Japan intends to make all new cars sold in 2050 either fully electric or hybrid vehicles
According to fresh The Mainichi report, a panel of Japan’s Economic Ministry has declared at a recent meeting that it is targeting a 2050 deadline for all new passenger cars sold in the country to be electrified --- that is, either fully electric or hybrid vehicles.
The Mainichi has revealed that the declaration was made by the panel of Japan’s Economic Ministry at a meeting held on Tuesday. A part of the panel comprises the executives of leading Japanese automakers, including Toyota and Nissan.
The panel has said in its report that Japan’s auto industry players will form a joint venture before March 2019, to unfold a collaborative effort for securing the supplies of cobalt -- one of the main resources for battery manufacturing -- for the future.
In addition, the panel has also announced that its goals for the long-term will also include a 90 percent reduction of greenhouse gas emissions by individual vehicles by 2050 as compared to the emission levels in 2010.
During the recent meeting of the panel, Hiroshige Seko -- Japan's Minister of Economy, Trade, and Industry -- said: “Japan would like to contribute to achieve zero emissions on a global scale by spreading electric vehicles worldwide.”
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