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)
Tag: Toyota
@Toyota: Adjustments to Domestic Production in July 2020 (as of June 22)
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 to approximately ten percent decrease compared to the initial plan.… Continue reading @Toyota: Adjustments to Domestic Production in July 2020 (as of June 22)
Thai startup raises $80m from Toyota and others amid pandemic
TOKYO — Bangkok-based fintech startup Synqa Holdings is looking to capture a slice of growing demand for cashless transactions in Asia by taking advantage of $80 million it recently raised. Synqa, formerly known as Omise Holdings, completed its Series C funding led by Siam Commercial Bank‘s venture capital subsidiary SCB 10X and Tokyo-listed asset manager… Continue reading Thai startup raises $80m from Toyota and others amid pandemic
Toyota sees July vehicle output down 10% on initial plan
TOKYO (Reuters) – Toyota Motor Corp (7203.T) said on Monday it would make 10% fewer vehicles next month than originally planned, as it gradually resumes output following factory closures earlier this year due to the coronavirus pandemic. FILE PHOTO: Cars are seen outside the Toyota car showroom in Stockport, following the outbreak of the coronavirus… Continue reading Toyota sees July vehicle output down 10% on initial plan
Fusion with Fiat Chrysler under scrutiny: EU Commissioner Vestager slows down PSA boss Tavares
REUTERS / Christian Hartmann PSA boss Tavares: With the merger of PSA and Fiat Chrysler, the manager finally wanted to climb into the league of large car brushes For months, PSA chief Carlos Tavares and FCA chief Mike Manley negotiated a merger. In December of last year, they finally announced the merger. But now the… Continue reading Fusion with Fiat Chrysler under scrutiny: EU Commissioner Vestager slows down PSA boss Tavares
@Toyota: Toyota Launches New Model Harrier in Japan
From the first moment seeing, riding, or driving off in the new Harrier, it resonates with a focus on sensory quality. Rather than relying on utility or numerical performance, Toyota’s development goal was to create a unique presence that fills the heart with its elegance. As a result, it created a vehicle that goes beyond… Continue reading @Toyota: Toyota Launches New Model Harrier in Japan
Beep Partners With USDOT, AV Industry, And State Transportation Departments For AV Test Initiative
ORLANDO, Fla., June 17, 2020 /PRNewswire/ — Beep, an Orlando-based autonomous shuttle service provider, is among 17 initial participants selected by the United States Department of Transportation (USDOT) and the National Highway Traffic Safety Administration (NHTSA) for the Automated Vehicle Transparency and Engagement for Safe Testing Initiative (AV TEST Initiative). The AV TEST Initiative is focused… Continue reading Beep Partners With USDOT, AV Industry, And State Transportation Departments For AV Test Initiative
SLAMcore Raises $5M in Funding
SLAMcore, a London, UK-based company developing spatial AI algorithms for robots and drones, secured $5m in funding. The round was led by Octopus Ventures and MMC Ventures, with participation from Amadeus Capital Partners and Toyota AI Ventures. The company intends to use the funds to speed up the availability of its solutions, including its recently… Continue reading SLAMcore Raises $5M in Funding
Volkswagen sinks another $200 million into solid-state battery company QuantumScape
Volkswagen said Tuesday it has invested another $200 million into QuantumScape, a Stanford University spinout developing solid-state batteries as the automaker bets on a next-generation technology that will unlock longer ranges and faster charging times in electric vehicles. Volkswagen’s relationship with QuantumScape, which had early backing from Kleiner Perkins and Khosla Ventures, actually stretches back to… Continue reading Volkswagen sinks another $200 million into solid-state battery company QuantumScape
@Toyota: Empowering People on the Production Floor with AI: Our Investment in Drishti
At Toyota AI Ventures, we envision a world where technology amplifies the human experience. That’s why I’m excited to announce our investment in Drishti Technologies. Drishti tackles the well-known operational challenges of assembly line manufacturing, with a combination of AI, data, and analytics that empowers humans on the manufacturing floor to work more efficiently with… Continue reading @Toyota: Empowering People on the Production Floor with AI: Our Investment in Drishti