Japan's government has allocated $660 million in subsidies to accelerate the development and supply chain of all-solid-state batteries (ASSBs), aiming for commercialization by 2030. This support is part of the Battery Stable Supply Assurance Plan, focusing on next-generation battery technologies like ASSBs and low-cost lithium iron phosphate batteries. Japanese automakers such as Toyota, Honda, and Nissan are already piloting ASSB production lines. Despite Japan's leadership in ASSB patents and technology, competition from Chinese low-cost LFP batteries and global players in solid-state battery tech remains a challenge. The industry is focusing on improving battery yield, quality, and reducing costs of key materials in 2026 to maintain competitiveness.
Toyota is set to report a nearly 1% increase in U.S. vehicle sales for the first half of the year, reaching 1.25 million units, while General Motors (GM) is expected to see a 7.2% decline to 1.33 million. Toyota's focus on hybrid vehicles, which are ...
Toyota Motor Corporation reported a $5.6 billion revenue shortfall and is under profit pressure due to U.S. tariffs, leading to a CEO change aimed at improving financial discipline. The company is increasing U.S. production and emphasizing hybrid ele...
CarGurus' 2026 Mid-Year Review reveals robust consumer demand across vehicle segments, with luxury SUVs selling faster and used hybrid prices hitting record highs. New car prices average around $50,900, reflecting a market shift toward higher-priced ...
Cars.com released its 2026 American-Made Index showing 86 vehicles ranked by their contribution to the U.S. economy through manufacturing, parts sourcing, and employment. Foreign automakers make up 65% of the list, with Toyota and Honda leading in th...
NVIDIA has introduced Halos for Robotics, the industry's first comprehensive full-stack safety system designed for robotics and physical AI. This system integrates AI compute, sensor connectivity, and safety software to ensure safer operation of robo...
