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China's BYD launches 3 electric car models in Japan

Jul 21 (Nikkei) - Chinese auto giant BYD said on Thursday that it will start selling electric vehicles in Japan from 2023, hoping that demand will grow in a country where the shift toward greener cars has been slow.

BYD Japan, which already sells electric buses in the country, announced the establishment of a new company to handle EVs sales. Three EV models will be launched sequentially from January.

The models are the mid-size sport utility vehicle Atto 3, the hatchback compact car Dolphin, and the sedan Seal. Details on pricing and sales targets were not announced. BYD Japan Executive Officer Atsuki Tofukuji said, "We are trying to set as broad a vehicle segment as possible so that our customers will have a wide range."

EVs account for only about 1% of annual car sales in Japan, though the government has set a goal that by 2035, all new cars sold must be electrified including plug-in hybrids. While Japan's automakers are only beginning to get serious about developing EVs, Western manufacturers such as Tesla and Volkswagen have already entered the market.

Source: ANNnewsCH

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Six people are dead in the wake of torrential downpours in Japan's central Ishikawa Prefecture that have caused rivers to flood and mudslides across the Noto region. Some people living in temporary shelters following the New Year's Day earthquake are once again facing recovery efforts, this time from flooding. (NHK)

Signs of winter are already arriving. Mount Rishiri in Hokkaido recorded the first snowfall of the season on Sunday, making it the first observed in Japan this year.

A test flight for flying cars was conducted in Wakayama Prefecture on Saturday, reaching an altitude of 40 meters, demonstrating stability in windy conditions.

Shohei Ohtani returned to Dodger Stadium in spectacular fashion, hitting a home run and stealing a base in his first game back, raising his season total to 52 home runs and 52 stolen bases.

Japanese Prime Minister Kishida Fumio says Japan and China have reached an agreement that will lead to the resumption of China's imports of Japanese seafood. (NHK)

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The Tokyo Stock Exchange announced on Friday that it has approved the initial public offering (IPO) of Tokyo Metro on the TSE Prime Market. The planned listing date is October 23.

Daihatsu Motor announced on Friday that it has filed a recall with the Ministry of Land, Infrastructure, Transport, and Tourism for 1.71 million vehicles, including 15 models such as the Tanto, due to improper tightening of seat bolts.

The average price of a newly built condominium in Tokyo’s 23 wards has exceeded 100 million yen for the fourth consecutive month.

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Gold is gaining increasing attention as a stable asset. Among the most eye-catching items at a gold exhibition held in a Sapporo department store are statues of the genius surgeon Black Jack and his assistant Pinoko, both made of gold.

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