Tag: Toyota

@Toyota: Toyota is conducting a safety recall involving certain Prius and Prius v vehicles

PLANO, Texas (June 24, 2020) – Toyota is conducting a safety recall involving certain 2013-2015 Model Year Prius and 2014 – 2017 Model Year Prius v in the United States.  Approximately 267,000 vehicles are involved in this recall. The involved vehicles were designed to enter a failsafe driving mode in response to certain hybrid system faults.… Continue reading @Toyota: Toyota is conducting a safety recall involving certain Prius and Prius v vehicles

@Toyota: Building Emotionally Intelligent Robots: Our Portfolio Company Embodied Is Hiring

Image courtesy of Embodied A Toyota AI Ventures portfolio company since July 2018, Embodied recently introduced Moxie, an animate companion robot for children. Moxie engages children in play-based learning through technologies in Embodied’s SocialXTM platform, which incorporates new developments in natural language processing, computer vision, and conversational artificial intelligence (AI). Led by founder and CEO Paolo… Continue reading @Toyota: Building Emotionally Intelligent Robots: Our Portfolio Company Embodied Is Hiring

@Toyota: Transforming Forklifts with Cloud Robotics: Our Investment in Third Wave

At Toyota AI Ventures, we believe that robotic technologies can transform our lives for the better, whether through mobility, consumer robots, or industrial automation. That’s why we’re excited to announce our investment in Third Wave’s Series A round. Based in Union City, California, Third Wave uses computer vision, robotics, and machine learning technology to make… Continue reading @Toyota: Transforming Forklifts with Cloud Robotics: Our Investment in Third Wave

@Toyota: Motorists Invited to Clean Up on New Car Costs with Toyota and Lexus Scrappage Schemes

Trading up to a brand new car is a big financial step, but Toyota and Lexus are making it easier for owners of older vehicles to snap up a showroom-fresh model, offering generous discounts through their vehicle scrappage schemes. Savings of up to £4,000 are available this summer, covering most models from both brands. For… Continue reading @Toyota: Motorists Invited to Clean Up on New Car Costs with Toyota and Lexus Scrappage Schemes

Carmakers in Southeast Asia are reluctant to hit the accelerator

BANGKOK — Automakers operating in Southeast Asia are moving in low gear as they bring plants back online after weeks of suspended production due to the coronavirus pandemic. Safety protocols and weak sales force them to proceed slowly in restarting operations. Since May, most Southeast Asian nations have been easing restrictions on business operations and people’s movements that were introduced to contain the outbreak.… Continue reading Carmakers in Southeast Asia are reluctant to hit the accelerator

South Korea’s Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

SEOUL (Reuters) – South Korea’s Hyundai Motor Group and LG Chem Ltd (051910.KS) are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday. FILE PHOTO: An attendee takes a picture of the 2019 Hyundai Kona Electric vehicle being displayed at the… Continue reading South Korea’s Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Brussels, 23 June 2020 – In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about -25%. This effectively means that the industry association expects car sales in the European Union to… Continue reading Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

@Toyota: Toyota: Adjustments to Domestic Production in July 2020 (as of June 22)

Toyota City, Japan, June 22, 2020 – (JCN Newswire) – Due to the effects of COVID-19 on the current market and the change in demand of new vehicles globally, Toyota intends to continually make gradual adjustments in production operations at plants for completed vehicles in Japan. We estimate the production volume will be recovered up… Continue reading @Toyota: Toyota: Adjustments to Domestic Production in July 2020 (as of June 22)