The Prius-hacking Silicon Valley star shaping Toyota’s future
The jeans-loving, patent-wielding executive co-founded Google’s robotics division and helped develop the tech company’s self-driving car project.
View ArticleNissan unveils high-tech green factory for next-generation electric vehicles
As part of its "Intelligent Factory Initiative,” Nissan has spent about ¥33 billion over the past two years installing advanced equipment at its plant in ...
View ArticleIn defense of combustion engines, Toyota CEO says ‘the enemy is carbon’
Toyota says that different emissions-reducing car technologies are needed for different regions of the world.
View ArticleJapan backs oil and gas even after COP26 climate talks
Weeks after world leaders pledged to combat climate change at the COP26 summit, Japan is already showing signs of putting the brakes on divestment from ...
View ArticleHeavy snow snarls travel in Japan during year-end holidays
Scores of flights were canceled, warnings were issued of possible highway closures and trains delayed by the storm on Friday.
View ArticleThere’s a four-year wait list for Toyota’s Land Cruisers in Japan
Waiting times were already stretching out to two years after the vehicle was revamped in 2021 for the first time in 14 years.
View ArticleHitachi’s ¥2 trillion divestment drive kept activists at bay
Since taking over, CEO Toshiaki Higashihara is credited with transforming Hitachi, once the country’s biggest loss-maker, into a profitable enterprise without outside intervention.
View ArticleJapan’s biggest airline calls for border controls to be eased
The strictest among the G7, Japan’s border controls have attracted criticism as the country slammed its door shut to foreign visitors and students.
View ArticleNissan won’t appeal ruling that carmaker hid Carlos Ghosn’s pay
Meanwhile, lawyers for Nissan's former director, Greg Kelly, said they will appeal a ruling that saw him given a suspended sentence.
View ArticleJapan resists pressure to follow Big Oil’s exit from Russia
Unless the situation with Russia drastically changes, Japanese companies and consortia have decided to keep their stakes in Sakhalin 1, Sakhalin 2 and Arctic LNG ...
View ArticleJapan’s energy buyers warn that the weak yen threatens their business
The depreciation of the yen will amplify soaring energy and commodity prices that are hurting both companies and consumers.
View ArticleNuclear power’s growing fan base in Japan faces a reality check
A web of red-tape governing nuclear reactors born from the Fukushima nuclear disaster 11 years ago means that the resumption of operations can’t speed up, ...
View ArticleHonda CEO bets ¥5 trillion to reach goal of going fully electric
The carmaker aims to introduce 30 EV models by 2030 with a production volume of more than 2 million vehicles a year.
View ArticleJapan’s Tepco honing offshore wind bid as competition heats up
Japan is aiming to award 10 gigawatts of offshore wind capacity by the end of the decade, spurring a contest for the contracts to build ...
View ArticleTop Toyota supplier Denso weighs ¥420 billion chip unit spinoff
Well known as the world’s second-biggest auto-parts-maker, Denso has also quietly built up a presence in automotive chips.
View ArticleRussia’s move on Sakhalin-2 gas plant intensifies competition for fuel
Russia’s move to reshuffle ownership of the project may constrict global markets even more by pushing Japan to compete with Europe for alternative sources of ...
View ArticleEnergy crunch pushes Japan into era of uncharted coal power
Electricity supply is expected to remain tight this winter and experts say extreme weather like this summer’s heatwave is becoming more common.
View ArticleToyota ranks last in top 10 carmakers for decarbonization efforts
Zero-emission vehicles made up just 0.18% of the firm's total sales last year versus General Motors Co. at 8.18%
View ArticleJapan’s top refiner is gearing up for the oil industry’s decline
Eneos Holdings has an outline for fusing operations but is still discussing which of its refineries to shutter when, the firm's president has said.
View ArticleEnergy-poor Japan could set up liquefied natural gas reserve
The government will propose a plan to secure a so-called strategic buffer LNG, with authorities supporting local companies to buy excess supply for energy security.
View ArticleCoal’s surge won’t stop Idemitsu selling Australian mine stake
The firm is in talks with several entities interested in acquiring its 85% stake in the Ensham mine in Queensland, said President Shunichi Kito.
View ArticleToyota sees vehicle output recovery in 2023, with some risks
The newly issued target would be a significant jump from the planned 9.2 million vehicles that the carmaker forecasts for the fiscal year ending in ...
View ArticleToyota maintains title as world’s No. 1 carmaker for third straight year
Group sales, which include those of its subsidiaries Daihatsu and Hino, were mostly flat at 10.5 million units for the year, the company said.
View ArticleNissan resolves Renault grievance through big payoff for partner
The partners are on the cusp of redefining the foundations of their alliance with a framework deal to equalize their cross-shareholdings.
View ArticleInvestors watch Japan’s spring wage talks for clues on BOJ moves
This year, the outcome of annual wage negotiations matters to bond investors, stock traders and anyone, really, with anything at stake in the country.
View ArticleToyota’s shift to electric future rests on Koji Sato’s shoulders
When announcing his leadership team in February, Sato said he intends to take a bolder and faster "EV first” approach, promising to overhaul battery production ...
View ArticleToyota may lead transition finance in Japan’s auto industry
The firm has said it is considering transition bonds or loans to finance loan and lease receivables for hybrid vehicle sales.
View ArticleToyota shares surge most since 2020 after investors reappoint chairman
A resolution calling for greater disclosure on climate lobbying was put forward by a trio of European asset managers, but failed to find support among ...
View ArticleMarkets warm to Toyota after EV and battery development plans ease fears
Nomura Securities and Mizuho Securities are among firms that have have raised their price targets for the Japanese auto giant since it revealed details of ...
View ArticleTaxi firm’s hydrogen cell experience highlights fuel’s pitfalls
It’s not that there’s anything wrong specifically with the cars, good looking midsized sedans with Lexus-level luxury. Rather, it’s the high cost of hydrogen.
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