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Japan Targets 25% Share Of Global Autonomous Vehicle Market

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The government on Thursday released a draft road map on public-private investment that features a goal of acquiring an about 25% share of the global market in self-driving vehicle sales in the 2030s.

The draft was shown at a subcommittee meeting of the Council for Japan's Growth Strategy, chaired by Prime Minister Sanae Takaichi.

At the council's previous meeting in March, the government designated a total of 61 goods and technologies for priority investment by the public and private sectors and presented a draft investment road map for 27 of them.

At Thursday's meeting, the government discussed actual support programs and goals for the remaining 34 goods and technologies.

Deputy Chief Cabinet Secretary Masanao Ozaki, who heads the subcommittee, instructed senior officials of relevant ministries and agencies to urgently work out truly effective and necessary policies.

The government also set a goal of capturing ¥5 trillion ($31 billion) in 2030 in the global market for vertical artificial intelligence, tailored for specific industries and estimated at ¥33 trillion.
 
 

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