Tag: Toyota

@Toyota: Toyota Tsusho Accelerates Building of V2G System Fulfilling Requirements of Supply-Demand Adjustment Market

2020-08-11 Toyota Tsusho Corporation (“Toyota Tsusho”) announces that it has entered a virtual power plant (VPP)*1 vehicle to grid (V2G)*2 aggregator demonstration project that harnesses the power of energy storage in batteries of plug-in hybrid vehicles and electric vehicles (“PHEVs/BEVs”). Currently in its third year, the project plans to establish marketization of electricity supply-demand control… Continue reading @Toyota: Toyota Tsusho Accelerates Building of V2G System Fulfilling Requirements of Supply-Demand Adjustment Market

Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the second quarter ended June 30, 2020 and that it has… Continue reading Martinrea International Inc. Reports Second Quarter Results and Declares Dividend

Ridecell Selected by Toyota Sweden to Launch New Mobility Service

SAN FRANCISCO, Aug. 11, 2020 /PRNewswire/ — Ridecell Inc., the leading platform provider for mobility operators, today announced that KINTO Share, a shared mobility program for Toyota Sweden, has selected the Ridecell High-yield Mobility Platform to run their mobility operations. The Ridecell platform runs all aspects of the service, including customer verification, vehicle lock and… Continue reading Ridecell Selected by Toyota Sweden to Launch New Mobility Service

@Toyota: Toyota Doubles Down on Sedans

As the automotive industry shifts to trucks and SUVs, Marketing VP Cynthia Tenhouse sees a bright future for Toyota’s passenger car lineup. It’s no secret the auto industry is undergoing a bit of a shift at the moment. In fact, the surge in truck and SUV sales have led several brands to all but eliminate… Continue reading @Toyota: Toyota Doubles Down on Sedans

@Toyota: TMC Announces Changes to Operating Officer and Senior Managements’ Areas of Responsibilities

  Koji Sato Lexus International Co. (President) Lexus International Co. (President) GAZOO Racing Company (President)   Hisatake Murata GAZOO Racing Company (Senior General Manager) GAZOO Racing Company (Executive Vice President)   Hideharu Matsuoka Connected Company (Executive Vice President) Connected Business Field (concurrently Senior General Manager) Connected Company (Executive Vice President) * Mitsuru Uno Toyota Mobility… Continue reading @Toyota: TMC Announces Changes to Operating Officer and Senior Managements’ Areas of Responsibilities

Toyota posts net profit of $1.5bn for April-June despite COVID

TOKYO — Toyota Motor posted a net profit of 158 billion yen ($1.5 billion) for the three months ended in June, the automaker said Thursday. That was down 74% from the previous year, but the Japanese automaker stayed in the black even as its peers had loss-making quarters due to the COVID-19 pandemic. Revenue at Toyota for April… Continue reading Toyota posts net profit of $1.5bn for April-June despite COVID

@Hyundai: Stairway to Hydrogen Society

Now we all know that carbon is the main villain that is killing us all, hence the growing hydrogen fuel market. Europe, the US, and Japan had an early start in the Hydrogen Society, and South Korea also initiated a roadmap. Various corporations in the chemical, energy, or mobility industry have started to use hydrogen.… Continue reading @Hyundai: Stairway to Hydrogen Society

Toyota’s first-quarter profit nearly wiped out as coronavirus erodes car sales

FILE PHOTO: Employees wearing protective masks work at the Toyota Motor Manufacturing France plant as it resumes its operations after five weeks of closure during a lockdown amid the coronavirus disease (COVID-19) outbreak, in Onnaing, France, April 23, 2020. REUTERS/Pascal Rossignol TOKYO (Reuters) – Toyota Motor Corp (7203.T) posted a 98% plunge in its first-quarter… Continue reading Toyota’s first-quarter profit nearly wiped out as coronavirus erodes car sales