Toyota scraps Olympics TV adverts amid lukewarm support in Japan

Tokyo Olympic Games 2020 Toyota scraps Olympics TV adverts amid lukewarm support in Japan Tokyo 2020 sponsor’s executives pull out of opening ceremony Czech beach volleyball player tests positive in Olympic Village As well as not running Olympics-themed ads, Toyota’s executives will not attend the opening ceremony. Photograph: Michael Steinebach/AFLO/Rex/Shutterstock As well as not running… Continue reading Toyota scraps Olympics TV adverts amid lukewarm support in Japan

German Handelsblatt: Bilanzcheck: “Our lead should be two to three years”: How Volkswagen is tackling the next upheaval002475

Düsseldorf Herbert Diess certifies a bright future for the automotive industry. Because the electric drive makes vehicles cleaner and safer thanks to autonomous driving, interest in one’s own car is likely to increase significantly in the foreseeable future. “I am very optimistic about the future auto business,” said the Volkswagen CEO to the Handelsblatt. But… Continue reading German Handelsblatt: Bilanzcheck: “Our lead should be two to three years”: How Volkswagen is tackling the next upheaval002475

Audi will switch to agency model for EV sales – Automotive News Europe

BERLIN — Audi plans to switch to agency sales for its electric models starting in 2023. Through this model, cars will be sold directly by the brand to end customers, with dealers acting only as intermediaries. So far Audi has been selling its own EVs such as the e-tron and e-tron GT through its authorized… Continue reading Audi will switch to agency model for EV sales – Automotive News Europe

German Manager Magazin: 11 billion dollar valuation and hardly any income000951

The robot car company Aurora is the first promising developer of future technology to go public. So far from, among others Amazon supported company takes – like many start-ups currently – an abbreviation via the merger with an already listed company shell, a so-called Spac (“Special Purpose Acquisition Company”). Aurora is valued at around eleven… Continue reading German Manager Magazin: 11 billion dollar valuation and hardly any income000951

@niche: REE Automotive announces body partnership with EAVX001044

Israeli start-up REE Automotive has partnered with a major US commercial-vehicle bodywork supplier as it targets the e-mobility market with a new platform. EAVX, owned by JB Poindexter, will collaborate with REE Automotive to develop commercial electric work trucks. Initially, REE and EAVX will work on a “next-generation” walk-in van for the US delivery market,… Continue reading @niche: REE Automotive announces body partnership with EAVX001044

@Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the acquisition of CARMERA, Inc. (“CARMERA”), a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility at scale. This is the second major deal for Woven Planet in North America, following the April 2021 announcement to acquire… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

EU Green Deal seeks to force shift to electric vehicles in 2035

BRUSSELS/FRANKFURT — Automakers from East Asia to Southeast Asia to North America are watching as the European Union seeks a de facto ban on sales of all new vehicles with internal combustion engines, including hybrids, by 2035, under a sweeping plan to slash greenhouse gas emissions. The European Commission’s European Green Deal also calls for… Continue reading EU Green Deal seeks to force shift to electric vehicles in 2035

Altia’s Production-Proven Technology Drives the Cutting-Edge Cockpit of Cadillac LYRIQ

COLORADO SPRINGS, Colo., July 13, 2021 /PRNewswire/ — The upcoming Cadillac LYRIQ1, the carmaker’s first all-electric SUV, will feature cockpit display graphics driven by Altia human-machine interface (HMI) development solutions.  The battery-powered crossover’s curved 33-inch diagonal advanced LED display will serve as the instrument cluster, infotainment system and control for lighting. The immense display is capable… Continue reading Altia’s Production-Proven Technology Drives the Cutting-Edge Cockpit of Cadillac LYRIQ

@Toyota: Accelerated Initiatives to Cut down Greenhouse Gas Emissions to Contribute to the Transition into a Decarbonized Society

Toyota Tsusho Corporation (“Toyota Tsusho”) announces its concrete policy in making its contribution to the transition into a decarbonized society, which the company identified as a key sustainability issue (materiality).Specifically, the company has decided to cut greenhouse gas (“GHG”) emissions down to net-zero through the business activities of the Toyota Tsusho Group to achieve de… Continue reading @Toyota: Accelerated Initiatives to Cut down Greenhouse Gas Emissions to Contribute to the Transition into a Decarbonized Society