"Coming together is a beginning, Keeping together is progress. Working together is success." - Henry Ford
Japan's car industry consolidates into two groups led by Toyota and Honda, aiming to enhance EV technology and compete globally.
Software is crucial in the EV industry; Japanese automakers lack expertise compared to Chinese competitors like BYD and Xpeng.
Toyota-led coalition with Subaru, Suzuki, and Mazda and Honda's partnership with Nissan and Mitsubishi focus on EVs and next-gen engines.
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