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Toyota to spend USD5.3 billion expanding Japan, US battery output

TOKYO (AFP) – Toyota said yesterday it will ramp up the production of batteries for electric vehicles in Japan and the United States (US) through an investment of up to JPY730 billion (USD5.3 billion). Part of the cash is included in a huge two-trillion budget for the development and production of auto batteries that was […] ....

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Aqilah Rahman In 2021, e-commerce witnessed a global growth of 14 per cent year-on-year following the gradual economic recovery from the pandemic, exceeding USD5.3 trillion in transaction value. By 2025, e-commerce is expected to account for 12 per cent of global consumer spend, of which 59 per cent is transacted via mobile devices, according to […] ....

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