Collapsing pyramid: EV shift strikes at heart of Japan's auto sector – The Japan Times

Nov 07, 2022 by The Beat Maker - 0 Comments

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M/CLOUDY

Staff writer
Honda Motor’s announcement in June last year that it will shut down its powertrain production unit in the city of Moka, Tochigi Prefecture, in 2025 came as a surprise to Keita Aoki.
Japan’s second-largest automaker by sales had already declared that it would end production of brand new gasoline-powered vehicles by 2040 as part of its fight against climate change, so the head of Moka-based Aoki Symtech knew that this would happen eventually.
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