Monday, 6 December 2021

Tag Archives: Toyota

Tesla vs Toyota, Who is Bigger

LONDON: Last week, Tesla Inc. CEO Elon Musk liked a tweet that read, “Tesla is now officially the most valuable automaker of all the world!! Congrats!!” The tweet showed a screenshot of a well-shared Google sheet created by Reddit user u/brandude87, listing the world’s top 25 automakers by market value. ...

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Toyota tests solar-powered Prius in quest for plugless electric car

TOKYO: Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Motor Corp is experimenting with a sun-powered Prius that it hopes will one day require no plugging in. In the Japanese government-funded demonstration project, Toyota engineers fitted solar panels designed by Sharp Corp to the ...

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Uber wins $1bn investment from Toyota

TOKYO: Japanese car giant Toyota and investment fund SoftBank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services. The latest cash injection, expected to close in the third quarter this year, came amid fevered anticipation of ...

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Zero chance of Renault taking over Nissan, Mitsubishi

(Reuters, 2018) TOKYO: Renault SA absorbing Nissan Motor Co. and Mitsubishi Motors Corp is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. “Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault ...

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Toyota Investing Billions In New Self-Driving Car Company

TOKYO: Toyota is one of the many companies exploring self-driving car technologies for the future of mobility. The Japanese car giant has announced that it’s teaming up with two of its suppliers to set up a new company that will be dedicated to the research and development of autonomous cars. ...

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Lexus and Toyota issue airbag recall

NEW YORK: Toyota announced a massive worldwide recall of about 645,000 vehicles due to an electrical issue that could result in the air bag not deploying during a crash. Affected units are built between June and December 2015, and are equipped with an airbag system that uses multiple sensors to ...

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Toyota seeks more investments in Israeli auto tech, robotics

TEL AVIV: Japan’s Toyota Motor Corp is seeking more investments in Israeli robotics and vehicle technologies after its venture arm led a $14 million investment in Intuition Robotics in July. The startup, which makes robots for the elderly, was the first Israeli investment for Toyota AI Ventures, a new $100 ...

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Toyota plans to build new Auris in UK

LONDON: Toyota intends to build the next version of its Auris car at its UK car plant on the assumption that the government secures a transitional Brexit deal, two sources familiar with the matter told Reuters. The final decision is due to be made by the end of the year, ...

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Japanese car-maker Toyota to invest £240m in UK

LONDON: Japanese carmaker Toyota is to invest almost a quarter of a billion pounds in its UK operations. Toyota says it will invest £240m to upgrade the Burnaston plant near Derby to enable production of vehicles using its new global manufacturing system. The carmaker says the investment will improve the ...

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