Japan automakers face turning point as Mitsubishi confirms China exit

Toyota, Honda and Nissan see sales tumble on slow EV development

20231024N Mitsubishi EV

Mitsubishi Motors is pulling out of auto production in China, ceding its joint venture to partner Guangzhou Automobile. (Photo by Takashi Kawakami)

AZUSA KAWAKAMI and HIROFUMI YAMANAKA, Nikkei staff writers

TOKYO -- Japanese automakers' global strategies are under pressure as the rapid rise of China's electric-vehicle industry undercuts their traditional strength of fuel efficiency in the world's largest car market.

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