To crack the code of building low-cost electric vehicles, Japan's automakers intend to leverage their skills at tried-and-true lean manufacturing and kaizen.
Japan's automakers are stoking R&D investment to meet mounting demand for a staggering array of technologies. Toyota by far outpaces the pack.
For a house-proud engineering force such as Honda, relying on GM for EV help may be surprising. But Honda expects to return to its old independent prowess in due time.
The company that pioneered the Prius hybrid has drawn criticism for perceived foot-dragging on EVs. But Akio Toyoda wants it known that his company is pursuing carbon neutrality.
In early 2024, Lexus will open a world head office in a secretive mountain complex shrouded in cedar forests. Executives say the facility will not only revolutionize the way Lexus develops cars but speed the brand's shift into the EV era.