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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. The government’s aim is to reduce the country’s reliance on China for rare earth metals.

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

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Rapidus is intended to work with Japan’s also newly established Leading-edge Semiconductor Technology Center (LSTC)—a joint R&D hub with US and European participants—to build a mass production base for next-generation semiconductors in Japan. Japan, notes the Nikkei, has some catching-up to do.

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

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Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). 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.

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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 already has strong connections with Japan, having worked alongside Toyota since 2019. Joby’s all-electric aircraft performing a flight test near Big Sur, California.

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RecycLiCo delivers battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea

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RecycLiCo Battery Materials (formerly American Manganese), has delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea.

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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. With this investment, Toyota intends to increase its combined battery production capacity in Japan and the United States by up to 40 GWh. PPES) and in Toyota plants and property.

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