Japan aims to have all new passenger cars electric by 2050 | Electric Vehicles Research

Japan aims to have all new passenger cars electric by 2050 | Electric Vehicles Research

The Japanese government has aims to have all new cars sold in Japan be electric or hybrid vehicles by 2050 an economy ministry panel has said. For more information see the IDTechEx report on electric vehicles . The panel is reported to have included major automakers such as Toyota Motor Corp, Nissan Motor Co and Honda Motor Co Ltd, also reported that a new industry organization will be set up early next year under which automakers will collaborate in the joint procurement of cobalt, an essential element involved in the manufacturing of electric car batteries . The target is for no new Japanese vehicles to be run solely on gasoline by 2050. "The new entity is aimed to disperse risks among battery users for securing cobalt supply which is dominated by DRC and at a time when growth rate of cobalt's demand is still uncertain," a government source was reported as saying. "Japan...

Full article: http://www.electricvehiclesresearch.com/articles/14968/ja...

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