TOKYO -- Many Japanese businesses see opportunities in U.S. President-elect Joe Biden's climate policy, but the automobile sector is a bit more cautious after being buffeted by incumbent Donald Trump's regulatory swings.
"If there are changes in the environmental regulations and larger demand for electric vehicles, there will be a growth in demand for aluminum material for lighter auto bodies," said Miyuki Ishihara, president of UACJ, Japan's largest maker of flat-rolled aluminum.