Tokyo Steel keeps domestic steel prices unchanged for December
The largest electric arc furnace operator in Japan, Tokyo Steel will continue to sell its SS400-grade, base size H-beam for ¥77,000 ($662) per tonne, on a free-on-truck basis. Prices for its SPHC 1.7-22mm-thick hot rolled coil and its SS400 9-40mm heavy plate will remain at ¥63,000 ($542) and ¥72,000 ($619) per tonne, respectively.
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This move aims to bolster Japan''s domestic battery supply chain amid the global race to secure critical resources and dominate the EV market. The subsidies are intended to help Japan reduce its reliance on foreign battery suppliers,
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Better Place to trial battery-swapping taxis in Tokyo
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Japan to give up to $2.4 billion in new support for domestic EV battery
TOKYO :Japan will hand out more subsidies for electric-vehicle battery production, pledging as much as $2.4 billion in support for related projects by Toyota Motor and other major companies, as it
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Egg prices in Tokyo hit record high for 4th straight
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Tokyo utilities put home battery storage in Japan''s
Customer-sited battery systems made and marketed by Japanese manufacturer Kyocera will be used by ENERES to help manage the supply-demand balance of electricity on the grid in partnership with utility
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Japan Govt to Promote Domestic Used EV Market;
The government plans to start promoting the used electric vehicles (EVs) market to build a system for domestically recycling batteries used in EVs due to concerns about the outflow of critical...
Japan to Give New Subsidies for Domestic EV Battery
The latest support comes after the government pledged nearly $1 billion in subsidies for storage battery production in June last year. Toyota would invest a total of ¥250 billion in two...
EV Batteries: Steadily Strengthen Domestic Production Bases
Chinese manufacturers boast overwhelming price competitiveness for EV batteries due to excessive subsidies from their own government and easy access to rare
Japan to give up to US$2.4bil in new support for domestic EV
TOKYO: Japan will hand out more subsidies for electric-vehicle battery production, pledging as much as US$2.4 billion in support for related projects by Toyota Motor and other major
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6 FAQs about [Tokyo domestic battery price list]
How much money does Japan spend on storage batteries?
Japan’s government has committed to supporting 12 projects related to storage batteries, including those focusing on battery parts, materials, or production equipment, with subsidies of up to 350 billion yen ($2.44 billion).
Will Japan give more subsidies for electric-vehicle battery production?
TOKYO (Reuters) — Japan will hand out more subsidies for electric-vehicle battery production, pledging as much as $2.4 billion in support for related projects by Toyota Motor and other major companies, as it seeks to strengthen its battery supply chain.
Will Japan bolster EV battery production?
Japan’s latest commitment to bolster electric vehicle (EV) battery production comes on the heels of previous government efforts, including nearly $1 billion in subsidies pledged in June 2023 and an initial batch of subsidies rolled out in April 2023.
Will Toyota invest $1 billion in storage battery production?
The latest support comes after the government pledged nearly $1 billion in subsidies for storage battery production in June last year. Toyota would invest a total of ¥250 billion in two subsidiaries to build battery plants in Hyogo and Fukuoka prefectures.
Will Toyota build EV batteries in Hyogo and Fukuoka?
Toyota would invest a total of ¥250 billion in two subsidiaries to build battery plants in Hyogo and Fukuoka prefectures. However, a Toyota spokesperson said the automaker has not made any announcement regarding such projects, adding it has been making various efforts to increase the production capacity of EV batteries.
How will Japan's new battery production plan impact the battery industry?
Japan’s government-backed initiative is expected to significantly increase the country’s annual production capacity for storage batteries, boosting it by around 50%—from 80 gigawatt-hours (GWh) to 120 GWh.