Hyperdrive
Japan Carmakers Forge Ahead With EV Investments Despite Slowdown
- Shift won’t proceed in a straight line, Nissan CFO says
- Honda and Subaru executives say they saw potential for plateau
A Nissan Ariya electric crossover sport utility vehicle assembled at the Nissan Intelligent Factory in Kaminokawa, Tochigi Prefecture, Japan.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Japan’s carmakers are keeping their foot on the accelerator when it comes to investing in electric vehicles.
Yes, EV sales growth is slowing, executives have said this earnings season. But this hasn’t come as a shock to manufacturers that largely have been content to let the rest of the world race to electrify before batteries are cheap and enough charging infrastructure is built.