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

Green Car Congress

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.

Japan 273
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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.

Japan 243
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Nikkei: Japan to develop seabed mining of rare earth materials

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The Nikkei reports that in 2024, Japan will begin to extract rare earth materials for electric vehicles and hybrids from sea bottom mud in an area off Minami-Torishima Island, a coral atoll in the Pacific Ocean about 1,900 kilometers southeast of Tokyo.

Japan 542
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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 vehicles feature a 20 kWh battery pack supporting a range of 180 km (112 miles) (WLTC).

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US and Japan sign critical minerals agreement

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United States Trade Representative Katherine Tai and Japan’s Ambassador to the United States, Tomita Koji, signed a critical minerals agreement. The agreement builds on the 2019 US-Japan Trade Agreement and will strengthen and diversify critical minerals supply chains and promote the adoption of electric vehicle battery technologies.

Japan 199
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Subaru’s first global all-electric vehicle SOLTERRA makes world debut

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In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. The vehicle was jointly developed by Toyota and Subaru; Toyota’s version is the bZ4X, which the company unveiled last month in Japan ( Earlier post.)

Global 432
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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.

Japan 284