PLANO, Texas, June 17, 2021 /PRNewswire/ — Toyota Financial Services (TFS) issued its latest Asset-Backed Green Bond, reinforcing the company’s longstanding commitment to the sale of environmentally friendly vehicles. Net proceeds from the $1.6 billion bond offering will be used for the acquisition of new retail installment sales contracts and operating lease contracts financing Toyota… Continue reading Toyota Financial Services Issues New Asset-Backed Green Bond, Highlighting Toyota’s Ongoing Commitment to Sustainability
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Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses
SAN FRANCISCO and TOKYO, June 17, 2021 /PRNewswire/ — Woven Capital, L.P. today announced that it has made an investment in Ridecell Inc., a leading platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics,… Continue reading Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses
@Mazda: Mazda continues commitment to carbon neutrality and driver safety
Heading towards a carbon-neutral future by 2050, the Mazda Motor Corporation today announced that it will accelerate its global electrification plans. By 2030, Mazda assumes that a quarter of its products will be fully electric and all other models will be electrified in some form. Between 2022 and 2025, Mazda will introduce a range of… Continue reading @Mazda: Mazda continues commitment to carbon neutrality and driver safety
Honda discontinues fuel cell car Clarity on weak demand
TOKYO — Honda Motor will stop production of the Clarity fuel cell car this year, the automaker said Tuesday, as part of a broader push to trim underperforming models. Honda has also decided to stop making the Legend, its high-end gasoline-fueled sedan, as well as the Odyssey luxury sport utility vehicle. Realigning global manufacturing operations, the Japanese company will… Continue reading Honda discontinues fuel cell car Clarity on weak demand
Toyota introduces doorstep delivery of spare parts in India
Toyota Kirloskar Motor (TKM) has introduced its ‘Door Delivery’ service in India, in a first-of-its-kind initiative to seamlessly supply genuine spare parts to its customers. The new initiative will allow Toyota customers to either opt for a pickup parts ordered online from their nearest dealership or get them home delivered. The TKM statement mentioned that… Continue reading Toyota introduces doorstep delivery of spare parts in India
@BMW: Everyday testing of BMW i Hydrogen NEXT with hydrogen fuel cell drive train begins.001211
Munich. The BMW Group is beginning to test near-standard vehicles with a hydrogen fuel cell drive train in everyday conditions on European roads. Prototypes of the BMW i Hydrogen NEXT will examine how effectively the CO2-free drive train, model-specific chassis technology and vehicle electronics systems work together under real-life conditions. The BMW i Hydrogen NEXT… Continue reading @BMW: Everyday testing of BMW i Hydrogen NEXT with hydrogen fuel cell drive train begins.001211
Chinese startup Pony.ai plans to launch a driverless robotaxi service in California in 2022
Pony.ai, the robotaxi startup that operates in China and the United States, has started testing driverless vehicles on public roads in California ahead of plans to launch a commercial service there in 2022. The company said the driverless vehicle testing, which means the autonomous vehicles operate without human safety drivers behind the wheel, is happening… Continue reading Chinese startup Pony.ai plans to launch a driverless robotaxi service in California in 2022
Toyota Kirloskar Motor resumes operations at Bidadi plant in Karnataka
The company said it is preparing to resume production soon to be able to cater to the immediate mobility needs of its customers and to clear the pending orders that could not be met due to the non-production days of the planned annual maintenance shutdown, followed by the lockdown. New Delhi: Toyota Kirloskar Motor (TKM)… Continue reading Toyota Kirloskar Motor resumes operations at Bidadi plant in Karnataka
Toyota Kirloskar Motor resumes production at Karnataka plant
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Toyota AI Ventures Rebrands as Toyota Ventures; Adds $300M
Toyota’s first early-stage venture capital firm, Toyota AI Ventures, is to rebrand as Toyota Ventures. The San Francisco Bay Area-based venture capital firm has also grown its total assets under management to more than $500m with the addition of two $150m early-stage funds. They are the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. Founded in 2017… Continue reading Toyota AI Ventures Rebrands as Toyota Ventures; Adds $300M