FILE PHOTO: A logo of Toyota is pictured at Bangkok Auto Salon 2019 in Bangkok, Thailand, July 4, 2019. REUTERS/Athit Perawongmetha/File Photo BEIJING/TOKYO (Reuters) – Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed.… Continue reading Toyota plans new $1.2 billion EV plant in Tianjin with FAW: document
Tag: Toyota
Google and Toyota invest in WhereIsMyTransport to improve transport in developing countries
London-based WhereIsMyTransport, a startup improving mass public transport in emerging markets, has announced a €6.8 million Series A round participated in by returning investors Global Innovation Fund and Goodwell Investments, plus new strategic investment from Google, Nedbank, Liil Ventures, and Toyota Tsusho Corporation (TTC).
WhereIsMyTransport, founded in 2015, is a big data platform for sustainable mobility in emerging markets, empowering people everywhere to get where they want to go. It is mapping the emerging world’s public transport networks, to become the de facto source of information for governments and service providers to improve transport services for hundreds of millions of people worldwide.
Mobility is a fundamental driver of social, political, and economic growth. In the majority world, it remains a critical stumbling block for billions of people living without reliable access to formal public transport services. They depend instead on vast, informally-run transpo..
Zoox scouts for funding ahead of self-driving taxi debut – Axios
Zoox is in “advanced discussions with several strategic partners and corporate investors” for its next round of funding, CEO Aicha Evans tells Axios. Why it matters: The self-driving car developer has been especially quiet for the past year or so, and venture capital sources say the company has struggled to raise capital to fund its… Continue reading Zoox scouts for funding ahead of self-driving taxi debut – Axios
@Toyota: TMC Announces Personnel Change Masaaki Uechi General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company
Masaaki Uechi General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company Concurrently General Manager, Automated Driving System Development Project, Automated Driving & Advanced Safety System Development… Continue reading @Toyota: TMC Announces Personnel Change Masaaki Uechi General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company
@Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
Following the acquisition of Inchcape Fleet Solutions (IFS) by Toyota Fleet Mobility (TFM), the business is to be rebranded as Kinto, the new mobility brand launched by Toyota earlier this year. TFM completed its acquisition of IFS in December 2019, continuing its expansion in Europe and entering the UK’s fleet management and full service leasing… Continue reading @Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
Gojek-Grab merger makes sense but hurdles mar its path
JAKARTA — Cutthroat rivals that have helped to drive Southeast Asia’s rapid digitization by burning through cash and preventing each other from moving toward the startup world’s new goal, profitability, are now talking about a common solution. Indonesia-based Gojek and Singapore-based Grab, have “casually” discussed merger options, according to two people familiar with the matter.… Continue reading Gojek-Grab merger makes sense but hurdles mar its path
Pony.ai Raises $462M in Funding; Valued at $3 Billion
Pony.ai, a Fremont, California-based autonomous driving company, raised $462m in funding. The new round puts Pony.ai’s valuation at just over $3 billion. As part of it, Toyota Motor Corporation made a $400m investment. In August 2019, Pony.ai and Toyota initiated joint autonomous driving pilots in China. This year’s strategic investment will expand the partnership’s scope… Continue reading Pony.ai Raises $462M in Funding; Valued at $3 Billion
Geneva Motor Show 2020: the cars we would have seen at cancelled show
The 2020 Geneva Motor Show was due to open its doors to the world’s press on Tuesday 3rd of March, but has now been cancelled by show organisers due to the developing outbreak of coronavirus in Europe. Geneva is one of the most important events in the motoring calendar, acting as a stage for some of… Continue reading Geneva Motor Show 2020: the cars we would have seen at cancelled show
Zipcar Now Offers Free Passes to State and Provincial Parks
Members can now visit select parks for free across North America, with hundreds of Zipcars equipped with free park passes BOSTON, May 17, 2019 – Today, Zipcar is announcing the official launch of its free park pass program just in time for the busy Memorial Day and Victoria Day travel weekends. The free passes enable… Continue reading Zipcar Now Offers Free Passes to State and Provincial Parks
@Toyota: TMC Has Updated Results for January 2020
Toyota City, Japan, February 27, 2020―Toyota Motor Corporation (TMC) announces its sales, production, and export results for January 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. To view more information on the sales, production, and export results by country and region, including specific details on the reasons for any changes… Continue reading @Toyota: TMC Has Updated Results for January 2020