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Market News

Toyota, Subaru, Suzuki, and Mazda Throw Their Combined 16 Million Might Behind BEVs

Toyota, Subaru, Suzuki, and Mazda Throw Their Combined 16 Million Might Behind BEVs

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Long list of battery-electric products lined-up. Solid-state battery to be launched next year. Nagging doubts about profitability. A common public refrain among Tesla fans and shareholders is that “dinosaur legacy automakers’ are intentionally slowing down the development of electric vehicles, most likely because they are in cahoots with “big oil.” In the privacy of their…

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Aurora partners with Fiat Chrysler over self-driving tech

Aurora partners with Fiat Chrysler over self-driving tech

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A Fiat Chrysler Automobiles (FCA) sign at its U.S. headquarters in Auburn Hills, Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company. The deal with one of the Big Three will…

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Japan’s new supercomputer Fugaku to begin operations around 2021

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The prototype of the Fugaku supercomputer Japan’s new supercomputer Fugaku is set to begin operations around 2021 with the country aiming to regain the title of building the world’s fastest computer, replacing its current supercomputer K, government-backed research institute Riken said Thursday. The Fugaku, a nickname for Mount Fuji, aims to be about 40 to…

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G20 finance leaders say trade, other tensions ‘intensifying,’ but pledge action to counter risks

G20 finance leaders say trade, other tensions ‘intensifying,’ but pledge action to counter risks

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Participants attend a photo session at the end of the G20 finance ministers and central bank governors meeting Sunday in Fukuoka. Finance ministers and central bank chiefs from the Group of 20 major economies wrapped up a meeting in Japan on Sunday with a pledge to use all the policies they can to protect global…

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SoftBank service to help power self-driving buses, farm machinery

SoftBank service to help power self-driving buses, farm machinery

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SoftBank Corp said on Monday it will launch a service this year that would use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and farm machinery. The service, which will begin trials in Japan next month before expanding nationwide in November, aims to provide centimeter-level positioning to the…

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Google and Apple are upending Japan’s salary traditions

Google and Apple are upending Japan’s salary traditions

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Sony chairman Kazuo Hirai with entertainment robots. American individualism is infecting Japan, it seems. Japanese tech companies are having trouble competing with companies like Apple and Google for talent, and they are being forced to rethink traditional approaches to corporate pay by offering more money, faster promotions, and merit-based raises to entice new employees tempted…

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Asia’s AI talent pool broadens, except in Japan

Asia’s AI talent pool broadens, except in Japan

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Asia is evolving into a popular home of artificial intelligence experts with China leading the way, but Japan has proved to be an outlier as its talent pool falls behind the world’s smaller economies in both size and quality. Canadian startup Element AI found that there were 22,400 people worldwide it regarded as top talent…

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Half of consumers want self-driving experience in 5 years

Half of consumers want self-driving experience in 5 years

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More than half of global consumers are keen to adopt autonomous vehicles in the next five years, a new study has found. Following a number of costly accidents, the technology seems to be winning the trust of customers, with 54% of those polled saying they would trust an autonomous vehicle with carrying non-driving friends and…

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Japan beefs up measures against workplace harassment

Japan beefs up measures against workplace harassment

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Office workers are seen through building windows during dusk in Tokyo. The Diet revised various pieces of legislation Wednesday in an effort to bolster measures against workplace harassment, obligating companies to combat the country’s increasingly prevalent reports of bullying and abuse of power. Under revisions to five laws, aspects of workplace harassment were specifically defined…

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Nissan says its Leaf batteries will outlast the car by 10-12 years, looks for reuse solutions

Nissan says its Leaf batteries will outlast the car by 10-12 years, looks for reuse solutions

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Nissan claims the batteries in its Leaf electric cars will last 22 years, an estimated 10-12 years longer than the average life of the car itself. Nissan reached its conclusions based off of data from the 400,000 Leafs it has sold in Europe since 2011, managing director of Renault-Nissan Energy Services Francisco Carranza said at…

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