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MP Materials and Sumitomo to strengthen rare earth supply in Japan

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and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. Further, the companies will collaborate on the supply of rare earth metals and other products. US-based MP Materials Corp. China is the world’s leading producer. SC has a long history in the rare earth industry.

Japan 225
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Toyota to invest up to $5.6B in battery production in Japan and US

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Toyota Motor Corporation will invest up to approximately US$5.6 billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. and 10% by Toyota Tsusho Corporation) toward increasing automotive battery production.

Japan 273
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NEDO appoints Toyota and partners to study developing large-scale hydrogen supply chain in Chubu Region

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Japan’s New Energy and Industrial Technology Development Organization (NEDO) has appointed Sumitomo, Chiyoda, Toyota Motor, Japan Research Institute and Sumitomo Mitsui Banking to conduct a feasibility study on the receiving and distribution business of hydrogen in Chubu Region. Iwatani Corporation, Chubu Electric Power Co.,

Hydrogen 448
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Panasonic and Mazda entering discussions on medium- to long-term partnership for automotive cylindrical Li-ion batteries

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and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Mazda had installed Panasonic batteries in its Demio EV, which the company had leased in Japan since 2012. Panasonic Energy Co.,

Mazda 365
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BASF supplying customized high-performance NCM cathode active materials to Toyota/Panasonic JV PPES

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BASF has delivered the first batch of nickel-cobalt-manganese (NCM) cathode active materials (CAM) via its majority-owned joint venture BASF TODA Battery Materials LLC (BTBM) to Prime Planet Energy & Solutions ( PPES ), a joint venture between Toyota Motor Corporation (Toyota) and Panasonic Holdings Corporation (Panasonic).

Toyota 199
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Honda to advance fuel cell system as core of its hydrogen business; expansion to other areas; new FCEV in 2024

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With the next-generation fuel cell system being co-developed with General Motors (GM), Honda will aim to more than double the durability and reduce the cost to one-third, in comparison to the fuel cell system installed in the 2019 Honda Clarity Fuel Cell. As the core of its hydrogen business, Honda will further advance its fuel cell system.

Honda 428
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Toyota and partners launch low-carbon hydrogen supply-chain project in Japan

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In Japan, Aichi Prefecture, Chita City, Toyota City, Chubu Electric Power, Toho Gas, Toyota Motor Corporation, and Toyota Industries have launched the Chita City and Toyota City Renewable Energy-use Low-carbon Hydrogen Project. Background. Background. Hydrogen is a useful energy source for realizing a low-carbon society.

Hydrogen 230