Toyota sells 1.52 million electrified vehicles in 2017, three years ahead of 2020 target

When it comes to global environmental leadership, the number of vehicles that customers buy around the world have a greater impact than the number of concept cars launched at motor shows. Toyota Motor Corporation (Toyota) announced today that it reached a major milestone in annual sales of electrified powertrains in 2017 with over 1.52 million… Continue reading Toyota sells 1.52 million electrified vehicles in 2017, three years ahead of 2020 target

Transportation is Taking Off: Our Investment in Joby

Toyota AI Ventures was founded to invest in early-stage startups that are developing disruptive technologies and business models, particularly those that enable greater mobility and are multi-modal. That’s why the we, at Toyota AI Ventures, are incredibly excited to welcome Joby Aviation to our portfolio. The Santa Cruz, California-based company is building a new travel… Continue reading Transportation is Taking Off: Our Investment in Joby

Chubu Electric Power and Toyota to Commence Electrified Vehicle Battery Reuse and Recycling Verification Project

Chubu Electric Power Co., Inc. (Chubu Electric Power) and Toyota Motor Corporation (Toyota) today announce that the two companies have concluded a basic agreement with the aim of commencing a verification project that entails construction of a large-capacity storage battery system (Storage Battery System) that reuses electrified vehicle batteries (batteries), as well as examination of… Continue reading Chubu Electric Power and Toyota to Commence Electrified Vehicle Battery Reuse and Recycling Verification Project