Toyota Motor Corp. wants the world to know it’s serious about competing in the market for battery-based electric vehicles. The world’s biggest carmaker is planning to invest 4 trillion yen ($35.2 billion) to supercharge its EV push, with a target to sell 3.5 million units annually by the end of the decade, Chief Executive Officer… Continue reading Toyota to plow $35 billion into accelerating electric car shift
Tag: VW
@VW Group: Significant CO2 savings possible: latest-generation diesel engines approved for fuels made from residual and recycled materials004352
Volkswagen plans to reduce the carbon footprint of its fleet in Europe by 40 percent by the year 2030. The company is therefore increasingly focusing on fully and partially electric vehicles. As a further alternative, Volkswagen is now officially approving models with the latest-generation 4-cylinder diesel engines for use with paraffinic fuels. These newly developed… Continue reading @VW Group: Significant CO2 savings possible: latest-generation diesel engines approved for fuels made from residual and recycled materials004352
@VW Group: Staying cool: Complex cooling systems for the Dakar Rally in the Audi RS Q e-tron004353
The futuristic exterior of the Audi RS Q e-tron perfectly reflects its advanced concept with electric all-wheel drive and an energy converter. In order to perfectly temper the complex and in some cases highly stressed systems, Audi has implemented an elaborate cooling system. “Audi has never contested the Dakar Rally before. The first question we… Continue reading @VW Group: Staying cool: Complex cooling systems for the Dakar Rally in the Audi RS Q e-tron004353
@VW Group: Audi Gastronomy supports European Broiler Chicken Initiative004352
In its gastronomy services, Audi is consistently banking on sustainability and animal welfare. Audi is now the first auto manufacturer to join the European Chicken Commitment. This means that starting no later than 2026, Audi is committing to buying only chicken that adheres to animal welfare criteria that go beyond the minimum legal standards for… Continue reading @VW Group: Audi Gastronomy supports European Broiler Chicken Initiative004352
PayByPhone Brings a Better Parking Experience to The City of Asbury Park, New Jersey
Vancouver, British Columbia, Dec. 14, 2021 (GLOBE NEWSWIRE) — Residents and visitors of The City of Asbury Park, New Jersey, will now have another contactless parking experience thanks to PayByPhone. The leading global provider of mobile parking payment solutions, is expanding to over 3000 parking spaces across the city. PayByPhone offers not only a mobile… Continue reading PayByPhone Brings a Better Parking Experience to The City of Asbury Park, New Jersey
Toyota’s electric vehicle plans are getting bigger and more expensive
Toyota is ramping up its electric vehicle production schedule, vowing to release 30 electric vehicles by 2030 rather than just 15 EVs by 2025, as was previously promised. The Japanese automaker also vowed to sell 3.5 million battery EVs globally by 2030 and to transform Lexus into an EV-only brand by 2035. The company said… Continue reading Toyota’s electric vehicle plans are getting bigger and more expensive
Toyota’s latest EV concepts include sports cars and a pickup
Toyota now aims to roll out 30 electric vehicles by 2030, expanding on its plan to sell 15 fully electric models by 2025. It gave a taste of the future by previewing a broad range of EV concepts during a presentation. Among those is a pickup, which could compete with the likes of Ford’s F-150… Continue reading Toyota’s latest EV concepts include sports cars and a pickup
Bangladesh, Sri Lanka, Nepal and Bhutan Automotive Industry Outlook to 2025-Increase in Consumer Spending Albeit Import Restrictions in the Economy will drive Growth of Automotive Sector: Ken Research
GURUGRAM, India, Dec. 14, 2021 /PRNewswire/ — Nepal News Key Findings Bagmati and Lumbini are the leading regions in Nepal representing lion’s share of sales in Automotive Industry. In 2019, the country was hit with a nationwide lockdown due to COVID and this was implemented in the peak sales season. Trends driving the Automotive Industry… Continue reading Bangladesh, Sri Lanka, Nepal and Bhutan Automotive Industry Outlook to 2025-Increase in Consumer Spending Albeit Import Restrictions in the Economy will drive Growth of Automotive Sector: Ken Research
EV Battery Industry Procurement Intelligence Study: Increasing Fuel Prices & Rising Adoption Of Electric Vehicles Has Propelled The Need For Procurement Of Electric Vehicle Batteries | Grand View Research, Inc.
SAN FRANCISCO, Dec. 14, 2021 /PRNewswire/ — The global EV battery market is expected to witness sustainable growth (CAGR of 16%) from 2020 to 2025 due to the rising demand for electric vehicles across the world. The continuous rise in the adoption of electric vehicles due to the COVID-19 pandemic and the high fuel prices has… Continue reading EV Battery Industry Procurement Intelligence Study: Increasing Fuel Prices & Rising Adoption Of Electric Vehicles Has Propelled The Need For Procurement Of Electric Vehicle Batteries | Grand View Research, Inc.
@Tata-JLR: InMotion Ventures backs car repair BNPL firm Bumper in $12m raise
Bumper, a UK-based startup providing buy now pay later (BNPL) services for car repair financing, has raised $12m (£9.04m) in its latest funding round. This series A funding was led by Silicon Valley-based Autotech Ventures, with participation from Porsche Ventures and Jaguar Land Rover’s fund InMotion Ventures. The funding round, which also saw cash provided… Continue reading @Tata-JLR: InMotion Ventures backs car repair BNPL firm Bumper in $12m raise