.6%

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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. Toyota Motor Corporation (Toyota) also joined the partnership, with the intention of exploring opportunities such as ground-based transportation.

Japan 418
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Nissan introducing Serena with 2nd-generation e-POWER system in Japan

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Nissan launched the fully-revamped Serena in Japan. Nissan first introduced a Serena e-POWER model in 2018 ( earlier post )—the second second model with the e-POWER system, which was first introduced in the Nissan Note in Japan in 2016. The e-POWER system offers full electric motor drive. Serena e-POWER Engine.

Japan 433
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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. Japan, notes the Nikkei, has some catching-up to do.

Japan 370
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BYD enters Japanese market with 3 EV models

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BYD Japan, the Japanese branch of China-based BYD, marked its official entry into the passenger vehicle market in Japan with the Japanese debut of three BYD models: BYD ATTO 3, BYD Dolphin, and BYD Seal. BYD ATTO 3 is slated to become the first BYD passenger vehicle sold in Japan, with sales expected to begin in January 2023.

BYD 273
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Isuzu, Toyota, Hino, and CJPT to promote planning and development of mass-market light-duty fuel cell electric trucks

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Isuzu Motors, Toyota Motor, Hino Motors, and Commercial Japan Partnership Technologies Corporation (CJPT) will jointly plan and develop light-duty fuel cell (FC) electric trucks for the mass-market. The companies will also promote the introduction of FC electric trucks to the market along with their widespread use.

Isuzu 396
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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.

Japan 199