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Toyota, Nissan to support Japan’s battery production capacity, Nikkei reports

09/05/2024

Less than a minute

2024.09.05 17:00

© Reuters. FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo

(Reuters) – Toyota Motor (NYSE:), Nissan (OTC:) Motor and other companies will help expand Japanese production capacity for storage batteries by around 50% with government support through a total investment of 1 trillion yen ($6.97 billion), the reported on Friday.

($1 = 143.4000 yen)

09/05/2024

Less than a minute

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