Japan Revises Battery Strategy

Published: Jun 2, 2026 17:24

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According to a report by the Yomiuri Shimbun on June 2, Japan’s Ministry of Economy, Trade and Industry will hold an expert meeting on the same day to discuss and announce a revised version of its “Battery Industry Strategy.”

The new strategy is based on a detailed forecast that the global battery market will roughly double from 2025 to 2035, reaching JPY 46 trillion.

Accordingly, the Japanese government has set a target to increase the global battery-related revenue of Japanese battery manufacturers to JPY 6 trillion, about three times the current level of less than JPY 2 trillion.

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