Tag: Toyota

Joby Aviation takes over Uber’s air taxi business, Elevate

Uber in January announced it had partnered with South Korean automaker Hyundai Motor Co to develop electric air taxis as part of its Elevate program. By Tina Bellon and Uday Sampath Kumar – Joby Aviation, an electric passenger aircraft developer, said on Tuesday it would take over Uber Technologies Inc‘s flying taxi unit, Elevate, the… Continue reading Joby Aviation takes over Uber’s air taxi business, Elevate

Volkswagen explores new sales model for electric models in China

By Reuters Staff 3 Min Read BEIJING (Reuters) – Volkswagen AG is launching another sales model in China that will see the automaker open showrooms in city centres for electric vehicles (EV) and offer fixed prices, departing from the conventional sales system used by the wider industry. FILE PHOTO: A man uses phone under a… Continue reading Volkswagen explores new sales model for electric models in China

Tokyo one-ups rest of Japan with 2030 electric vehicle goal

TOKYO — Tokyo has set a goal for all new cars sold in the city to be hybrids or electric vehicles by 2030, Gov. Yuriko Koike said in a meeting of the Tokyo Metropolitan Assembly on Tuesday, declaring that the onus is on the world’s major cities to limit greenhouse gas emissions. Japan’s capital has… Continue reading Tokyo one-ups rest of Japan with 2030 electric vehicle goal

Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. Aurora is not paying cash for Uber ATG, a company that was valued at $7.25 billion following… Continue reading Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

Toyota announces new all-electric SUV, says it’s their ‘first step’ for battery-electric cars

Toyota announced today that they will be unveiling a new all-electric SUV in the coming months. The automaker, which has been seen as a lagger when it comes to all-electric vehicles, says that it’s their ‘first step’ for battery-electric vehicles. Toyota has yet to launch an all-electric vehicle outside of China. The Japanese automaker has… Continue reading Toyota announces new all-electric SUV, says it’s their ‘first step’ for battery-electric cars

Uber sells ATG self-driving business to Aurora at $4 billion

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez (Reuters) – Uber Technologies Inc is selling its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora, the companies said on Monday, in a move that would accelerate the ride-sharing company’s goal to achieve… Continue reading Uber sells ATG self-driving business to Aurora at $4 billion

@Toyota: SPARX Group Establishes the Japan Monozukuri Mirai Fund

SPARX Group Co., Ltd. (SPARX; TSE1: 8739) announced today the establishment of the Japan Monozukuri Mirai Fund, based on the memorandum of understanding (MOU) with Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation (SMBC), MUFG Bank, Ltd., and Mizuho Bank, Ltd., which was signed in November 2020. Go to Source

@Toyota: Toyota Makes its Leading-Edge Fuel Cell Technology Available to Commercial Partners to Accelerate the Hydrogen Society

With fast-expanding interest and investment in hydrogen fuel cell technology, low carbon benefits can be realised in a wide range of applications Toyota establishes new European Fuel Cell Business Group to support and stimulate this growth with like-minded partners The company’s fuel cell technology is evolving rapidly in terms of capability, lower costs and convenient… Continue reading @Toyota: Toyota Makes its Leading-Edge Fuel Cell Technology Available to Commercial Partners to Accelerate the Hydrogen Society

@Toyota: Toyota’s Mission to Produce “Happiness for All” with its Business Transformation Programme

Toyota aims to make a deeper impact on Sustainable Development Goals with its activities by putting ‘people first’ at the heart of its mission Toyota reinforces its commitment to sustainability, not as something we just think about occasionally, but central to what we do all the time. Toyota’s commitment complements environmental leadership in products and… Continue reading @Toyota: Toyota’s Mission to Produce “Happiness for All” with its Business Transformation Programme