Tag: Toyota

@Toyota: Toyota Expands Commitment to American Center for Mobility with New $6 Million Investment

About Toyota Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S.… Continue reading @Toyota: Toyota Expands Commitment to American Center for Mobility with New $6 Million Investment

Inspiration, an EV asset financing firm, comes out of stealth with $200M and Revel as first customer

Inspiration wants to help commercial fleets go electric, and it has already started by financing electric mobility company Revel’s ride-hail fleet of blue Teslas. The startup, which finances electric vehicles and has plans to build, own and operating the corresponding charging infrastructure, came out of stealth on Wednesday with an initial $200 million in capital… Continue reading Inspiration, an EV asset financing firm, comes out of stealth with $200M and Revel as first customer

@Toyota: Toyota Renews Investment in Collaborative Safety Research Center with Five-Year, $30 Million Commitment to Drive Next Phase of Safety Innovation

Funds for projects designed to explore the safety needs of evolving mobility ecosystem and analyze protection for vulnerable and at-risk populations on our roads CSRC has received $85 million for collaborative safety technology research to help reduce traffic fatalities and injuries since 2011 ANN ARBOR, Mich. (November 9, 2021) – The pursuit of safe mobility… Continue reading @Toyota: Toyota Renews Investment in Collaborative Safety Research Center with Five-Year, $30 Million Commitment to Drive Next Phase of Safety Innovation

Wiesmann founder starts new sports car company Boldmen – Motor Authority

Friedhelm Wiesmann, founder of niche German sports car marque Wiesmann, has started the new company Boldmen. Boldmen is actually the brainchild of father and son team Harald und Michael Käs, who are working together with Wiesmann to launch a series of sports cars starting with the CR4 convertible. The CR4 is based on the bones… Continue reading Wiesmann founder starts new sports car company Boldmen – Motor Authority

@Toyota: All-New 2022 Toyota Tundra is Ready to Rock the Full-Size Segment

Standard i-FORCE 3.5L Twin-Turbo V6 Produces up to 389 hp, 479 lb.-ft. Available i-FORCE MAX Powertrain Produces 437 hp, 583 lb.-ft. Up to 12,000-Pound Maximum Towing Capacity Available 14-inch Touchscreen Highlights All-New Audio Multimedia System Toyota Safety Sense 2.5 Active Safety Standard on all Grades EPA Estimated Fuel Economy 20 mpg Combined on i-FORCE 3.5L… Continue reading @Toyota: All-New 2022 Toyota Tundra is Ready to Rock the Full-Size Segment

Supply chain disruption: Is the worst over?

Supply chain glitches dominated the latest company earnings season, with mentions of the issues by chief executives jumping 412% from last year, according to a BofA tally. As companies, investors and policymakers fret over port logjams, freight costs and chip shortages, some indicators are starting to signal that global supply chain stress may be on… Continue reading Supply chain disruption: Is the worst over?

Autonomous driving startup Momenta raises another $500M

In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C round. The new injection brings the total of the startup’s Series C to over $1 billion. Momenta adapts what it calls a two-legged… Continue reading Autonomous driving startup Momenta raises another $500M