G.M. Scales Down Nikola Deal

Nikola, a start-up electric truck company that had made a big splash on Wall Street, announced a broad alliance with General Motors in September that promised to give the company critical technology, financial support and credibility with investors. But the news was quickly overtaken by claims that Nikola had exaggerated its capabilities, and the firm’s… Continue reading G.M. Scales Down Nikola Deal

@Toyota: Toyota Motor North America Reports December 2020, Year-End Sales

Toyota is the number one retail brand for the 9th consecutive year Number one manufacturer of alternative vehicle sales for the 21st consecutive year 2020 total hybrid sales up nearly 23 percent; Toyota division hybrid sales double Camry best-selling passenger car in the U.S. for 19th consecutive year RAV4 best-selling SUV in the U.S. for… Continue reading @Toyota: Toyota Motor North America Reports December 2020, Year-End Sales

G.M. Accelerates Its Ambitions for Electric Vehicles

For the last five years, G.M., Ford Motor, Volkswagen and others have been trying to develop compelling and affordable electric vehicles, while watching with both envy and admiration as Tesla raced ahead. Tesla is on track to sell close to 500,000 E.V.s this year, far more than any rival, and is building factories in Germany… Continue reading G.M. Accelerates Its Ambitions for Electric Vehicles

@Toyota: Toyota Assumes Full Ownership of the Kolin Car Plant in the Czech Republic

Former Toyota Peugeot Citroën Automobile (TPCA) renamed Toyota Motor Manufacturing Czech Republic (TMMCZ) as it moves under full Toyota ownership from 1 January 2021 Toyota takes financial ownership of the TPCA joint venture operations, maintaining current production for Toyota and Groupe PSA Toyota’s new global architecture system – TNGA – now installed in all European… Continue reading @Toyota: Toyota Assumes Full Ownership of the Kolin Car Plant in the Czech Republic

@Toyota: Toyota Launches “C+pod” Ultra-Compact Battery Electric Vehicle in Japan

Toyota Motor Corporation (Toyota) announced today a limited launch of the “C+pod” ultra-compact battery electric vehicle (BEV), from December 25, to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs. Toyota plans to further promote the establishment of systems for popularizing BEVs, including development of… Continue reading @Toyota: Toyota Launches “C+pod” Ultra-Compact Battery Electric Vehicle in Japan

@Toyota: Toyota’s Global Sales and Production Up Year-on-Year in November for Third Consecutive Month

Toyota Motor Corporation (TMC) announces its sales, production, and export results for November 2020 as well as the cumulative total from January to November 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. Go to Source

BYD’s EV battery recycling goes global with Itochu

TOKYO/GUANGZHOU — Chinese electric vehicle maker BYD will transform old EV batteries into power storage for rewnewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin to go on sale as early as fiscal 2021 Asia, the U.S. and Europe.… Continue reading BYD’s EV battery recycling goes global with Itochu