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Toyota to invest $5 6 billion in US, Japan EV battery output

Toyota Motor Corp. pledged to invest up to 730 billion yen, or around $5.6 billion, to boost electric car battery production in Japan and the US as co.

Toyota to invest $5 6bn in US, Japan EV battery output

Toyota Motor Corp. pledged to invest up to around $5.6bn to boost electric car battery production in Japan and the US as consumer demand for cleaner transport takes off globally.

Shipping Chaos Sends Japan Manufacturers Home

By Masumi Suga (Bloomberg) Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co. executive. The rapidly weakening yen that.

Japanese steel-makers raising prices and warning of more hikes

The prices of the two main inputs for steel production iron ore and coal have risen as Russia’s invasion of Ukraine exacerbated supply shortages.

Nippon is set to hike prices for carmakers

Japan’s top steelmaker said it’s close to securing price hikes from domestic manufacturing giants, signaling the balance of power is shifting from buyers to sellers as the alloy’s price surges. “We’ve seen big progress in correcting contract prices,” Nippon Steel Corp. Executive Vice President Takahiro Mori said Friday in an…

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