Japan Office

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  • Hyundai and Apple in Talks To Develop Self-Driving EVs

    Hyundai Motor and Apple are negotiating a partnership in the field of self-driving EVs, reports the Korean newspaper Korea IT News. Other media reported that Hyundai and Apple are aiming to launch a self-driving EV in 2027. Soon after this report, Hyundai announced that it was in early stage talks with Apple. (The above is excerpted from Newsweek)

    Hyundai is playing a central role in the Apollo Project, the self-driving EV strategy of Chinese IT giant Baidu and is also actively mass-producing EVs.

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  • Japan Sees Hydrogen as Main Fuel by 2030

    Akihiro Komuro
    Akihiro Komuro

    The government of Japan has set a target of 10 million tons of hydrogen to be used in Japan by 2030, enough to operate more than 30 nuclear power plants. This would be more than 10% of the total electricity capacity in Japan.

    It will also hasten the practical application of hydrogen power generation and accelerate the spread of FCVs. The government will provide support through a newly established 2 trillion Yen fund and tax incentives for capital investment.

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  • Thailand Sets Incentives for EV investment

    The Thai government has introduced a new investment incentive program to encourage domestic production of EVs. The new incentives will exempt the payment of corporate tax for eight years for those who invest more than 5 billion baht (about 17 billion yen) to produce an EV.

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  • Hyundai’s Unmanned Cargo Plane Concept Aims for 2026

    Akihiro Komuro
    Akihiro Komuro

    Hyundai Motor Co. has begun developing an unmanned aircraft for cargo transport and has announced the concept of “air cargo” to be commercialized in 2026. The company is already developing a personal aerial vehicle (PAV) that will be responsible for moving people around in urban areas, and this technology will be applied to cargo transport aircraft. It is envisioned as a transport aircraft that will carry more cargo than drones carrying small cargo.

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  • Kawasaki To Spin Off Motorcycle and Engine Business

    Kawasaki Heavy Industries said it will spin off its motorcycle and engine business in April 2021. The business is the only B2C business in KHI.  By spinning off the business, the company aims to speed up decision-making and offer new products and services for consumers.

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  • Makita Engine Products To Be Discontinued in March 2022

    Makita, a major power tool company, will discontinue the production of engine products such as engine mowers, engine chainsaws, and other engine products for garden equipment at the end of March 2022. The company will concentrate its resources on its mainstay rechargeable power tools and garden equipment, for which demand is expected to increase in the future. Annual sales of engine products account for less than 2% of the total.

    Source: The Nikkei

    PSR Analysis: I visited Makita's booth at the Agri…

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  • Kawasaki Receives Order for First Electric Tanker

    Akihiro Komuro
    Akihiro Komuro

    Kawasaki Heavy Industries says it has been awarded a contract to design an electric propulsion system for the world’s first electric tanker. Two shipbuilders in Shikoku will build the two vessels, with the first one to be completed by March 2023. It is about 60 meters long and has a gross tonnage of 499 tons.

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  • Yanmar To Analyze Data on Agricultural and Construction Equipment

    Yanmar Holdings announced it will begin operating Yanmar Synergy Square, a support base for monitoring the operational status of customers’ agricultural and construction equipment, beginning Oct. 19, 2020.

    Data will be collected and analyzed via communication from sensors installed on machines and equipment. It will suggest parts replacement and maintenance before they malfunction. It was built at a cost of 2.5 billion yen (23.8 million USD) and will be operated by Yanmar Global CS, a subsidiary of the company.

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  • TADA Raises US$5 Million To Enter EV Tuk Market

    Singapore-based MVLLabs, the operator of car dispatch service TADA, has raised US$5 million. MVLLabs is a company that operates a mobility ecosystem based on the blockchain protocol. TADA, a no-fee car dispatch platform built on MVL’s blockchain, launched in Singapore in 2018.

    In 2020 they are also expanding into Cambodia and Vietnam. MVLLabs plans to use the funds raised to facilitate continuous expansion and further develop the mobility ecosystem.

    According to them, mobility data such as transactions,…

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  • Hyundai and LG Electronics To Collaborate on In-Car Appliances

    Hyundai Motor will collaborate with LG Electronics on home appliances for the interior of electric vehicles. The two companies will work together to develop OLED TVs to be mounted on the ceiling and walls, as well as home appliances such as refrigerators and coffee makers that make the interior of the car more comfortable. They unveiled the next generation concept car “Ionic Concept Cabin.”

    Read More »

Power Systems Research

604, 2-12-12, Rokugatsu
Adachi-Ku, Tokyo 121-0814 Japan
Tel: +81.90.9684.5826

Akihiro Komuro

Senior Research Analyst – Far East and Southeast Asia

Erik Martin

Director – Asia Region

Tohan Research, Inc.

3-5-5, Yokosuka
239-0804 Japan
Tel: +81.90.9139.0934
Fax: +81.46.835.4458

tohanr.com

Shinji Yasueda

Managing Director Japan

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