Tesla Japanese rivals debut concept vehicles in latest challenge

Most Japanese automakers have been slow to enter the all-electric vehicle market, which doesn't bother Tesla's CEO Elon Musk one bit. The lack of a serious challenge by the Japanese auto industry, including in the luxury market, has allowed TeslaToyota currently only offers one all-electric vehicle, the bZ4X, which retails for about $42,000 and has a 252-mile range. The company's luxury affiliate Lexus does not have an EV on the market yet.

Some of the leading Japanese luxury automakers, led by Nissan's Infiniti, Toyota's Lexus and Subaru, will reveal their latest battery electric vehicle concepts at the Japan Mobility Show 2023 in Tokyo beginning Oct. 24. The show will be open to the general public fromsaid it will showcase the company's vision of future mobility and communicate its efforts to strengthen its bond with society, as company president Atsushi Osaki on Oct.

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