Besides a passion for progress in the mobility space, what do Toyota AI Ventures’ Jim Adler, May Mobility’s Nina Grooms Lee and May’s Edwin Olson have in common? All three of them are joining us on an upcoming episode of Extra Crunch Live. The show goes down on May 12 at 3pm ET/noon PT. Register… Continue reading Toyota AI Ventures and May Mobility will talk the future of the transportation industry on Extra Crunch Live
Tag: Toyota
Lidar startup Innovusion closes $64M round led by Temasek
More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’s also a technology that has long been scorned by Elon Musk partly due to its once exorbitant costs. Innovusion, a five-year-old lidar… Continue reading Lidar startup Innovusion closes $64M round led by Temasek
@Toyota: ENEOS and Toyota Come Together to Make Woven City the Most Hydrogen-Based Society
ENEOS Corporation (ENEOS) and Toyota Motor Corporation (Toyota) announced that they have agreed on a new partnership to explore the utilization and application of hydrogen energy at Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture. ENEOS and Toyota, together with Woven Planet Holdings (Woven… Continue reading @Toyota: ENEOS and Toyota Come Together to Make Woven City the Most Hydrogen-Based Society
Facelifted Lexus ES saloon unveiled at Shanghai Motor Show
Lexus has unveiled a facelifted version of its Mercedes E-Class rivalling ES executive saloon at the Shanghai Motor Show. The hybrid-only ES has been the recipient of some slight styling changes, while the updates are said to place an even greater focus on quieter and more comfortable performance. At the front there’s an evolution of… Continue reading Facelifted Lexus ES saloon unveiled at Shanghai Motor Show
Toyota production to top 10m for first time in fiscal 2022
TOKYO — Toyota Motor plans to produce a total of 10.4 million units globally combining its Toyota and Lexus brands for the fiscal year 2022 ending in March 2023, Nikkei learned Saturday. This marks the first time the auto group will top 10 million units, boosted by increased demand in the wake of successful vaccination… Continue reading Toyota production to top 10m for first time in fiscal 2022
Honda pauses Indian auto production amid virus surge
MUMBAI — Honda Motor suspended auto manufacturing operations in India on Friday, broadening a production shutdown in the country as a massive coronavirus outbreak shows no sign of abating. The Japanese automaker moved up planned maintenance at its plant in the northwestern state of Rajasthan, which will remain shut down until May 18. The company already… Continue reading Honda pauses Indian auto production amid virus surge
Martinrea International Inc. Reports First-Quarter Results, Provides Long-Term Outlook, and Declares Dividend
TORONTO, May 06, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2021 and that it has… Continue reading Martinrea International Inc. Reports First-Quarter Results, Provides Long-Term Outlook, and Declares Dividend
Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power components for Apple and Tesla.… Continue reading Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
Lyft is a ‘buy’ despite the slide in its share price after earnings and a regulatory overhang, 2 analysts say (LYFT)
Lyft’s John Zimmer in New Orleans in 2018. Stephen McCarthy/Sportsfile via Getty Images Lyft got some analyst support on Wednesday after earnings with two top Wall Street analysts reiterating their bullish stances. CFRA’s Angelo Zino reiterated his “buy” rating and $75 price target citing improved pricing. Wedbush’s Dan Ives reiterated his “overweight” rating and $85… Continue reading Lyft is a ‘buy’ despite the slide in its share price after earnings and a regulatory overhang, 2 analysts say (LYFT)
Toyota says electric Land Cruiser could be coming after battery-electric retrofit trial with client
Toyota says it’s considering bringing an all-electric version of its popular Land Cruiser to consumers as it’s in the middle of a trial with a Land Cruiser converted to electric propulsion for a mining company. Earlier this year, Toyota embarked on a project with BHP, a mining company with nickel operations in Australia, to convert… Continue reading Toyota says electric Land Cruiser could be coming after battery-electric retrofit trial with client