The delay in the Japanese carmakers' entry into the EV field has begun to affect their international competitiveness, which they are out to reverse.
Japanese automakers feel a sense of crisis as American and Chinese manufacturers dominate the market. Honda and Nissan aim to strengthen their competitiveness.
As Mitsubishi stops making cars in China, business leaders express concern about cutthroat competition and anti-foreigner sentiment.
The small cars are popular for their low prices and low maintenance costs, including taxes, and now occupy nearly 40% of Japan’s new car market.
