作者： sarah

TOKYO, Sept 13, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) is developing a technology that uses AI to analyze the trustworthiness of information on the Internet from multiple perspectives and support fact-checking. This is being carried out as part of a project under Japan’s Ministry of Internal Affairs and Communications to develop and demonstrate technologies to counter false and misleading information on the Internet.The effectiveness of the technology will be evaluated by fact-checking organizations such as the Japan Fact-check Center(1) and mass media, including broadcasters, with the aim of improving its trustworthiness. The period of this demonstration project is from August 2024 to March 2025.Framework of the new technologyThe large volume of false and misleading information on the Internet has become a growing problem, and countermeasure technologies are attracting greater attention. Fact-checking organizations and media outlets that are responsible for disseminating highly reliable information are burdened by the large amount of labor that is required to determine the trustworthiness of information. NEC is developing a technology to support fact-checking by utilizing state-of-the-art AI, such Large Language Models (LLM) to analyze and judge the authenticity of content.Outline of the TechnologyThe technology uses AI to analyze whether content consisting of multiple types of data (text, images, video, and audio) is false or misleading. First, the technology detects whether images and other data have been processed, AI then recognizes multiple types of data and converts them into text. Next, LLM that specialize in false information analysis evaluate the text to determine whether the content is correct, whether the information has a reliable source, and whether there are any inconsistencies among the data (e.g., discrepancies between the text and video content).In addition, the technology creates reports in a format similar to reports and articles prepared by experts at fact-checking organizations. The technology also helps to improve fact-checking operations by enabling adjustments according to a user's instructions, such as deleting unreliable information or adding new information.Fact-checking organizations such as the Japan Fact-check Center and mass media, including broadcasting stations, will be evaluating the performance of the technology, aiming to improve its trustworthiness and for it to be available for practical application in FY2025~2026.Under the value-delivery model "NEC BluStellar"(2), NEC is transforming business models with cutting-edge technologies to help solve challenges for customers and society.(1) Japan Fact-check Center: https://www.factcheckcenter.jp/english-page/(2) NEC provides end-to-end services for digital transformation (DX) through the "NEC BluStellar" value-delivery model. NEC BluStellar transforms business models to address social and business challenges by applying diverse industry insights and world-leading technological expertise to the entire DX process, from customer strategy consultation through implementation.ShareAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

KARIYA, JAPAN, Sept 13, 2024 - (JCN Newswire via SeaPRwire.com) - DENSO Corporation today announced it has decided to transfer all its shares in NiPPA Co., Ltd. (NiPPA), a DENSO group company, to a special purpose company called NiPPA Holdings. NiPPA Holdings’ entire stake is held by a fund operated by Nippon Mirai Holdings Co., Ltd. (NMC). The transfer of all shares of NiPPA held by DENSO (effective September 30, 2024) and the conversion of NiPPA into a wholly owned subsidiary by NiPPA Holdings (effective October 1, 2024) were resolved at NiPPA’s shareholders meeting today.Since its founding in 1936, NiPPA has operated as Nihon Pakkin Manufacturing Co., Ltd., with its main businesses being complex precision stamping, insert molding and radiator cap manufacturing. Since DENSO’s equity participation in 1992, NiPPA, which excels at manufacturing high-precision parts and possesses strong engineering capabilities, has refined its technologies, enhanced its competitiveness and grown through joint development of different thickness drawing*1 and other technologies.Amid changes in the business environment, such as the spread of electrification and advances in autonomous driving technology, DENSO and NiPPA have examined how they can continue to create social value and sustainable business growth. DENSO decided to transfer its NiPPA shares to better promote NiPPA’s expansion into non-automotive fields. The move allows NiPPA to leverage the technologies and skills acquired by NiPPA under NMC, which has extensive experience in supporting growth strategies of the manufacturing industry, thus enabling NiPPA to continue sustainable growth.DENSO will continue to reform its business portfolio and contribute to the further development of the mobility society by actively working to maintain and strengthen its supply chain while taking into account the future business plans of its business partners.(1) A processing technique to partially change the thickness of stamped partsFor more information visit https://www.denso.com/.  Copyright 2024 JCN Newswire via SeaPRwire.com.

LONDON, Sept 12, 2024 - (JCN Newswire via SeaPRwire.com) - Transport for Wales (TfW) has selected Hitachi to help digitally transform publictransport within Wales, making it easier for customers to plan, book and pay for different modes of travel.Highlights:Five-year partnership to digitallyconnect public transport journeysacross Wales through a single app.Applying knowledge and experiencefrom Japan’s rail network, Hitachi will create multimodal booking system includes all public transport, bikes, e- scooters and demand-based solutions.Partnership exemplifies how HitachiRail is driving the mobility transition, making sustainable, low carbon travel easier to choose, plan and pay for.Over the next five years, Hitachi will deliver a multimodal digital booking system that will include all modes of publictransport and be available to customers through a simple, user friendly app.Rail, local bus, fflecsi and TrawsCymru services will all be available to plan and book through the one digital back-office solution from Hitachi, as well as a host of other micromobility (bikes, e-scooters) and demand-based mobilitysolutions already being used in Wales.Hitachi is leveraging its digital expertise from its involvement in ticketing on the Japanese rail network and various initiatives in Italy to develop a bespoke Mobility as a Service (MaaS) product for Wales. With over 50 million multimodal ticketing transactions taking place every day using Hitachi Rail ticketing technology, the global provider of rail solutions will use its experience of digitally connecting millions of journeys daily to deliver a unique partnership with TfW.Marie Daly, Chief Customer and Culture Officer at TfW said:"At TfW we're always looking to improve the customer experience and in doing this we want to attract more people to our public transport network."This exciting and ambitious project will deliver a digital solution that will help our customers plan point to point journeys using different modes of public transport. It's all part of our longer-term plans and aspirations to provide ourcustomers with one network, one timetable and one ticket."We look forward to working with Hitachi and bringing this global expertise to public transport in Wales."MaaS solutions typically focus on urban areas; however, this partnership is pioneering because it will cover the entiretyof Wales, including rural areas that are often overlooked for digital innovation. Equally, MaaS will make greener, lowcarbon travel easier to choose, plan and pay for. This will help accelerate green transformation within cities and the Welsh countryside.Hitachi’s extensive expertise in digital systems integration was a key factor in being chosen as TfW’s MaaS technology partner. Equally, Hitachi can call upon the Hitachi group’s digital expertise in AI and its Microsoft Azure frameworkagreement to ensure the system is always at the forefront of innovation, making it easy to integrate more modes of transport, expand coverage and meet growing demand.Justin Southcombe, Commercial Director at Hitachi Rail said:“This strategic partnership with TfW will benefit from the breadth of mobility, digital and behavioural science expertise that exists in the Hitachi Group.“Hitachi can combine the latest in cutting-edge digital technology, with deep knowledge of managing some of the world’s most popular transport systems, to better connect journeys. “By making public transport more accessible and user-friendly, Hitachi can help increase sustainable travel in Wales.”This MaaS project is an example of how Hitachi Rail is driving the mobility transition by digitally connecting modes of transport, making it easier for passengers to plan and choose public transport. Enhancing connectivity encouragesmodal shift to public transport to deliver sustainable travel and reduce transport emissions.Meanwhile, Hitachi is using its existing collaboration with Goldsmith University to incorporate new research and development around behavioural science, so that humans’ motivations in their travel decisions are built into the design. This ability to draw on R&D and digital expertise of different group businesses demonstrates how Hitachi can be a strategic partner to deliver digital and mobility solutions.On 31 May 2024, Hitachi Rail completed the acquisition of Thales’ Ground Transportation Systems business (GTS),expanding the business’s footprint to 24,000 colleagues across 51 countries. The acquisition has enabled Hitachi Rail to expand its product and technology portfolio, including enhancing its expertise in delivering smart mobility solutions. On 24-27 September, Hitachi Rail will exhibit a range of its smart mobility solutions at the global rail exhibition, InnoTrans in Berlin.More information on Hitachi Europe R&D partnership with Goldsmith University can be viewed hereAbout Hitachi RailHitachi Rail is connecting the future of mobility - helping every passenger, customer and community enjoy the benefits of more seamless, sustainable transport.With innovative technology and world-leading delivery capabilities, Hitachi Rail is a trusted partner to customers andconsortia partners globally. The company is an expert in every part of the railway: from train manufacturing and maintenance to digital signalling and smart mobility. Its pioneering products, such as the iconic high speed bullet train,enable billions of passenger journeys and the transport of millions of tonnes of freight, every year.Drawing on the powerful expertise of the wider Hitachi group companies, Hitachi Rail is uniquely placed to furtherenhance its offer to customers through pioneering new digital solutions and services.In FY22, Hitachi Rail had revenues of over €5bn. The company has around 15,000 employees in 38 countries, and it invests in its diverse and talented teams.Hitachi Rail’s business is local, but its reach is global. With deep roots in its communities, the company is committed to delivering sustainable progress for all.Find out more by visiting hitachirail.com Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sept 12, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) has published the ESG Databook 2024, a report on its ESG (Environmental, Social, and Governance) initiatives from April 2023 onwards.NEC ESG Databook 2024URL: www.nec.com/en/global/sustainability/report/index.html As outlined in its Mid-term Management Plan 2025 (*), NEC aims to create social and environmental value through its business, with a focus on growth areas, and as part of its financial strategy, is strengthening its non-financial foundations to support the sustainable growth of the company and society.The main initiatives outlined in the ESG Databook 2024 are as follows:1. Utilization of Sustainability Information Disclosure StandardsThe ESG Databook 2024 was composed with reference to the four components of the ISSB and SSBJ drafts of Sustainability Information Disclosure Standards: "Governance," "Strategy," "Risk Management (including NEC’s unique opportunity creation)," and "Indicators and Goals." In addition to examining the gap between disclosure standards and actual initiatives, the Databook will also be used as a tool for dialogue with investors and research institutions that utilize it.2. Initiatives to reduce capital costs by promoting businesses that contribute to carbon neutrality and by addressing environmental risksIn response to the growing interest in decarbonization among customers and society, NEC is introducing a variety of environmental solutions, including its Sustainability Transformation (SX) consulting services, which support the formulation of strategies and roadmaps toward carbon neutrality and nature positivity. Specifically, in response to the intensification of natural disasters caused by climate change, the Japan Consortium for Adaptation Finance was established with Mitsui Sumitomo Insurance Company, Limited in order to expand the market for "Adaptation Finance," which promotes the procurement of funds by visualizing the effects of adaptation measures using digital technologies. In addition, to ensure a stable supply of food, NEC is expanding sales of AI-based agricultural support solutions through strategic partnerships that act as a new pillar for growth business.Meanwhile, for the third consecutive year, NEC has issued sustainability-linked bonds with KPIs based on the strength of its environmental initiatives, including its selection as a CDP "A-List (Climate Change)" company for five consecutive years, in an effort to reduce its capital costs. Furthermore, in July 2023, NEC became the first company from Japan’s IT industry to issue a TNFD report, disclosing its natural capital initiatives to stakeholders, and in June 2024, published a second edition.3. Strengthening security for NEC and society, and strengthening the acquisition and development of human resourcesAs NEC is engaged in businesses that have a high level of public importance, it has positioned cybersecurity and information security as a form of materiality. NEC is promoting measures in accordance with the Cybersecurity Management Guidelines Ver. 3.0 of Japan's Ministry of Economy, Trade and Industry and the NIST Cybersecurity Framework Ver. 2.0 of the U.S.-based National Institute of Standards and Technology (NIST), and discloses its initiatives in the "NEC Information Security Report." In fiscal 2023, NEC was awarded the highest rating of "Two Stars" by the Japan Federation of Information Technology Associations (JFIA) as a company with particularly excellent security measures and as a model to emulate.NEC Information Security Report 2024 (published in September 2024)URL: www.nec.com/en/global/sustainability/security/index.html Additionally, as part of NEC’s human resource management, the company is also strengthening the acquisition and development of security and digital transformation (DX) personnel who can meet the expectations and deserve the trust of customers.4. Strengthening Corporate GovernanceIn June 2023, NEC transitioned from a company with a board of corporate auditors to a company with a nominating committee, etc. By clearly separating supervision and execution, NEC has strengthened the supervisory function of the board of directors, while at the same time accelerating decision-making and business execution by delegating significant authority to executive officers.5. Continued inclusion in major ESG indicesAs a result of these efforts, NEC continues to be included in major ESG indices, such as the Dow Jones Sustainability Indices Asia Pacific Index, the FTSE4Good Index Series, and the MSCI ESG Leaders Indexes, which is one of the financial strategy targets of the Mid-term Management Plan 2025.Guided by the NEC Way, NEC aims to create the social values of safety, security, fairness and efficiency and to promote a more sustainable world where everyone has the chance to reach their full potential. Moreover, NEC contributes to all 17 SDGs by actively engaging with various stakeholders and leveraging the power of ICT to address social challenges.(*) Mid-term Management Plan 2025: www.nec.com/en/global/ir/library/plan2025.html About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.  Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sept 11, 2024 - (JCN Newswire via SeaPRwire.com) - Honda(1) today announced that it has begun joint research on AI technologies with the Indian Institutes of Technology (IITs), more specifically, Indian Institute of Technology Delhi (IIT Delhi) and Indian Institute of Technology Bombay (IIT Bombay), to further advance Honda CI (Cooperative Intelligence, CI(2)), original Honda AI that enables mutual understanding between machines and people.The IITs are a home to a large number of excellent researchers and engineers, and through the joint research with those institutes, Honda will strive to advance the underlying technologies of CI, with an eye toward the future applications for technologies that reduce traffic collisions and enable automated driving.Honda has been working on research and development of CI with the aim to realize a society where each and every person can enjoy the joy and freedom of mobility. To this end, Honda is trying to make the mobility of people and things ubiquitous (whenever, wherever, to any destination), collision-free and stress-free. Honda is currently conducting technology demonstrations as a proof of concept of its CI-powered micro-mobility vehicle/robot in Joso City, Ibaraki Prefecture, Japan.Aiming to achieve further advancement of CI, Honda and IITs have set joint research themes such as recognition of the surrounding environment and cultivation of cooperative behavior, and will conduct joint research and development while utilizing the cutting-edge AI technologies. Moreover, for each research theme, Honda associates and IIT professors will jointly engage with IIT students for planning, designing, developing and testing technologies which work beyond the confines of the laboratory and thereby proceed with the research and development more flexibly and with a high degree of freedom. This will enable Honda and IITs to work in a more flexible environment with deeper exchange of academic and industry insights.In addition, as part of this joint research, Honda with the help of IITs is aiming to conduct verification of driving assistance and automated driving technologies in the suburbs of Delhi and in Mumbai. Due to numerous variations in the road systems and a large number of road users, India has a complex traffic environment where situations that occur frequently are difficult for AI to predict. By conducting technology verification in such a technically challenging environment, Honda and IITs will refine the underlying technologies of CI and strive to apply them to future driver assistance and automated driving technologies in various regions of the world, including India.Honda has been actively hiring IIT graduates since 2019, and many of them are now playing key roles in the areas of mobility intelligence, including the research and development of CI. By pursuing joint research programs with IIT professors and students specializing in cutting-edge AI and automated driving technologies, Honda will accelerate research and development of CI and also contribute to the fostering of researchers who will play a role in future AI research by providing them with practical research opportunities.(1) Honda Cars India Limited (HCIL), a Honda subsidiary in India, will sign a joint research contract with IITs. Engineers from both HCIL and Honda R&D Co., Ltd. a R&D subsidiary of Honda, will participate in the joint research.(2) A type of artificial intelligence that supports the user while cooperating with the user and people around them by communicating with gestures/behaviors and words. Achieving mutual understanding and cooperation between people and systems with CI will enable them to coexist in various situations including complex traffic environments.About Indian Institutes of Technology (IITs)The Indian Institutes of Technology (IITs) are national institutes leading the world in cutting-edge engineering and science and technology research. The IITs comprise 23 institutions, each of which is independently organized contributing to advanced technology and research. Indian Institute of Technology Delhi (IIT Delhi), located in Delhi, the capital of India, is home to high end laboratories and centers of excellence trying to tackle the most challenging problems of the world ranging from collaborative robots to carbon neutrality. The Indian Institute of Technology Bombay located in Mumbai, the financial capital of India, houses the Centre for Machine Intelligence and Data Science (C-MInDS) a multi-disciplinary collaborative effort to tackle challenges pertaining to the frontiers of AI and Machine Learning. Both IIT Delhi and IIT Bombay have been recognized as Institutes of Eminence by the government of India.Indian Institute of Technology Delhi (IIT Delhi)Establishment: 1961Location: DelhiDirector: Prof. Rangan BanerjeeIndian Institute of Technology Bombay (IIT Bombay)Establishment: 1958Location: Mumbai, MaharashtraDirector: Prof. Shireesh Kedare Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sept 10, 2024 - (JCN Newswire via SeaPRwire.com) - TRENDE Inc., a renewable energy company that develops and provides renewable energy solutions to residential customers in Japan, today announced the launch of its commercial peer-to-peer (P2P) energy trading service in collaboration with the National Federation of Agricultural Cooperative Associations (JA Group) and ITOCHU Corporation. This groundbreaking initiative is part of the "Smart Agri Community" project, a smart city concept tailored for the JA Group. The P2P energy trading service leverages AI-powered demand forecasting and blockchain technology to enable direct energy transactions between prosumers (producers and consumers) with solar PV and storage systems. This innovative approach breaks away from the traditional one-way power flow from utilities to consumers.As solar PV systems installed under the Feed-in Tariff (FIT) program reach the end of their contract periods, prosumers can now sell their excess electricity directly to other consumers through TRENDE’s P2P platform. This creates new revenue streams for prosumers while allowing consumers to purchase affordable renewable energy, effectively circulating clean energy within the community without waste."We are thrilled to launch this commercial P2P energy trading service, which aligns perfectly with our mission to promote renewable energy adoption," said Masashi Nishio, CEO of TRENDE. "This partnership with JA Group and ITOCHU marks a significant milestone in our efforts to accelerate the transition to a sustainable energy future."The project is currently being piloted in Gunma Prefecture, with plans to expand to A-COOP supermarkets and JA cooperatives nationwide. Early results have shown economic benefits for all participants, demonstrating the potential of "locally produced, locally consumed" renewable energy.TRENDE has been at the forefront of P2P energy trading research and development. The company has collaborated with the University of Tokyo and Toyota Motor Corporation on blockchain-enabled energy transactions between homes, businesses, and electric vehicles to create a sustainable society."We are excited to see the commercial launch of this innovative P2P energy trading service," said Hiroaki Murase, General Manager, Sustainable Energy Business Department of ITOCHU Corporation. "This partnership with JA Group and TRENDE is a significant step forward in our efforts to drive decarbonization solutions and create a more sustainable future."About TRENDETRENDE Inc. is a renewable energy company that develops and provides renewable energy solutions to residential customers in Japan via its Teraris (https://teraris.jp/) service website. TRENDE’s mission is to accelerate the widespread adoption of renewable energy and redefine the energy ecosystem in Japan with a customer-centric business model and innovative P2P platform. The company’s investors include Itochu, Idemitsu and Dubai Electricity and Water Authority.  For more information, please visit http://trende.jp/.For inquiries, please contact:TRENDE Inc.Email: pr@trende.jp Copyright 2024 JCN Newswire via SeaPRwire.com.

KARIYA, JAPAN, Sept 9, 2024 - (JCN Newswire via SeaPRwire.com) - DENSO CORPORATION today announced that it will build a new plant by expanding the site of the Zenmyo Plant in Nishio City, Aichi Prefecture. Construction will start in the first half of FY2025 and will be completed in January 2027, with production slated to start in the first half of FY2028. The total investment will be about 69 billion yen.Image of the new plantDENSO has been expanding the value that it offers in the “green” and “peace of mind” domains based on technologies refined in the automotive business as the core. To evolve from a “Tier 1 supplier that supports the auto industry” to a “Tier 1 supplier that supports a mobility-centered society,” DENSO has been working on three challenges: “evolution of mobility,” “creation of new value,” and “strengthening of fundamental technologies.”Software, which is part of “strengthening of fundamental technologies,” is embedded in electronic control units (ECUs), which control electrification products and ADAS products, and plays a key role. Software will keep growing with the advancement of software-defined vehicles (SDVs) and electrification, and large-scale integrated ECUs will be required for overall control of vehicle functions. The new plant will feature a production system that can quickly respond to market expansion and customers’ needs in the future by mainly manufacturing large-scale integrated ECUs.The new plant will be the first to incorporate DENSO’s next-generation plant concept from the planning phase. The plant will realize a creative workstyle based on digital infrastructure and automation technology, which will be deployed across the plant. It will also be capable of 24-hour unmanned operation, significantly improving production efficiency. Further, the aim is to build an environmentally friendly carbon-neutral plant by utilizing private power generation, which will use solar panels and hydrogen.Features of the next-generation plant1. Flexible production systemProducts will be standardized by using common materials and components of products. Diverse products will be produced on a single line in combination with production lines that enable equipment to be easily recombined, thus quickly and flexibly handling changes in the types and quantities of products.The components and units of the production equipment will be standardized. The processing programs will also be standardized, and software compatibility will be enhanced to significantly reduce the lead time for production preparation.2. 24-hour unmanned operationThe equipment and the flow of goods will be constantly monitored by cameras and sensors in the plant. When signs of equipment failure are detected, the situation will be judged remotely and action will be taken before the equipment fails, enabling production lines to run non-stop.In addition to the production lines, the entire process, including unloading of materials and components, transfer within the plant, replenishment and feeding of materials, and packing of products for shipment will be automated to realize unmanned operation.3. Shifting to a workstyle that takes full advantage of digital solutionsThe plant will be reproduced virtually by using digital twin technology. Equipment verification and kaizen simulations will help build an efficient and streamlined production system.The on-site know-how accumulated through manufacturing operations will be turned into explicit knowledge, and a database will be created so that the knowledge is available to anyone. The database will be used to increase automation, perform the kaizen cycle quickly, and facilitate the evolution of manufacturing.DENSO will continue to address social challenges, such as the declining labor force and environmental concerns, through innovative manufacturing methods, thereby fostering a sense of security and well-being for everyone.For more information, visit https://toyotagazooracing.com/wec/release/2024/rd07-preview/. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sept 7, 2024 - (JCN Newswire via SeaPRwire.com) - TANAKA Holdings Co., Ltd. (Head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka) announces that its Board of Directors tentatively decided, at a meeting held on August 19, 2024, the appointment of executives for TANAKA PRECIOUS METAL GROUP CO., LTD., which will be newly established on September 30, and group companies (TANAKA PRECIOUS METAL TECHNOLOGIES CO., LTD., TANAKA PRECIOUS METAL RETAILING CO., LTD., TANAKA ELECTRONICS CO., LTD., and EEJA Ltd.).TANAKA Holdings Websitehttps://www.tanaka.co.jp/english/ Press inquiriesTANAKA Holdings Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media  Press Release: https://www.acnnewswire.com/docs/files/20240906.pdf  Copyright 2024 JCN Newswire via SeaPRwire.com.

Toyota City, Japan, Sept 6, 2024 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) announced today that the development and production plans for its next-generation batteries (performance version) and all-solid-state batteries were certified by the Ministry of Economy, Trade and Industry (METI) as part of the Japanese government's "Supply Assurance Plan for Batteries."Certification was granted for (1) production of next-generation batteries (performance version) at Prime Planet Energy & Solutions, Inc. (PPES), (2) production of next-generation batteries (performance version) at Primearth EV Energy Co., Ltd.*1(PEVE) and (3) R&D and production of all-solid-state batteries.(1)Next-Generation Battery (Performance Version)PPES, ToyotaStarting from 2026, gradually implemented9GWh/year(2)PEVE*1, Toyota(3)All-Solid-State BatteryToyota*1Effective October 1, 2024, PEVE will be renamed "TOYOTA BATTERY Co., Ltd."The "Initiatives to Ensure A Stable Supply of Batteries," a policy defined by METI, is based on the Economic Security Promotion Act. The policy aims to strengthen the production infrastructure of batteries, including battery cells, materials, and manufacturing equipment, which have been designated as critical materials. The battery industry is an equipment-intensive industry requiring large-scale investments in significant facilities. To maintain and enhance manufacturing capabilities and technologies within Japan's battery industry, which includes equipment industries and material manufacturers, government support is provided.By advancing battery development and production in Japan, Toyota aims to contribute to the further development of the industry and the strengthening of the production infrastructure of batteries. Additionally, by enhancing the competitiveness of batteries, Toyota seeks to improve the marketability of electrified vehicles and achieve carbon neutrality through a multi-pathway approach.For more information, visit https://global.toyota/en/newsroom/corporate/41100223.html.About Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.