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.

Safety Warning After Elderly Man Chokes on Mochi

An elderly man in Tokyo’s Itabashi Ward died on New Year’s Day after choking on mochi, prompting the Tokyo Fire Department to issue a safety warning.

Year-End Jumbo Lottery Drawn

A draw for the Year-End Jumbo Lottery, with a total prize of 1 billion yen for the first prize and related prizes combined, was held in Tokyo on December 31st.

Rodent Infestation A Growing Concern Across Japan

Reports of rodent infestation have surged nationwide in recent years, posing increasing challenges for homeowners. The issue, which is particularly evident during the year-end season, has left many families struggling to find effective solutions.

Foreign Residents in Japan Exceed 3.5 Million, Tokyo's Indian Community Thrives

This year, the number of foreign residents in Japan surpassed 3.5 million, marking a record high. In Tokyo’s "Little India," there may be clues on how to build a harmonious coexistence.

Flu Infections Reach Alarm Levels in Tokyo for the First Time in Six Years

Influenza infections in Tokyo have reached alarm levels for the first time in six years. As the virus spreads, restaurants and hotels are struggling with a surge in last-minute cancellations during their peak earning season.

MEDIA CHANNELS

MORE Business NEWS

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.

Rule Change to iDeCo Sparks Backlash

The individual-type defined contribution pension system, known as iDeCo, which offers tax-saving benefits, has sparked controversy online, with the phrase "iDeCo reform" trending on social media.

Ex-Nissan CEO Ghosn has doubts about Nissan-Honda merger's success

Former Nissan Motor Chairman Carlos Ghosn says if Nissan and Honda Motor integrate their businesses, the outcome would not be successful. (NHK)

Ex-Olympus CEO admits illegal drug purchases at Tokyo trial

The former head of Japanese precision equipment maker Olympus has admitted to purchasing illegal drugs on the first day of his trial in Tokyo. (NHK)

Honda and Nissan to Merge Management

Honda and Nissan Motor Co. reported on December 23rd to government authorities that they have entered full-scale discussions on a management merger, according to senior officials in the economic ministries.

Japan's Doctors Shift to Aesthetics

The number of aesthetic clinics in Japan, offering services like skin enhancement, has surged by 40% over the past three years. A growing trend, known as 'Chokubi,' involves newly trained doctors immediately joining aesthetic clinics after completing their clinical internships.

< 2 3 4 5 >