The 2020 Geneva Motor Show was due to open its doors to the world’s press on Tuesday 3rd of March, but has now been cancelled by show organisers due to the developing outbreak of coronavirus in Europe. Geneva is one of the most important events in the motoring calendar, acting as a stage for some of… Continue reading Geneva Motor Show 2020: the cars we would have seen at cancelled show
Tag: Toyota
Zipcar Now Offers Free Passes to State and Provincial Parks
Members can now visit select parks for free across North America, with hundreds of Zipcars equipped with free park passes BOSTON, May 17, 2019 – Today, Zipcar is announcing the official launch of its free park pass program just in time for the busy Memorial Day and Victoria Day travel weekends. The free passes enable… Continue reading Zipcar Now Offers Free Passes to State and Provincial Parks
@Toyota: TMC Has Updated Results for January 2020
Toyota City, Japan, February 27, 2020―Toyota Motor Corporation (TMC) announces its sales, production, and export results for January 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. To view more information on the sales, production, and export results by country and region, including specific details on the reasons for any changes… Continue reading @Toyota: TMC Has Updated Results for January 2020
China’s CATL revs up EV battery production following Tesla deal
GUANGZHOU — China’s biggest electric vehicle battery maker, CATL, will invest up to 26 billion yuan ($3.7 billion) to quadruple its production capacity for lithium-ion batteries used in cars and storage systems. Annual production capacity at a plant in Ningde, Fujian Province, where the company is headquartered, will be increased by 16 gigawatt-hours, the battery… Continue reading China’s CATL revs up EV battery production following Tesla deal
Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News
When historians record the six years since Alan Mulally retired as CEO of Ford Motor Co., the chapter could be entitled “A Chronicle of Wasted Time.” Here was COO-designate Jim Farley using a Wednesday presentation to investors to deliver a message as bracing as a bucket of ice water: “I can see it on the face of… Continue reading Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News
Spanish plant owned by Denso, Fujitsu preparing to halt production as virus causes shortages
MADRID (Reuters) – A Spanish plant owned by Denso Corp and Fujitsu Ltd is prepared to halt some production of auto electronics components if necessary because of a shortage of parts from China due to the coronavirus outbreak. The factory in Malaga expects to suspend its first production line – which assembles car audio components… Continue reading Spanish plant owned by Denso, Fujitsu preparing to halt production as virus causes shortages
Driverless car startup Pony.ai raises $462 million at a $3 billion valuation – VentureBeat
In a sign that investors’ enthusiasm for driverless cars hasn’t dampened yet, Pony.ai today secured a whopping $462 million in fresh funding, $400 million of which came from Toyota. The capital infusion brings the Guangzhou- and Fremont, California-based startup’s total raised to about $800 million at a valuation north of $3 billion (up from $1… Continue reading Driverless car startup Pony.ai raises $462 million at a $3 billion valuation – VentureBeat
Toyota invests in Pony.ai to deepen driverless capability
SHANGHAI (Bloomberg) — Toyota Motor Corp. invested $400 million in Pony.ai to strengthen its ties with the Chinese provider of driverless-car systems.The investment extends the companies’ partnership formed last year and pushes Pony.ai’s valuation to more than $3 billion, the start-up said …
@Toyota: Mobility Pioneers Named as Winners in the First Toyota Startup Awards
Four winners announced in the first Toyota Startup Awards following pitch competition for finalists in Barcelona SociAbility (UK), ProsFit (Bulgaria), Seamless Vision (Israel) and Wheeliz (France) given the opportunity to receive training, mentoring and funding for their work on inclusive mobility projects through the Toyota Accelerator Program Competition presented by Toyota Motor Europe (TME) and… Continue reading @Toyota: Mobility Pioneers Named as Winners in the First Toyota Startup Awards
Self-driving startup Pony.ai snaps up $462m from Toyota, others
The new funding round brings Pony.ai’s valuation to over US$3 billion. Go to Source