Karma has some of the longest plug-in range, among plug-in hybrids. GM’s Lordstown plant may soon really be building an electric truck. Hyundai is going for green-car variety in the U.S. And Toyota and BYD are new partners for electric vehicles in China. This and more, today at Green Car Reports. Toyota and BYD have… Continue reading Lordstown electric truck, Karma Revero range, Toyota and BYD: Today’s Car News
Tag: Toyota
Toyota and BYD join forces for EV development in China
Toyota and BYD will partner to develop BEVs for the Chinese market, the two companies announced Thursday. The automakers will invest 50-50 in a new company, the primary mission of which will be to design and develop BEVs from the ground up. Staffing of the new company’s engineering and R&D departments will come from the… Continue reading Toyota and BYD join forces for EV development in China
Honda cuts operating profit forecast on stronger yen
FILE PHOTO: The logo of Honda is seen on a Monster model during a Motor Day Exibition in Rome, Italy, March 5 2016. REUTERS/Alessandro Bianchi TOKYO (Reuters) – Honda Motor Co (7267.T) on Friday cut its full-year profit outlook by about 10% on expectations of a stronger yen. Japan’s No.3 automaker cut its forecast for… Continue reading Honda cuts operating profit forecast on stronger yen
Suzuki rethinks promise of India’s auto market, and it is not alone
* India autos will no longer see uninterrupted move upwards-Suzuki * Global players re-evaluating strategy, focus on strengths * Taxes, regulatory changes plaguing global car makers in India By Aditi Shah NEW DELHI, Nov 8 (Reuters) – Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it… Continue reading Suzuki rethinks promise of India’s auto market, and it is not alone
Toyota signs a deal with BYD to develop batteries for electric cars
Toyota has yet to launch an all-electric vehicle, but they have been making a lot of deals to develop batteries for them and now they have one with BYD. In January, Toyota announced a new wide-ranging battery partnership for electric vehicles. A few months later, the Japanese automaker also reached a deal with Chinese giant… Continue reading Toyota signs a deal with BYD to develop batteries for electric cars
Uber is using Waymo tech in its self-driving cars. That could be an expensive problem. (UBER)
Uber “will likely” have to strike a deal with Waymo or develop it’s own software, the company said. The shift comes after an expert found the ride-hailing company has been using tech from the Alphabet-owned company. It’s not clear by when Uber will have to make the decision, which could prove expensive for its already… Continue reading Uber is using Waymo tech in its self-driving cars. That could be an expensive problem. (UBER)
Toyota posts 14% rise in Q2 operating profit as car sales rise
TOKYO, Nov 7 (Reuters) – Toyota Motor Corp posted a 14.4% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales.
Japan's biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 579.1 billion yen a year ago.
It was higher than an average forecast of 592.3 billion yen based on estimates from nine analysts, Refinitiv data shows.
Toyota shares rise on $1.8bn buyback and record profits
Japanese group bucks headwinds that are slowing the global car industry Go to Source
Uber faces costly choices after expert finds it uses Waymo self-driving tech
SAN FRANCISCO (Reuters) – Uber (UBER.N) said it “will likely” have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software, after an expert found the ride-hailing giant still used technology from the Alphabet Inc (GOOGL.O) unit. FILE PHOTO: Uber’s logo is displayed on a mobile phone in… Continue reading Uber faces costly choices after expert finds it uses Waymo self-driving tech
UPDATE 1-BYD, Toyota to set up research venture to develop electric vehicles
FILE PHOTO: A woman walks past a BYD sign at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song TOKYO/SHANGHAI (Reuters) – Chinese electric car maker BYD Co Ltd and Japan’s Toyota Motor Corp said on Thursday they planned to set up a joint venture to design… Continue reading UPDATE 1-BYD, Toyota to set up research venture to develop electric vehicles