Toyota to launch 10 new EV models by 2026

Apr 08 (NHK) - Toyota Motor has unveiled its new strategy for electric vehicles. The auto giant says it now aims to introduce 10 new models by 2026 and sell 1.5 million units a year.

New president Sato Koji unveiled the plan on Friday alongside other Toyota executives. He took office earlier this month.

The company says it will also set up a new specialized unit for the development and production of next-generation EVs.

Toyota has already announced plans to introduce 30 EV models worldwide and to sell 3.5 million EV units annually by 2030.

Ishiba Aims to Revitalize Japan with Regional Revamp

Prime Minister Ishiba has positioned regional revitalization as the "Reiwa-era National Transformation" in his New Year's address, outlining plans to curb Tokyo’s overconcentration by promoting the relocation of central government agencies to regional areas.

Matsuyama Hideki clinches 11th career victory in PGA Tour opener

Japanese golfer Matsuyama Hideki clinched his 11th career PGA Tour victory at the season-opening event on Sunday in the US state of Hawaii. Matsuyama finished with a PGA Tour record total of 35-under par.

Man Arrested for Vandalizing Imperial Palace Restroom

A 46-year-old man arrested for vandalizing a restroom inside the Imperial Palace during the New Year's public greeting has been sent to prosecutors, with further investigations underway into graffiti found on a nearby manhole.

Record Price of 207 Million Yen for Oma Tuna

At the first tuna auction of the year held at Tokyo’s Toyosu Market, a bluefin tuna from Oma, Aomori Prefecture, was sold for 207 million yen, the second-highest price in history.

Two Elderly Men Die After Choking on Mochi

During the New Year's holidays from January 1st to 3rd, two elderly men in Tokyo lost their lives after choking on mochi, according to the Tokyo Fire Department, which has issued a warning urging caution when consuming the traditional rice cake.

MEDIA CHANNELS

MORE Business NEWS

Tokyo Stock Market Opens Year with Sharp Drop as Workers Pray for Prosperity

The Tokyo stock market opened its first trading session of the year with a sharp decline, raising concerns about the state of Japan’s economy in the months ahead. The Nikkei average fell by more than 600 yen at one point compared to the previous year-end, a disappointing start for investors hoping for an optimistic beginning to 2025.

Survey: Japan economy to see 1.1% real growth in FY2025

Economists predict that Japan's economy will grow more than 1 percent in inflation-adjusted terms in fiscal 2025. They see wage increases giving a boost to consumer spending. (NHK)

Nippon Steel, US Steel file lawsuit against US government

Nippon Steel and US Steel say they have jointly filed a lawsuit against the United States government over President Joe Biden's decision to block the takeover of the American firm.

Record Price of 207 Million Yen for Oma Tuna

At the first tuna auction of the year held at Tokyo’s Toyosu Market, a bluefin tuna from Oma, Aomori Prefecture, was sold for 207 million yen, the second-highest price in history.

Biden blocks Nippon Steel buyout of US Steel

US President Joe Biden has issued an order to block Nippon Steel's planned buyout of US Steel.

Tokyo Stock Exchange Closes Year Just Below 40,000

The Tokyo Stock Exchange concluded its final trading session of the year, with stock prices narrowly missing the key 40,000 mark.

Suzuki Osamu, longtime chairman of Suzuki Motor, dies

The man who led the Japanese automaker Suzuki Motor for more than 40 years as president and chairman has died. Suzuki Osamu was 94 years old. (NHK)

Japan’s Real Wages Fall for Third Consecutive Month in October

The Ministry of Health, Labour and Welfare announced finalized data from its Monthly Labour Survey, revealing that real wages, adjusted for inflation, decreased by 0.4% in October compared to the same month last year. This marks the third consecutive month of decline.

< 2 3 4 5 >