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© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market
By ELAINE KURTENBACH BANGKOK©2025 GPlusMedia Inc.
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DanteKH
The thing is, the Japanese electric cars costs more than 3 times of their Chinese counterparts, which is making the domestic Japanese electric car industry very unattractive and uninteresting.
Since the electric car manufacturing and logistics are very high subsidiezed by the Chinese government, there is almost zero chance that the Japanese electric cars to be able to compete with the Chinese made ones, not unless there is a big government investment in Japan too.