TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.
August 29, 2022Latest News Updates From Yuri Kageyama
LG-Honda Joint Venture to Make EV Batteries
Toyota’s Crown Car to Debut in US
TOKYO — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.
July 15, 2022Toyota Recalls Electric Car for Wheel That May Detach
TOKYO — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.
June 24, 2022Toyota’s Quarterly Profit Down on COVID Parts Crunch
TOKYO — Toyota’s profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings.
May 11, 2022US Drone Company Zipline Starts Delivering Medicine in Japan
TOKYO — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.
April 21, 2022Honda, Sony Join Forces on New Electric Vehicle
Sony Group Corp. and Honda Motor Co. agreed to establish a joint venture this year to start selling an electric vehicle by 2025, both sides said March 4.
March 4, 2022Toyota’s Auto Sales Sag on Chips Crunch
TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.
February 9, 2022Toshiba to Split, Sell Stake in Carrier
TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).
February 7, 2022Renault, Nissan to Invest $26 Billion in Future EVs
The French-Japanese auto alliance of Renault and Nissan plans to invest $26 billion in electric vehicle technology over the next five years, the companies said Jan. 27.
January 27, 2022Toyota to Offer 30 New EVs by 2030
TOKYO — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, company president Akio Toyoda said Dec. 14.
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