aims to achieve carbon neutrality by 2060 and has emphasized electrification of the transportation sector. The government has set a production target of Low Carbon Emission Vehicles (LCEVs, including battery EVs (BEV), hybrid vehicles (HV), and plug-in hybrid vehicles (PHV)) at 1 million units in 2035. The government also aims for BEVs accounting for 20% of automobile production by 2025.   To promote electrified vehicles, the government will co...

Market & Tech Reports  Updated at: 2025/06/13

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Who Supplies Whom  Updated at: 2025/06/12