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Excerpt from www.wionews.com
To counter China’s increasing influence in the electric vehicle (EV) market, Japan and the Association of Southeast Asian Nations (ASEAN) are set to unveil their inaugural joint strategy for automobile production and sales within the region.
This collaborative initiative, as reported by the Nikkei newspaper on Monday, aims to establish a solid framework by 2035, focusing on several strategic areas including decarbonisation, mineral resource procurement, and investment in next-generation automotive technologies.
Scheduled for discussion during the economic ministers’ meeting between Japan and ASEAN members, potentially as early as September next year, the strategy will address the growing necessity for enhanced cooperation in personnel training and sustainable production practices.
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