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
Tag: Toyota
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
@Toyota: Environmental Report 2020 has been published.
Environmental Report 2020 has been published. Go to Source
@Toyota: SPARX Group, Toyota, SMBC, MUFG Bank, and Mizuho Bank Form Partnership to Establish a New Fund
TOKYO, Nov 2, 2020 – (JCN Newswire) – SPARX Group Co., Ltd., Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., and Mizuho Bank, Ltd. announced today that they have signed a memorandum of understanding (MOU) to establish a new fund. The fund will aim to invest in companies that are related to Japanese… Continue reading @Toyota: SPARX Group, Toyota, SMBC, MUFG Bank, and Mizuho Bank Form Partnership to Establish a New Fund
@Toyota: Toyota Tsusho Acquires License for Vehicle Assembly Business in Ghana- A first SKD for a Japanese company –
Toyota Tsusho Corporation (“Toyota Tsusho”) announces today that it established TOYOTA TSUSHO MANUFACTURING GHANA CO. LIMITED (“TTMG”), a vehicle production company, and acquired a license for a vehicle assembly business, a first for a Japanese company in Ghana. The planned production capacity of the new plant is 1,300 units annually, and the plant is going… Continue reading @Toyota: Toyota Tsusho Acquires License for Vehicle Assembly Business in Ghana- A first SKD for a Japanese company –
Toyota to invest $500m in KDDI to strengthen ties for ‘connected car’
Toyota Motor Corp and KDDI Corp said on Friday that Japan’s biggest automaker would invest 52.2 billion yen ($500 million) in the mobile carrier to deepen their partnership in the age of the “connected car”. After decades of focusing on making and selling cars, Toyota is increasingly turning to partners to help develop expensive new vehicle technologies as… Continue reading Toyota to invest $500m in KDDI to strengthen ties for ‘connected car’
@Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
TOKYO, Oct 30, 2020 – (JCN Newswire) – Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement follow. Background Since KDDI’s founding in October 2000 through the merger of Daini Denden Inc.… Continue reading @Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
@Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corporation and KDDI Corporation
Toyota Motor Corporation (Head Office: Toyota City, Aichi Prefecture; President: Akio Toyoda; hereinafter, “Toyota”) and KDDI Corporation (Head Office: Chiyoda-ku, Tokyo; President: Makoto Takahashi; hereinafter, “KDDI”) have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement are as follows.… Continue reading @Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corporation and KDDI Corporation
@Toyota: 2nd Quarter of Fiscal year ending March 31,2021
Toyota Tsusho announced financial results for 2nd Quarter of Fiscal year ending March 31, 2021. Below are the main items of Consolidated Results based on IFRS. (Unit: Billion yen) FY2019 1-2Q FY2020 1-2Q Change Gross profit 313.1 262.2 (50.9) Operating profit 108.6 71.9 (36.7) Profit before income taxes 125.1 74.2 (50.9) Profit attributable to owners… Continue reading @Toyota: 2nd Quarter of Fiscal year ending March 31,2021