Tag: Toyota

Indonesia president signs new EV decree to bolster industry

JAKARTA: Indonesian President Joko Widodo said on Thursday he signed a decree that lays out government support to build an electric vehicle (EV) industry in Southeast Asia’s largest economy, the Cabinet Secretariat said in a statement. Widodo did not elaborate, but a draft of the decree reviewed by Reuters ahead of the signing showed it… Continue reading Indonesia president signs new EV decree to bolster industry

Osram invests in driverless car AI company – LEDs Magazine

Osram might be in the midst of an uncertain ownership change, but it’s conducting business as usual in that it continues to recast itself as a high-tech outfit. In its most recent example, it has invested in a Silicon Valley firm specializing in artificial intelligence (AI) for driverless cars. The company’s Fluxunit venture capital arm… Continue reading Osram invests in driverless car AI company – LEDs Magazine

Ford CEO: We were disrupting the auto industry long before Elon Musk – CNN

The auto industry is going through massive change — and Tesla and its outspoken CEO, Elon Musk, are seen as the great disruptors. But as Ford CEO Jim Hackett pointed out during a recent interview for CNN Business’ The Table with Poppy Harlow in Detroit, his company caused, arguably, the biggest industrial disruption of the… Continue reading Ford CEO: We were disrupting the auto industry long before Elon Musk – CNN

Automotive supplier: Small sensation on Continentals Techshow: a half full hybrid

Tire bearings from Continental The profit of the supplier has recently declined significantly. (Photo: AP) Dusseldorf has on its annual tech show Continental presented a small sensation: a newly developed 48-volt mild hybrid drive, which differs from conventional electric drives with a voltage of 48 volts. With it, vehicles can be moved purely electrically up… Continue reading Automotive supplier: Small sensation on Continentals Techshow: a half full hybrid

Toyota And Preferred Networks To Begin Joint Development Of Service Robots

Toyota Motor Corporation (Toyota) and Preferred Networks Inc (PFN) have agreed to engage in joint research and development using Toyota’s Human Support Robot (HSR) platform. The two companies will accelerate development by sharing their technologies, aiming to develop robots that cater to market needs at the earliest opportunity. In recent years, the scope of robot… Continue reading Toyota And Preferred Networks To Begin Joint Development Of Service Robots

Tens of thousands losing jobs as India’s auto crisis deepens

The malaise has been spreading across much of the industry, both in terms of vehicle type and components as well as geographically in India’s manufacturing hubs. By Sudarshan Varadhan, Aditi Shah and Aftab Ahmed NEW DELHI : Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies… Continue reading Tens of thousands losing jobs as India’s auto crisis deepens

Hyundai releases car with solar panel roof

Hyundai has released a version of its Sonata hybrid that has solar panels to help charge its battery. The Korean car maker said up to 60% of the power for the car’s battery could be supplied if the solar roof was used for six hours a day. The panels would provide enough power to propel… Continue reading Hyundai releases car with solar panel roof

French automobile production will suddenly fall in 2020

The automobile is a business of cycles, and some are more exciting than others. After a few years of thinning that allowed the Hexagon to return to the European podium of car production , France will know a brutal blow of stop next year. The level of production of all automotive plants will fall by… Continue reading French automobile production will suddenly fall in 2020