Finally, a full month of sales for India Auto Inc. After a washed-out April and a truncated May, June 2020 saw OEMs and their dealers function, in different states of readiness, for the entire month. Understandably, given the ongoing pandemic, some states still in lockdown mode, depressed consumer sentiment and vehicle logistics still to shape… Continue reading India car sales in June down 54% but much improved over May
Tag: Toyota
Maruti Suzuki India sells 51,274 units in June, improves on May numbers
Passenger vehicle market leader Maruti Suzuki India has reported improved numbers in June compared to May. It has posted total sales of 51,274 units in the domestic market in June 2020. On a year-on-year basis, the June sales numbers are down 54 percent compared to June 2019 when the car maker clocked sales of 111,014 units. Maruti… Continue reading Maruti Suzuki India sells 51,274 units in June, improves on May numbers
Elementary Robotics Raises $12.7M in Series A Funding
Elementary Robotics, a Los Angeles, CA-based robotics startup, raised $12.7M in Series A funding. The round was led by Threshold Ventures (formerly DFJ) with participation from existing investors Fika Ventures, Fathom Capital, Ubiquity Ventures and Toyota AI Ventures. With this round, Threshold Ventures Partner Mo Islam has joined the Elementary Robotics Board of Directors. The… Continue reading Elementary Robotics Raises $12.7M in Series A Funding
Toyota RAV4 Prime PHEV Availability In U.S. To Be Extremely Limited
The market introduction of the all-new Toyota RAV4 Prime plug-in hybrid looks shakier and more questionable every day and now the U.S. is mentioned as well and we’re very disappointed. The first warning sign was a low sales target for Japan (300 units per month / 3,600 per year) and then the bad news emerged… Continue reading Toyota RAV4 Prime PHEV Availability In U.S. To Be Extremely Limited
@Toyota: Finding New Mountains: Our Venture Mission of Discovery
Since Toyota AI Ventures was founded in July 2017, I’ve received a flurry of questions from startup founders, institutional venture capital investors, other corporate venture capital investors, and the press. They want to know how the fund is structured, how (and how fast) we make decisions, the role of our corporate business units, whether we… Continue reading @Toyota: Finding New Mountains: Our Venture Mission of Discovery
@Toyota: Toyota to Achieve its Five-Year U.S. Investment Commitment One Year Early
Company achieves its 2017 commitment to deliver nearly $13 billion U.S. investment by 2021 in just four years, adding more than 6,500 new jobs Toyota ready to meet aggressive content requirements of the United States-Mexico-Canada Agreement (USMCA) PLANO, Texas (June 30, 2020) – For more than 60 years, Toyota has been growing its presence in the United States,… Continue reading @Toyota: Toyota to Achieve its Five-Year U.S. Investment Commitment One Year Early
@Toyota: Toyota Launches Stamping-Type Plating Machine that Significantly Reduces Environmental Impact and Transforms Plating Process
Toyota City, Japan, June 30, 2020―Toyota Motor Corporation (Toyota) today announced that it has developed a world’s first*1 stamping-type plating technology that uses a polymer membrane (solid electrolyte membrane), through which metal ions can pass, to apply plating, like a stamp, only to areas requiring plating. The technology is used in the plating process for… Continue reading @Toyota: Toyota Launches Stamping-Type Plating Machine that Significantly Reduces Environmental Impact and Transforms Plating Process
@Toyota: TMC Announces Changes to Executive Structure, Senior Management Responsibilities, and Personnel
Hisashi Kano Corporate IT Div., Information Systems Field (General Manager) and concurrently, Project Management Dept., Corporate IT Div., Information Systems Field (General Manager) Corporate IT Div., Information Systems Field (General Manager) Kei Okano Purchasing Project Promotion Div. (General Manager) Purchasing Management Div. (General Manager) Mitsuru Asaka RR-CI Promotion Dept., Purchasing Project Promotion… Continue reading @Toyota: TMC Announces Changes to Executive Structure, Senior Management Responsibilities, and Personnel
@Toyota: Toyota Sets its Sights on Space with Technology Research Investment
Toyota has taken further steps in its space programme, joining a new group that’s investing in businesses and groups working on potentially ground-breaking technologies. Toyota Motor Corporation is one of the first investment partners in the Space Frontier Fund. This has been set up by a new company, SPARX Innovation for the Future*, to support… Continue reading @Toyota: Toyota Sets its Sights on Space with Technology Research Investment
Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024
In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks… Continue reading Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024