Toyota supplier Akebono Brake says it faked data 100,000 times

TOKYO — Japanese auto parts supplier Akebono Brake Industry said on Tuesday it found about 114,000 instances of misconduct, including the falsification of inspection data of brakes and their components. Of those components, about 5,000 cases failed to clear quality standards Akebono had agreed with its automaker customers, the company said. Such components were delivered… Continue reading Toyota supplier Akebono Brake says it faked data 100,000 times

Toyota to suspend output from nine factories in Japan due to quake

By Reuters Staff 1 Min Read FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo TOKYO (Reuters) – Japan’s Toyota Motor Corp said on Tuesday it will suspend its vehicle production on 14 lines at nine group factories in Japan due… Continue reading Toyota to suspend output from nine factories in Japan due to quake

Japan gas-station operator Idemitsu enters electric vehicle race

TOKYO — Japanese oil company Idemitsu Kosan has partnered with race-car manufacturer Tajima Motor to enter the electric vehicle market as early as this year, aiming to deliver autos as low as 1 million yen ($9,500) as well as car sharing services. This marks the first time in Japan that a non-automaker has made the jump into electric vehicles… Continue reading Japan gas-station operator Idemitsu enters electric vehicle race

Global semiconductor shortage could stymie EV manufacturers in 2021

As the world enters 2021 with a cautious optimism, its global markets are still feeling many of the repercussions of the COVID-19 pandemic that have yet to be eradicated. Many people have pivoted toward remote work. This has increased smartphone and laptop demand, leading to shortages of essential components like semiconductors. One industry that is… Continue reading Global semiconductor shortage could stymie EV manufacturers in 2021

@Toyota: TOYOTA GAZOO Racing Outlines 2021 Motorsports Activities

Toyota City, Japan, Feb 12, 2021 – (JCN Newswire) – TOYOTA GAZOO Racing (TGR) focuses on motorsports and engages in activities to offer ever-better cars to our customers, including the development, production and establishment of sales projects for products created from the racing environment. The year 2020 was difficult for TGR as numerous motorsports events… Continue reading @Toyota: TOYOTA GAZOO Racing Outlines 2021 Motorsports Activities

With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business

One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer at nearly $5.7 billion. News of a potential deal comes on the heels of another big SPAC transaction… Continue reading With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business

Fiat Chrysler and Peugeot Approve a Merger They Need to Survive

Shareholders of Fiat Chrysler Automobiles and PSA, the French maker of Peugeot, Citroën and Opel cars, voted on Monday to merge in an effort to acquire the scale necessary to survive in an industry gripped by technological change and pummeled by the pandemic. The new company, to be called Stellantis, will employ 400,000 people and… Continue reading Fiat Chrysler and Peugeot Approve a Merger They Need to Survive

Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo

Three recent deals have given Aurora access to ride-hailing and car-building expertise. The latest, a partnership with Toyota, puts Aurora in a better position to compete with Waymo. But Aurora still has to prove it can put robotaxis on the road. Visit the Business section of Insider for more stories. Aurora Innovation has announced three… Continue reading Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo

EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups

Brussels, 11 February 2021 – Carmakers, environmentalists and consumer groups are calling on the EU to set ambitious targets per country for the deployment of electric vehicle charging points. In a common letter today, the European Automobile Manufacturers’ Association (ACEA), Transport & Environment (T&E) and the European Consumer Organisation (BEUC) asked the EU climate, transport,… Continue reading EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups