Automakers

Toyota, Nissan, Mazda, Subaru bolster EV battery plans with aid from Japan

Toyota-battery-MAIN_i.jpg
Toyota, among several Japanese automakers including Nissan, Mazda and Subaru announcing new battery investment plans with Tokyo government backing, plans to roll out new solid-state batteries such as the one pictured here in the 2027-2028 timeframe. (TOYOTA)
September 06, 2024 10:19 AM

TOKYO — Toyota, Subaru, Mazda and Nissan are ramping up next-generation electric vehicle programs, with sweeping plans for new battery factories and government subsidies for new tech including solid-state battery production, as Japan Inc. races to catch up with the global EV leaders.

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