Tag: Toyota

Sales of hybrid cars soar as diesels plunge by nearly a quarter

Automotive industry Drivers continue to shun diesel in the face of environmental and tax concerns Sales of plug-in hybrid cars such as the Mitsubishi Outlander PHEV rose by nearly three-quarters in May. Photograph: Alamy Sales of plug-in hybrid cars soared by nearly three-quarters year on year in May, dramatically outstripping the 3.4% overall growth in… Continue reading Sales of hybrid cars soar as diesels plunge by nearly a quarter

Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

I’ve previously argued that it will be years before we share the roads with fully-autonomous, Level 5 self-driving cars. That said, there are specific use cases and environments where autonomous vehicles could hit the roads now. Self-driving delivery is another example of just such a use case. Logistics automation within warehouses has made remarkable progress in… Continue reading Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Boxbot, an Oakland, CA-based startup focused on self-driving delivery vehicles, raised $7.5m in seed funding. This round was led by Artiman Ventures, and includes an investment from Toyota AI Ventures, Pear Ventures, Afore Capital, Ironfire Ventures and The House Fund. Co-founded in 2016 by Austin Oehlerking and Mark Godwin, Boxbot is building self-driving vehicles which… Continue reading Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Toyota and DENSO Agree to Start Considerations Toward Consolidating Electronic Component Operations Within DENSO

Toyota City, Japan, June 1, 2018―Toyota Motor Corporation (Toyota) and DENSO Corporation (DENSO) announce that they have agreed today to begin considerations toward consolidating the core electronic component operations of both Toyota and DENSO within DENSO. Currently, advanced development and mass-production development for Toyota’s electronic components, as well as the production of such components, are conducted by… Continue reading Toyota and DENSO Agree to Start Considerations Toward Consolidating Electronic Component Operations Within DENSO

Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

LISTEN TO ARTICLE SHARE THIS ARTICLE Fiat Chrysler Automobiles NV plans to take a bigger bite out of the U.S. luxury market by filling up its Alfa Romeo brand’s model lineup. As part of an ambitious five-year plan that Sergio Marchionne unveiled Friday outside Turin, Italy, the chief executive revealed that Alfa Romeo has seven… Continue reading Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

TABLE- Top 20 vehicles sold in US in May

June 1 (Reuters) – The following are the 20 top-selling vehicles in the United States in May as reported by the automakers and ranked by total units: RANK VEHICLE May-2018 May-2017 PCT CHNG 1 Ford F-Series P/U 84,639 76,027 +11.3 2 Ram P/U 46,781 44,850 +4.3 3 Nissan Rogue 38,413 32,533 +18.1 4 Toyota RAV4… Continue reading TABLE- Top 20 vehicles sold in US in May

Total Unconvinced by Hydrogen Cars as France Unveils Subsidies

LISTEN TO ARTICLE SHARE THIS ARTICLE France’s biggest energy company expressed skepticism about the economics of hydrogen-powered vehicles as the government unveiled subsidies to promote the gas as way of cutting fossil-fuel consumption and fighting climate change. “We find it difficult to be convinced it has a future in 10 years time,” Total SA Chief… Continue reading Total Unconvinced by Hydrogen Cars as France Unveils Subsidies