News

Hyundai and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with GM, while also discussing potential collaborations on pickup trucks, computing chips, batteries, and SUVs. This partnership aims to reduce costs and speed up development in the face of rising competition from Chinese EV makers and a global chip shortage.

Nissan tested self-driving cars on city roads in Yokohama, aiming to develop transportation services using autonomous driving technologies within three years. The company plans to increase the number of self-driving cars and start transportation services in multiple municipalities as early as fiscal 2027.

The Japanese government has begun releasing its massive stockpile of rice to combat soaring prices, with the surplus expected to hit supermarket shelves as early as the end of March. The move comes as a welcome relief for shoppers who have been struggling with the record-high cost of the staple food.

A study by JAMSTEC, the University of Tokyo, and Hokkaido University found that climate change is causing an increase in Japanese eel larvae reaching Hokkaido, potentially boosting the population of this endangered species. The researchers are studying the growth and survival of larvae in Hokkaido to develop conservation strategies.

The proposed takeover of Seven & i Holdings by Couche-Tard has hit a snag, with both sides accusing each other of hindering progress. Seven & i claims Couche-Tard refused to guarantee a non-hostile takeover, while Couche-Tard criticizes Seven & i's passivity and disagreement on U.S. outlet divestitures.