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

TMC Announces Results for December 2017 and CY2017

Jan. 30, 2018 Toyota City, Japan, January 30, 2018―Toyota Motor Corporation (TMC) announces its production, domestic sales, and export results for December 2017 and for CY2017, including those for subsidiaries Daihatsu Motor Co., Ltd., and Hino Motors, Ltd. December 2017 Results Unit = vehicles; figures in ( ) show year-on-year percentage change   Toyota Daihatsu… Continue reading TMC Announces Results for December 2017 and CY2017

Hydrogen is Going the Distance: Toyota Surpasses 3,000 Mirai Hydrogen Fuel Cell Vehicle Sales in California

January 23, 2018 PLANO, Texas, January 23, 2018 – Move over polluters, the Toyota Mirai, one of the  world’s first mass-produced hydrogen fuel cell electric vehicles, has surpassed 3,000 sales in the Golden State. Having reached this new milestone, Mirai make up more than 80% of all hydrogen fuel cell vehicles in the United States. “Toyota… Continue reading Hydrogen is Going the Distance: Toyota Surpasses 3,000 Mirai Hydrogen Fuel Cell Vehicle Sales in California

Statement Regarding Impact of Kobe Steel Quality Issue on Toyota and Lexus Vehicles (final report)

Jan. 17, 2018 News Release We regret any inconvenience and concern caused to customers of Toyota and Lexus vehicles. In response to the series of announcements made by Kobe Steel Ltd. regarding improper conduct related to materials used in vehicles, we have urgently investigated the impact of this matter on Toyota and Lexus vehicles. On… Continue reading Statement Regarding Impact of Kobe Steel Quality Issue on Toyota and Lexus Vehicles (final report)

Toyota Production in North America Nearly 2 Million in 2017

Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017