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.”
At the Goodwood Festival of Speed event in the UK this week, Swedish technology start-up Einride has unveiled an all-electric and autonomous logging truck called The T-Log.
In response to an apparent suggestion in recently leaked reports that a wider ban on sales of non-electric cars is being proposed in the UK, environmentalists have said that the proposed ban is ‘not ambitious enough.’
Japanese electronics giant Panasonic has recently disclosed it is planning a 30 percent increase in the production of battery cells at Tesla Gigafactory 1 by the end of year 2018.
In a recent press release, US electric vehicle maker Tesla Motors has officially confirmed that it has hit a new record production number in the 2018 third quarter. The news resulted in an increase of 2 points for the TSLA stock.
In a recent clarification of its plans related to electrified vehicles, Volvo Cars has announced that it is aiming for 50% of its sales to be ‘fully electric’ by the year 2025.
California-based electric utility vehicle developer and distributor Tropos Motors has revealed that it has set up a dealer network for the low-speed electric utility vehicles which the company will develop and manufacture in near future.