[1/4] Representative Director, President and CEO at Subaru Atsushi Osaki unveils the Sport Mobility Concept and Air Mobility Concept vehicles during a press day of the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023.
REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Japan's Subaru (7270.T) is working with suppliers to decrease risks related to procuring materials used in electric-vehicle batteries, it chief executive said on Wednesday, as automakers grapple with China's move to curb exports of graphite.
We want to procure resources while considering various risk hedges," Chief Executive Atsushi Osaki told reporters on the sidelines of the Japan Mobility Show, which opened to the press on Wednesday, a day ahead of its official start.
"We are working with suppliers to come up with measures to deal" with the risks, he said.
Reporting by Maki Shiraki and Daniel Leussink; Writing by David Dolan; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Persons:
Atsushi Osaki, Issei Kato, Subaru, China's, Maki Shiraki, Daniel Leussink, David Dolan, Jacqueline Wong
Organizations:
Mobility, Japan, REUTERS, Rights, Thomson
Locations:
Tokyo, Japan, China