Passenger car registrations in Europe fall by 12.3% in the first quarter of 2022

April 21, 2022 Posted by: Jorge Platero Category: Faconauto News In the first three months of the year, 2,245,976 units were sold in the European Union. Without a doubt, the automotive sector has not started the year as expected. The figures of sales remain well below the expected level. At the end of the first… Continue reading Passenger car registrations in Europe fall by 12.3% in the first quarter of 2022

New Lexus RZ 450e launches firm’s EV push with 309bhp, 4WD

The new Lexus RZ 450e is the Japanese marque’s first bespoke electric car, serving as the spearhead for the firm’s new range of premium and dynamically oriented EVs.  Due in the UK at the end of 2022, it is a similar size to the best-selling Lexus NX, but bosses are keen to emphasise that it… Continue reading New Lexus RZ 450e launches firm’s EV push with 309bhp, 4WD

Air Company Secures $30M In Series A Funding

Air Company’s Co-founders Gregory Constantine (CEO) and Dr. Stafford Sheehan (CTO) Air Company, a NYC-based carbon technology company that creates carbon-negative alcohols and consumer products from CO2, raised $30M in Series A funding. The round was led by Carbon Direct Capital Management with participation from Toyota Ventures, JetBlue Technology Ventures, and Parley for the Oceans.… Continue reading Air Company Secures $30M In Series A Funding

@Toyota: Converting CO₂ Into Carbon-Negative Products: Our Investment in Air Company

By Lisa Coca, Partner, Climate Fund For some time, the concept of carbon capture, usage and sequestration (CCUS) has been a familiar concept in the landscape of climate change as an important emissions reduction strategy to try and combat climate change. Historically, most of the focus has been on the capture and sequestration of carbon… Continue reading @Toyota: Converting CO₂ Into Carbon-Negative Products: Our Investment in Air Company

@Toyota: Toyota Invests $383 Million in US Production

Engine, casting investment across four US states furthers vehicle electrification efforts PLANO, Texas (April 19, 2022) – Advancing the company’s commitment to vehicle electrification, Toyota will invest $383 million in four of its U.S. manufacturing plants that build the heart of new Toyota and Lexus vehicles. The new investment supports the production of four-cylinder engines,… Continue reading @Toyota: Toyota Invests $383 Million in US Production

Toyota Invests $383 Million in US Production

“Toyota customers want vehicles that are fuel-efficient and electrified,” said Norm Bafunno, senior vice president, Unit Manufacturing and Engineering, Toyota. “These investments allow us to meet customer needs and quickly respond to an evolving market. We are committed to investing in the U.S., and our teams are ready to take on this new challenge.” Toyota… Continue reading Toyota Invests $383 Million in US Production

‘Make Toyota a place where people gather together’

Addressing a ceremony usually held on April 1 of every year to welcome new employees at its headquarters in Toyota City, Akio Toyoda, president of Toyota shared his thoughts with those present drawing on what he had read called “Nine reasons that people gather”. He said that during the pandemic, people chose to connect through… Continue reading ‘Make Toyota a place where people gather together’

Confirmed: Toyota Supra to get a manual gearbox

The Toyota GR Supra is going manual. Toyota has confirmed that the rumours are true and the wishes of enthusiast drivers are to be granted by revealing that a six-speed manual gearbox will indeed be offered in the Supra coupe. The new transmission will slot into the range alongside the existing eight-speed torque converter automatic… Continue reading Confirmed: Toyota Supra to get a manual gearbox

@Toyota: Construction Begins at the Yatsushiro Biomass Power Plant

Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that Kumamoto Forest Generation, LLC, jointly invested by Toyota Tsusho Group company Ene-Vision Co., Ltd. (“Ene-Vision”), Chubu Electric Power Co., Inc. (“Chubu Electric”), and Toho Gas Co., Ltd. (“Toho Gas”), began construction on the Yatsushiro Biomass Power Plant on April 18, 2022. The Yatsushiro Biomass Power Plant will… Continue reading @Toyota: Construction Begins at the Yatsushiro Biomass Power Plant