Chubu Electric Power and Toyota to Commence Electrified Vehicle Battery Reuse and Recycling Verification Project

Chubu Electric Power Co., Inc. (Chubu Electric Power) and Toyota Motor Corporation (Toyota) today announce that the two companies have concluded a basic agreement with the aim of commencing a verification project that entails construction of a large-capacity storage battery system (Storage Battery System) that reuses electrified vehicle batteries (batteries), as well as examination of… Continue reading Chubu Electric Power and Toyota to Commence Electrified Vehicle Battery Reuse and Recycling Verification Project

Maruti to start manufacturing budget electric vehicle on its own – Times of India

NEW DELHI: India’s largest carmaker Maruti Suzuki will start making its first affordable electric vehicle (EV) by 2020 based on technology from parent Suzuki Motor, ahead of products developed in partnership with Toyota.The company and its parent are focusing on in-house capabilities but are also looking for partners to put in place the ecosystem for… Continue reading Maruti to start manufacturing budget electric vehicle on its own – Times of India

TMC Announces Results for December 2017 and CY2017

Jan. 30, 2018 Toyota City, Japan, January 30, 2018―Toyota Motor Corporation (TMC) announces its production, domestic sales, and export results for December 2017 and for CY2017, including those for subsidiaries Daihatsu Motor Co., Ltd., and Hino Motors, Ltd. December 2017 Results Unit = vehicles; figures in ( ) show year-on-year percentage change   Toyota Daihatsu… Continue reading TMC Announces Results for December 2017 and CY2017

DENSO Develops New Vision Sensor for Improved Night Driving Safety

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has developed a new standard vision sensor that detects pedestrians at night, cyclists, road signs, driving lanes and other road users. Working in conjunction with a millimeter-wave radar sensor, the new vision sensor allows automobiles to automatically activate emergency braking when… Continue reading DENSO Develops New Vision Sensor for Improved Night Driving Safety

Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

Tesla The Observer Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitious Elon Musk unveils Tesla’s forthcoming Roadster 2 sports car in California. Photograph: Reuters Racy valuations for loss-making businesses are nothing new to… Continue reading Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

Apple added two dozen self-driving SUVs to its California test fleet

Last April, Apple was granted a permit to test its autonomous vehicle technology by the state of California and since then, the company has expanded its test fleet from three vehicles to 27, Bloomberg reports. The California Department of Motor Vehicles said that Apple had registered 24 Lexus RX450h SUVs between last July and this… Continue reading Apple added two dozen self-driving SUVs to its California test fleet

Apple grows fleet of self-driving test cars to 27

Apple has expanded its autonomous vehicle test fleet, according to Bloomberg, jumping from just three cars registered with the California DMV last year, to 27 vehicles in total now. The fleet consists entirely of Lexus RX450h SUVs, a popular choice for anyone working on autonomous car tech because they can be fairly easily retrofitted with… Continue reading Apple grows fleet of self-driving test cars to 27

Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won

Hyundai Motor Co.’s earnings fell short of estimates after worker strikes in South Korea hurt output and a stronger won weakened its competitiveness amid tepid demand in the U.S. and China. Fourth-quarter operating profit fell to 775 billion won ($731 million), the Seoul, South Korea-based company said in a statement Thursday. That compares with the… Continue reading Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won