Mazda Motor Corp.'s Iconic SP, a concept sportscar powered by a hybrid rotary engine, hinted at what the future might hold for the MX-5 Miata, the carmaker's iconic roadster. Still, adoption remains limited in the island nation, where battery electric vehicles accounted for just 1.5% of new vehicle sales in 2022. At the same time, China’s BYD, which is expanding its global footprint and is looking to gain a toehold in Japan, rolled out a number of present and future models headed for the country’s untapped market. The manufacturers faced criticism for their hesitation to phase out gasoline-powered cars, but now they’re looking to change the narrative. (Bloomberg) - For the first time in four years, Japan’s carmakers are showing off concept cars at an event hall near Tokyo Bay, introducing new designs and ideas to show they’re serious about embracing electric-powered transport and revolutionizing the way people and goods move around.
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