Author: Reuters

Honda Motor Co said on Wednesday it would begin selling micro-sized commercial electric trucks in 2024, as part of its effort to electrify its vehicle lineups. Honda said earlier this year it would introduce commercial mini-EV models around the 1-million-yen ($7,275.90) price range in early 2024. ($1 = 137.4400 yen)

Mercedes-Benz's first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker's local unit said. Mercedes-Benz has rolled out five electric models since 2019 and "sees further growth in the electric vehicle market in Japan," it said in a statement. Battery EVs have been slow to catch on in Japan, where domestic makers dominate the market.

China Evergrande Group's electric vehicle unit plans to lay off 10% of its workers, a source familiar with the matter said on Friday.