Tag: Toyota

Flying cars could lure investors away from ground-based services: survey

(Reuters) – Electric air taxis — known colloquially, if somewhat misleadingly, as “flying cars” — could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday. FILE PHOTO: A prototype of an electrical air taxi that takes off and lands vertically (eVTOLs), made by German… Continue reading Flying cars could lure investors away from ground-based services: survey

@Hyundai: The Hyundai Motor Europe Technical Center: Prologue

The biggest reason behind Hyundai/Kia’s constant popularity in Europe is due to their efforts to meet the European customers’ needs. Designing a car is not an easy task. It requires tens of thousands of discreet parts, for starters. Automakers also need to take climate, road conditions, characteristics of each market, and regulations into their account.… Continue reading @Hyundai: The Hyundai Motor Europe Technical Center: Prologue

Lexus to launch EV in China taking on VW and Tesla

NAGOYA — Toyota Motor is ramping up efforts to sell electric vehicles in China, the world’s largest auto market, where it plans to launch its first electric Lexus in 2020. The plan was unveiled at the Guangzhou International Automobile Exhibition in late November. China’s electric vehicle market is facing challenges after the government cut subsidies.… Continue reading Lexus to launch EV in China taking on VW and Tesla

Battery costs, EVs for China, solar cars from Europe: The Week in Reverse

Which automaker committed to a plant with battery giant LG Chem? And why again is Toyota so committed to hybrids and not electric cars? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 6, 2019. Sono Motors is aiming to make a compact car powered… Continue reading Battery costs, EVs for China, solar cars from Europe: The Week in Reverse

BMW and Hyundai hacked by Vietnamese hackers, report claims

Image: Pablo Martinez German media is reporting that hackers suspected to have ties to the Vietnamese government have breached the networks of two car manufacturers, namely BMW and Hyundai. The report, coming from Bayerischer Rundfunk (BR) and Taggesschau (TS), claims that hackers breached the network of a BMW branch sometime this spring. The attackers allegedly… Continue reading BMW and Hyundai hacked by Vietnamese hackers, report claims

Toyota Motor leads $50m funding in US-based startup May Mobility

May Mobility, a US-based self-driving shuttle service provider, announced on Thursday that it has raised $50 million in a Series B round led by Toyota Motor Corporation. The round also saw the participation of SPARX Group and existing investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures. The corpus raised… Continue reading Toyota Motor leads $50m funding in US-based startup May Mobility

May Mobility Raises $50M in Series B Funding

May Mobility, an Ann Arbor, Mich.-based autonomous Transportation-as-a-Service (TaaS) provider, closed a $50m Series B funding round. The round, which brought the company’s total raised to $84m to date, was led by Toyota Motor Corporation with participation from SPARX Group and return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI… Continue reading May Mobility Raises $50M in Series B Funding

Quarterly Plug-In EV Sales Scorecard

We’ll be reporting 2019 Q4 EV Sales beginning Thursday, January 2 and/or Friday, January 3, and continuing throughout the following week. However, it’s important to note that there will still be some missing data since many automakers refuse to report EV sales. Nonetheless, stay tuned in the coming days as we’ll be beginning to add automaker reported… Continue reading Quarterly Plug-In EV Sales Scorecard