Idemitsu Entering Electric Car Business

Akihabara News (Tokyo) — Idemitsu Kosan, mainly known an an oil refining company, has reportedly decided to enter the electric car market this year in partnership with the Tajima Motor Corporation.

This news, which was first reported by the Nihon Keizai Shinbun, has not yet been confirmed by the companies.

The report indicates that the Idemitsu battery electric vehicle (BEV) will be an ultra-compact four-seater designed to quite affordable at under ¥1.5 million (US$14,290) per unit. It is designed for tasks such as taking a run to the supermarket. Even cheaper BEVs are beginning to sell well in China, and Idemitsu hopes to develop a similar product for Japan.

The firm plans to begin selling the BEVs by the end of the year, using the Idemitsu chain of gas stations across the nation as de facto auto showrooms.

The Idemitsu ultra-compact BEV has a total length of 2.5 meters and a width of 1.3 meters, and will have a maximum speed 60 kilometers per hour.

The vehicles will have a lithium-ion battery that can be charged from a household outlet, taking about eight hours. The cruising range on a full charge will be about 100 kilometers.

Recent Articles

Central Osaka in the Covid Emergency

SNA Travel (Osaka) — The presence of the Covid pandemic is still heavily felt in Japan’s second city, Osaka. Covid safety measures...

Japan’s Slow March Towards Innovation

Akihabara News (Tokyo) -- In the second episode of the Akihabara News podcast Japan Startup Megaphone, neuroscientist Kenichiro Mogi speaks about the...

XELS Marries Blockchain with Carbon Reduction

Akihabara News (Tokyo) -- XELS, a startup based in Tokyo and Hong Kong, is today launching a blockchain platform for buying and...

Hatching Software Engineers for Japan’s Future

Akihabara News (Tokyo) -- Code Chrysalis, co-founded by Chinese American Yan Fan, is offering a coding boot camp service for foreigners and...

Gardens Growing on Tokyo Rooftops

Akihabara News (Tokyo) -- About three years ago the Grand Hyatt Tokyo built an organic garden along the urban skyline, allowing the...

Related Stories