Japan aims to boost EV battery production to reduce foreign dependence
The Japanese automakers and government invest over ¥1 trillion to enhance local EV battery production, aiming for 150 GWh by 2030
Japan is embarking on a significant economic and strategic endeavor to increase its electric vehicle battery production capabilities, aiming to reduce its dependence on foreign suppliers, notably Chinese and South Korean manufacturers who currently dominate about 90% of the global battery market.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
