Could Japanese carmakers rally together to push the pedal on electric vehicles, a fast-emerging market in which they lag their overseas rivals? While their headquarters only confirm further talks, Nissan’s biggest shareholder Renault is said to be open to the idea and now stock markets seem to be betting on the two merging to form a $54 billion business, the …
The green floors of JATCO’s Fuji Area 2 factory hum with quiet confidence. “Our company will have to change drastically.” So far, Japan and its carmakers are lagging in the race towards eVs, the industry’s fastest-growing product area. Abe Shinzo, Japan’s prime minister from 2012 to 2020, championed policies to make Japan a “hydrogen society”; in 2015, Toyota delivered its …
