As the world enters 2021 with a cautious optimism, its global markets are still feeling many of the repercussions of the COVID-19 pandemic that have yet to be eradicated. Many people have pivoted toward remote work. This has increased smartphone and laptop demand, leading to shortages of essential components like semiconductors. One industry that is… Continue reading Global semiconductor shortage could stymie EV manufacturers in 2021
Tag: Toyota
@Toyota: TOYOTA GAZOO Racing Outlines 2021 Motorsports Activities
Toyota City, Japan, Feb 12, 2021 – (JCN Newswire) – TOYOTA GAZOO Racing (TGR) focuses on motorsports and engages in activities to offer ever-better cars to our customers, including the development, production and establishment of sales projects for products created from the racing environment. The year 2020 was difficult for TGR as numerous motorsports events… Continue reading @Toyota: TOYOTA GAZOO Racing Outlines 2021 Motorsports Activities
With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business
One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer at nearly $5.7 billion. News of a potential deal comes on the heels of another big SPAC transaction… Continue reading With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business
Fiat Chrysler and Peugeot Approve a Merger They Need to Survive
Shareholders of Fiat Chrysler Automobiles and PSA, the French maker of Peugeot, Citroën and Opel cars, voted on Monday to merge in an effort to acquire the scale necessary to survive in an industry gripped by technological change and pummeled by the pandemic. The new company, to be called Stellantis, will employ 400,000 people and… Continue reading Fiat Chrysler and Peugeot Approve a Merger They Need to Survive
Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
Three recent deals have given Aurora access to ride-hailing and car-building expertise. The latest, a partnership with Toyota, puts Aurora in a better position to compete with Waymo. But Aurora still has to prove it can put robotaxis on the road. Visit the Business section of Insider for more stories. Aurora Innovation has announced three… Continue reading Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups
Brussels, 11 February 2021 – Carmakers, environmentalists and consumer groups are calling on the EU to set ambitious targets per country for the deployment of electric vehicle charging points. In a common letter today, the European Automobile Manufacturers’ Association (ACEA), Transport & Environment (T&E) and the European Consumer Organisation (BEUC) asked the EU climate, transport,… Continue reading EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups
Scuderia Cameron Glickenhaus Fires Up Its 007 Le Mans Hypercar – CarScoops
Scuderia Cameron Glickenhaus is gearing up for Le Mans and has fired up the engine of its Hypercar racer for the first time. The car, dubbed the SCG 007, features a 3.5-liter twin-turbocharged V8 produced by French engine specialist Pipo Moteurs. It features a pair of heads derived from the engines used by World Rally… Continue reading Scuderia Cameron Glickenhaus Fires Up Its 007 Le Mans Hypercar – CarScoops
World NM: GM sacrifices profits in $27bn electric drive000847
General Motors will spend $27bn (£22bn) on phasing out all petrol and diesel-powered vehicles by 2035 despite admitting its electric drive will come at the expense of profits. The company will spend more than $7bn on electric and self-driving vehicles this year and develop 30 battery-driven models by 2025. Toyota raised its profit forecasts by more… Continue reading World NM: GM sacrifices profits in $27bn electric drive000847
2021 Ford Ranger Tremor pickup delivers off-road performance and value
The off-road trails will be a bit more crowded this spring, because the 2021 Ford Ranger Tremor pickup is about to hit the road. Boasting more ride height, Fox off-road shocks and more, the Ranger is Ford’s answer to off-road pickup models like the Chevrolet Colorado ZR2, Jeep Gladiator Mojave, Nissan Frontier Pro-4X and Toyota Tacoma… Continue reading 2021 Ford Ranger Tremor pickup delivers off-road performance and value
Toyota to bring three new electrified vehicles to U.S. market
Toyota Motor North America said Wednesday it will bring three new electrified vehicles to the U.S. market, as the automaker seeks to win over customers by offering a variety of lower emission and zero-emission cars and SUVs. Two of the new vehicles will be all-electric and one will be a plug-in hybrid, the company said… Continue reading Toyota to bring three new electrified vehicles to U.S. market