The logo of Toyota Motor is displayed at a company’s car showroom in Tokyo on February 6, 2019. Kazuhiro Nogi | AFP | Getty Images During a Toyota Motors earnings call on Friday, executives answered questions about how they plan to compete in the expanding field of electric vehicles, and took a potshot at Tesla’s… Continue reading Toyota president: Tesla has ‘not created a real business in the real world yet’
Tag: Toyota
China Tech Digest: NIO’s Marcap Bigger Than Baidu’s; Li Auto Issues Recalls
NIO becomes becomes one of world’s top 10 car makers by marcap China’s new energy vehicle sector saw their US listed shares rose collectively. Among them, NIO closed at US$42.35, up 12.30%, and its market value reached US$57.688 billion, a record high. This market value also exceeds that of traditional car giants such as BMW,… Continue reading China Tech Digest: NIO’s Marcap Bigger Than Baidu’s; Li Auto Issues Recalls
Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth equity investments in companies that… Continue reading Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
@Toyota: Toyota Announces FY2021 2Q Financial Results
Toyota Announces FY2021 2Q Financial Results Go to Source
@Toyota: Notice Concerning Distribution of Interim Dividends from Surplus
Notice Concerning Distribution of Interim Dividends from Surplus Go to Source
@Toyota: Notice Concerning Amendments to the Forecasts for FY2021
Notice Concerning Amendments to the Forecasts for FY2021 Go to Source
Update: “No plans” to bring 2021 Subaru BRZ to Europe
Subaru has officially confirmed that the next-gen BRZ sports car will be unveiled on 18 November, but it won’t be coming to Europe. A spokesperson told Autocar that the coupé will be a US-only model and that there are “no plans” to launch it in Europe, as is the case with Nissan’s similarly positioned new 400Z. It… Continue reading Update: “No plans” to bring 2021 Subaru BRZ to Europe
Toyota-backed startup Pony.ai raises $267 million in new funding round
By Reuters Staff 2 Min Read FILE PHOTO: Toyota-backed self driving company Pony.ai begins to provide autonomous electric vehicles to deliver packages from local e-commerce platform Yamibuy during the outbreak of the coronavirus disease (COVID-19) in Irvine, California, U.S., April 28, 2020. REUTERS/Mike Blake SHANGHAI (Reuters) – Pony.ai, backed by Toyota Motor Corp, said on… Continue reading Toyota-backed startup Pony.ai raises $267 million in new funding round
VW CEO says existential electric race awaits after pandemic
Volkswagen AG Chief Executive Officer Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term. While the world’s largest carmaker has a “healthy order bank,” its development in the coming months hinges on major economies controlling the… Continue reading VW CEO says existential electric race awaits after pandemic
@Toyota: Safety and Technology Upgrades for the Toyota Prius Plug-in
Safety and Technology Upgrades for the Toyota Prius Plug-in Toyota has added to the technology-rich specification of Prius Plug-in with new features that add extra dimensions to its safety and on-board connectivity performance. Lane Trace Assist The latest upgrades include the addition of Lane Trace Assist to the Toyota Safety Sense package of active safety… Continue reading @Toyota: Safety and Technology Upgrades for the Toyota Prius Plug-in