Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation (“Toyota”), announced the acquisition of Renovo Motors, Inc. (“Renovo”), a pioneering Silicon Valley-based automotive operating system developer. Renovo develops specialized software, which will advance Woven Planet’s mission to enable the most programmable vehicles on the planet with Arene and realize the broader vision… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota, Acquires Vehicle Operating System Developer Renovo Motors
Tag: Toyota
Toyota’s Woven Planet acquires vehicle operating system developer Renovo Motors
Toyota subsidiary Woven Planet Holdings has made its third acquisition in less than a year in its bid to invest in, develop and eventually bring future-of-transportation technologies like automated driving to market. This time, it’s Renovo Motors, the automotive operating system developer based in Silicon Valley that made its first big splash in 2015, when… Continue reading Toyota’s Woven Planet acquires vehicle operating system developer Renovo Motors
Lamborghini’s vision for an alternative-fuel future
Car enthusiasts have a history of electric-car hesitancy. While some are fully on board with electrification and hybridization, there are still some petrol holdouts, especially at the rarified and pointy end-of-the-price spectrum like Lamborghini. The push for electrification and hybrid powertrains poses a significant challenge to the carmaker known for creating striking, bespoke containers for… Continue reading Lamborghini’s vision for an alternative-fuel future
@Toyota: Toyota Tsusho America and Recycling Giant Alter Trading Corporation Aluminum Recycling Joint Venture Starts Operation
Altech Recycling LLC, an aluminum recycling joint venture established in the U.S.A. by Toyota Tsusho America, Inc. (“TAI”) in partnership with Alter Trading Corporation (“Alter”), has began operation from September 2021. With the advance of global efforts to achieve carbon neutrality, BEV and other electric vehicles are rapidly becoming more popular. Consequently, demand is increasing… Continue reading @Toyota: Toyota Tsusho America and Recycling Giant Alter Trading Corporation Aluminum Recycling Joint Venture Starts Operation
Bosch launches Boyuan Capital, hits first close of China-focused RMB fund
Boyuan Capital, set up by global engineering and technology giant Bosch for technology bets in China, has launched its RMB-denominated fund seeking to raise as much as 1 billion yuan ($155 million), per a company statement on Monday. The vehicle, named Bosch China Growth Fund I, has reached the first close from limited partners including… Continue reading Bosch launches Boyuan Capital, hits first close of China-focused RMB fund
Ford CEO Farley calls for making EVs more affordable, bringing mining back to US
Making electrical vehicles affordable should be among the top priorities for automakers so that the average vehicle-buyer can purchase one, said Jim Farley, Ford Motor Co.’s president & CEO. “I’m deeply worried about the affordability,” said Farley Saturday during a discussion as part of the Detroit Homecoming VIII events, during a live-streamed interview with Mary Kramer,… Continue reading Ford CEO Farley calls for making EVs more affordable, bringing mining back to US
@ACTExpo Round-up Day 2: Bollinger Motors, BYD, CityFreighter, ElectraMeccanica, JETSI, Electricfy America, GreenPower, Hexagon, Hino, Hyliion, Ideanomics, Karma Automotive, Navistar, Orange EV, Volvo, WattEV, XL Fleet & ZF – AUTO Connected Car News
Here is the first round-up of all the announcements at ACT Expo in Long Beach, California up until EOD Tuesday August 31. The announcements are in alphabetical order. Included are Bollinger Motors, CityFreighter, ElectraMechannica, JETSI, Electricfy America, GreenPower, Hexagon, Hino, Hyliion, Ideanomics, Karma Automotive, Navistar, Orange EV, Volvo, WattEV, XL Fleet and ZF. Bollinger Motors… Continue reading @ACTExpo Round-up Day 2: Bollinger Motors, BYD, CityFreighter, ElectraMeccanica, JETSI, Electricfy America, GreenPower, Hexagon, Hino, Hyliion, Ideanomics, Karma Automotive, Navistar, Orange EV, Volvo, WattEV, XL Fleet & ZF – AUTO Connected Car News
@Toyota: TMMWV Celebrates 25 Years, Nearly 20 Million Powertrains Built; Innovation, Advanced Manufacturing to Guide Future Production
Awards $189,000 grant to West Virginia University Institute of Technology for middle school computer science after-school program in four counties BUFFALO, W. Va. (September 22, 2021) – As Toyota Motor Manufacturing West Virginia (TMMWV) celebrates 25 years of producing engines and transmissions, a keen eye is looking down the road at the next quarter century… Continue reading @Toyota: TMMWV Celebrates 25 Years, Nearly 20 Million Powertrains Built; Innovation, Advanced Manufacturing to Guide Future Production
@Toyota: Participation in Japan Automotive Model-Based Engineering Center
Five Japanese automobile manufacturers (SUBARU CORPORATION, TOYOTA MOTOR CORPORATION, Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mazda Motor Corporation) and five parts manufacturers (AISIN CORPORATION, JATCO Ltd, DENSO CORPORATION, Panasonic Corporation, and Mitsubishi Electric Corporation) will be filling the role of executive member in the Japan Automotive Model-Based Engineering center (JAMBE), which went… Continue reading @Toyota: Participation in Japan Automotive Model-Based Engineering Center
@Honda: Participation in Japan Automotive Model-Based Engineering Center
Five Japanese automobile manufacturers (SUBARU CORPORATION, TOYOTA MOTOR CORPORATION, Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mazda Motor Corporation) and five parts manufacturers (AISIN CORPORATION, JATCO Ltd, DENSO CORPORATION, Panasonic Corporation, and Mitsubishi Electric Corporation) will be filling the role of executive member in the Japan Automotive Model-Based Engineering center (JAMBE), which went… Continue reading @Honda: Participation in Japan Automotive Model-Based Engineering Center