Journal of Japan Academy for Asian Market Economies
Online ISSN : 2424-2195
Print ISSN : 2185-1379
Impacts and Challenges of Expanding Electric Vehicle Production in Asia
Kazuo Ishikawa
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JOURNAL OPEN ACCESS

2023 Volume 26 Pages 21-30

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Abstract

This paper has clarified the impacts and challenges of the expansion of EV production in Asia, especially in China. From the perspective of Japan and Japanese automakers, which have had competitive advantages in gasoline vehicles, the threat of increased production of EV and challenges in the shift to EVs were examined. First, the growing interest in EVs from gasoline vehicles emphasizes environmental friendliness. However, it has made it clear that there is a strong intention by the Chinese government to change the game, aggressive responses by Chinese automakers, and further expansion of the market. However, in EV production, we must not only emphasize zero emissions during driving, but also refer to the emissions generated during the production phase. That also started the tightening of environmental regulations in automobile production in countries such as the United States and China. That also started the preferential treatment for EVs and NEVs, the fact that HVs are not included in eco-friendly vehicles and tend to be excluded, and the situation in which support is being given to domestic EV manufacturers while advocating stricter regulations. As a result, the number of EVs produced in China has increased, and there is also a desire to export overseas, and the situation is being fostered as one of the pillars of the industry. Japanese automakers are behind in EV development because they have achieved results with gasoline vehicles and HVs. He also started the change in the overseas market, where Japanese manufacturers had an overwhelming advantage, and the reluctance to adopt complete EV shift system. However, with the shift to EVs, there are also issues surrounding the EV itself, such as cruising range and storage battery development issues, as well as the expansion of charging facilities.

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© 2023 Japan Academy for Asian Market Economics
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