Toyota To Spend $13.6 Billion On Electric Car Batteries By 2030

Sep 08, 2021 | News On Japan

Sep 08, 2021 (thestreetjournal.org) - Toyota said Tuesday it will invest $13.6 billion into batteries for electric and hybrid cars by 2030, as the world’s biggest automaker pushes to make its production carbon-neutral.

The Japanese car giant said in a presentation it plans to pour 1.5 trillion yen into the development and supply of batteries for electric vehicles and that it aims to cut battery costs by half per car by 2030.

Toyota said in June it aimed to make its production carbon-neutral by 2035, replacing the previous target date of 2050.

One of the ways the company hopes to realise its goal is by introducing new technologies for painting vehicles — one of auto production’s most power-gobbling procedures — such as replacing paint with adhesive film.

Toyota is a pioneer of hybrid vehicles and autos using hydrogen fuel, and is also stepping up its development of battery-powered electric cars.

Takaichi Gets 5 Hours Sleep for 'First Time in a While'

Prime Minister Sanae Takaichi has drawn criticism over a social media post describing five hours of sleep as a rare luxury, as the extended Diet session prepares to begin Upper House debate on a controversial bill to establish secondary capitals outside Tokyo.

Japan Introduces Stricter Penalties for Drunk Driving

Japan began applying a new numerical alcohol threshold for dangerous driving offenses on July 21, introducing a clearer standard for cases involving impaired driving that could lead to fatal accidents.

Mount Fuji Filmed From a Helicopter

Breathtaking 4K footage filmed from a helicopter offers a sweeping aerial view of Mount Fuji and its majestic surrounding landscape.

Japan Scrambles for Oil

A covert network of shuttle tankers is carrying crude through the increasingly dangerous Strait of Hormuz as renewed fighting between the United States and Iran disrupts shipping and raises concerns over how Japan will secure the oil it needs.

Russia Calls Japan-Ukraine Drone Cooperation a Clear Hostile Act

Russian Deputy Foreign Minister Andrey Rudenko has criticized moves by Japanese and Ukrainian companies to cooperate on drone technology, warning that such ties would be regarded by Moscow as a "clear hostile act."

MEDIA CHANNELS

MORE Society NEWS

Policeman Refuses Breath Test After Crashing Into Utility Pole

A 27-year-old police officer arrested after crashing into a utility pole in Hiroshima was found to have been driving under the influence, with a blood test detecting nearly three times the legal alcohol limit.

Police Fire Warning Shot at Knife-Wielding Woman

A police officer fired a warning shot into the air after a 42-year-old woman approached officers while pointing a kitchen knife at them on a street in Eniwa, Hokkaido, on July 17.

Armed Driver Crashes Car Into Convenience Store

A 45-year-old man was arrested early July 20 after allegedly crashing a passenger car into a convenience store in Sagamihara, Kanagawa Prefecture, and walking around the parking lot carrying a kitchen knife and a golf club.

Drunk Driver Rams Roaring Motorcycle

A 42-year-old man was arrested after allegedly driving under the influence and intentionally ramming a motorcycle in Togitsu, Nagasaki Prefecture, leaving its rider seriously injured.

Giant Tug-of-War Rope Snaps, Injuring Over a Dozen

More than a dozen people were injured after a massive rope suddenly snapped during a tug-of-war at a festival in Kitami, Hokkaido, sending participants falling backward onto an asphalt road.

Housing Complex With 70% Foreigners Introduces Fine System

A public housing complex in Aichi Prefecture where about 70% of households are occupied by foreign residents is showing signs of improvement after introducing multilingual communication, foreign-led neighborhood activities and a 3,000-yen fine for residents who skip community cleaning duties.

Old Sake Brewery Goes Up In Smoke

A fire that broke out at the long-established Echigo Tsurukame sake brewery in a densely populated residential district of Niigata City on July 19 destroyed the brewery and spread to at least six nearby homes, with firefighters still unable to declare the blaze fully extinguished by noon on July 20.

Husband and Wife Killed in Ashikaga Landslide

Two people found dead in a collapsed home following a landslide in Ashikaga, Tochigi Prefecture, have been identified as a married couple in their 60s who lived at the property, city officials said.

< 2 3 4 5 >