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

Toyota will not invest in electric cars in UK until at least 2034

Toyota will not invest in building battery electric cars in Britain until at least the mid-2030s, dealing a blow to hopes that UK car factories will take a leading role in the move away from fossil fuels. Johan van Zyl, the chief executive of Toyota Motor Europe, said that hybrid cars containing both internal combustion… Continue reading Toyota will not invest in electric cars in UK until at least 2034

Toyota working on new battery electric SUV

Toyota announced today that it will preview a brand-new model for its battery electric vehicle line-up: a mid-size SUV based on the forthcoming e-TNGA platform. Further details will be announced in the coming months. At this stage, only a stylised silhouette and details of the platform architecture have been released. The un-named preview model will… Continue reading Toyota working on new battery electric SUV

Ford Bronco delayed by COVID-19 with supply chain disruption

The auto industry is fending off disruption from COVID-19 again. Ford confirmed late Friday that customer delivery of its all-new Bronco will be delayed. “The all-new Bronco two-door and four-door customer deliveries will begin in the summer rather than the spring due to COVID-related challenges our suppliers are experiencing,” Jiyan Cadiz, Bronco communications manager, told… Continue reading Ford Bronco delayed by COVID-19 with supply chain disruption

Revel pulls electric mopeds after failing to make a dent in Austin’s car culture

Shared electric moped startup Revel said Friday that it will shut down its service in Austin later this month. The startup’s CEO and co-founder Frank Reig didn’t place the entire blame on the COVID-19 pandemic, which has caused ridership to fall across shared micromobility services as well as public transit, for the company’s decision. Instead,… Continue reading Revel pulls electric mopeds after failing to make a dent in Austin’s car culture