Global NEV sales up 31% in 3Q25 November 25, 2025 TrendForce’s latest investigations reveal that global NEV sales hit 5.39 million units in the third quarter of 2025, showing a 31% YoY growth. BEVs made up 3.71 million units, with a notable 48% YoY growth, while PHEVs reached 1.67 million units, marking a 4% increase year over year.
Toyota opens US battery plant, confirms $10 billion investment November 14, 2025 Toyota Battery Manufacturing, North Carolina (TBMNC) is the Japanese automaker’s 11th manufacturing facility in the US, representing an investment of nearly USD 14 billion and the creation of up to 5,100 new jobs.
Sumitomo partners with Toyota to mass produce cathode materials October 17, 2025 Since around 2021, the two Japanese companies have been conducting joint research on cathode materials for all-solid-state batteries, to be installed in battery electric vehicles (BEVs).
Isuzu, Toyota to jointly develop next-gen fuel cell route bus October 10, 2025 Isuzu is working to commercialize the next-generation fuel cell (FC) route bus as a new technology. Toyota is advancing various initiatives in producing, transporting, storing and using hydrogen in collaboration with a wide range of partners across industries.
Stoke raises $510M to scale manufacturing of reusable launch vehicle October 10, 2025 The new capital will expand production capacity for the Nova vehicle and complete activation of Launch Complex 14 at Cape Canaveral. The US company will also invest in supply chain, its Boltline product, and infrastructure to prepare for high-cadence launch operations.
Toyota to build first European BEV in Czech Republic September 04, 2025 Toyota Motor Europe (TME) will invest approximately 680 million EUR to expand its Kolín plant in the Czech Republic, where the company will produce its first battery-electric vehicle (BEV) in Europe.
Toyota, Mazda start field tests of energy storage system August 22, 2025 For the tests, the power system at Mazda’s headquarters campus and Toyota’s system that utilizes batteries from electrified vehicles will be connected through their respective energy management systems.
Japan’s Interstellar secures $62 million in Series F Funding August 18, 2025 Interstellar is advancing the vertical integration of its launch vehicle and satellite communications businesses. The company is developing its orbital launch vehicle, ZERO, and was selected for Phase 3 of the Japanese government’s Small Business Innovation Research (SBIR) program.
Asahi Kasei to supply lithium-ion battery separator to Toyota Tsusho August 06, 2025 This partnership allows Asahi Kasei to mitigate the risk of market fluctuations and effectively utilize resources by maintaining high rates of operation. Toyota Tsusho will benefit from a stable supply of LIB separator as it promotes the establishment of an automotive battery supply chain in North America.
Mitsubishi Fuso-Hino merger: 4 firms collaborate to boost Japan’s automotive sector July 02, 2025 The four firms agreed to collaborate based on a shared desire to create the future of commercial vehicles and will work together to address issues involving commercial vehicles, such as carbon neutrality and logistics efficiency.
Toyota Tsusho, LG Energy establish battery reclamation JV in US June 27, 2025 Going forward, Green Metals Battery Innovations (GMBI) plans to build a facility with an objective to achieve annual processing capacity of up to 13,500 tons of scrap, equivalent to more than 40,000 automotive battery units.
Toyota teams up with Japanese oil giant to build all-solid-state EV batteries March 03, 2025 Japanese automaker Toyota has teamed up with the oil giant Idemitsu Kosan to construct a large-scale lithium sulfide plant to supply raw materials for Toyota’s all-solid-state EV battery production line.
Idemitsu’s lithium sulphide plant will support Toyota’s EV goals February 28, 2025 The facility at Idemitsu’s Chiba refinery, expected to be completed by mid-2027 at a cost of USD 143 million, will have a production capacity of 1,000 metric tons of lithium sulphide annually.
Toyota backs LG’s Michigan battery plant with $1.5B order February 21, 2025 LG Energy Solution was looking for new customers after General Motors reached a non-binding agreement with LG to sell its stake in the Lansing, Michigan, plant.
Toyota Establishes New EV and Battery Production Company in China February 10, 2025 Toyota has announced that it will establish a wholly owned production company in Shanghai to increase its production of EVs and batteries for its Lexus brand.
Toyota ready to begin production in $14B battery plant in US February 06, 2025 The battery facility in North Carolina, Toyota's 11th manufacturing plant in the US, will produce batteries for hybrid EVs, plug-in hybrid EVs and battery electric vehicles.
Rapidus targeting 2nm chip production for Broadcom January 13, 2025 Fresh reports say Japanese foundry Rapidus will begin trial production of 2nm chips in April 2025, and has Broadcom lined up as its first major customer.
Volkswagen user data leaked January 03, 2025 Cariad, Volkswagen's software development subsidiary, has unwittingly leaked sensitive user data for electric vehicles from Volkswagen, Audi, Seat and Skoda. The leak included email addresses, phone numbers, location details and car owners' data.
China and Korea to overtake Japan in commercialization of All-Solid-State Batteries January 02, 2025 China and South Korea are expected to overtake Japan in the commercialization of semiconductor batteries in 2024 thanks to a subsidy of more than $660 million, according to recent TrendForce reports.
Japan to invest $635M in chipmaker Rapidus in 2025 December 27, 2024 Rapidus is building a plant in the city of Chitose in Hokkaido to start mass production of next-generation semiconductors with a circuit line width of 2 nanometers in 2027.
India mulls $1.1 billion plan to boost EV battery production December 02, 2024 The scheme aims to support the domestic manufacturing of key components such as electrodes, anodes, cathodes, electrolytes and copper foil that require heavy capital investment and R&D.
With Tesla entry uncertain, India woos other EV makers November 29, 2024 The Indian government is now also considering EV investments at existing factories that currently build gasoline-engine and hybrid cars, sources told Reuters.
Japan to invest $1.3 billion in chip start-up Rapidus November 29, 2024 The move comes after the Japanese government has already agreed to provide 920 billion yen in subsidies to semiconductor startup Rapidus as the chipmaker prepares to begin mass production in 2027.
Battery start-up Ion secures $10 million investment November 15, 2024 Earlier, Ion Storage Systems got a USD 1.5 million grant from Maryland Technology Development Corp, and a USD 20 million award from Department of Energy’s Advanced Research Projects Agency-Energy.
Toyota to get Suzuki’s first-ever electric vehicle November 01, 2024 The new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring of 2025. This new development marks the first BEV in the OEM relationship between the two companies.
Toyota invests $500 million in US electric air taxi company Joby Aviation October 04, 2024 Toyota’s investment will be used to support certification and production of Joby’s electric air taxi, bringing Toyota’s total investment in Joby to USD 894 million.
Fire breaks out in CATL factory in China, no casualties reported September 30, 2024 Emergency services were sent to the plant belonging to Chinese battery maker to fight the fire and organize the evacuation of any people inside the 15,000 square metre facility in Ningde.
Redwood Materials partners with BMW of North America September 20, 2024 The battery recycling specialist will recover BMW vehicles' end-of-life lithium-ion cells and take them to its facilities in Reno, Nevada, where it will recycle and refine their critical minerals.
GM may buy EV batteries built with Chinese tech September 16, 2024 But the batteries will be assembled in the US at a proposed plant funded and operated by Japanese consumer electronic firm TDK Corp.
$10 billion chip project in Maharashtra gets government approval September 06, 2024 The fab project is to be jointly set up by India’s Adani Group and Israel’s Tower Semiconductor. However, it requires the approval of the central government.
Toyota, Nissan join $7 billion push to boost Japan’s battery production September 06, 2024 Toyota and Nissan are likely to invest 250 billion yen and 150 billion yen, respectively, while Panasonic is investing another 550 billion yen.
Toyota planning to expand EV manufacturing in India August 02, 2024 Japan's automotive giant Toyota has signed a Memorandum of Understanding (MOU) with the government of Maharashtra to build a new manufacturing setup at Chhatrapati Sambhaji Nagar.