9 Japan Companies Team Up on EV Battery Production; Seek to Streamline Process to Compete With China

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Nine Japanese companies will establish a joint venture to build a low-cost, high-efficiency EV battery production system as early as April 2026, The Yomiuri Shimbun has learned. Participants include Hitachi, Ltd., Ricoh Co. and JTEKT Corp., which is affiliated with Toyota Motor Corp.

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