Toyota abandons electric vehicle tie-up with Tesla

/ Jun 3, 2017

Toyota abandons electric vehicle tie-up with Tesla

Toyota Motor Corp. has terminated its business and capital partnership with Tesla Inc. by selling its stake in the U.S. electric car maker, sources said Saturday. Toyota’s decision suggests Japan’s largest automaker sees no need to team up with Tesla on EV development because ...

Toyota planning ¥100 billion bond issue to focus on R&D

/ May 18, 2017

Toyota planning ¥100 billion bond issue to focus on R&D

Toyota Motor Corp. is mulling issuing up to ¥100 billion ($900 million) in bonds with maturities of up to 20 years to invest in developing next-generation car technologies, sources close to the matter said Thursday. Toyota plans to spend around ¥1.05 trillion on research ...

/ May 15, 2017

Toyota-led group invests in development of flying car

Toyota Motor Corp. and 14 affiliates plan to spend ¥42.5 million over three years to support a flying car development team that includes young engineers from the leading automaker, according to informed sources. Currently, the group of young engineers from the automotive and aviation ...

/ Mar 31, 2017

Toyota lets AI loose on hunt for cheaper fuel cells

Toyota Motor Corp. is betting the keys to longer-range electric cars and cheaper fuel cells may lie in machines that act like humans. The carmaker’s Toyota Research Institute is pledging $35 million over the next four years toward putting artificial intelligence to work on ...

/ Mar 23, 2017

Toyota, NTT to cooperate on wireless technology for autonomous cars

Toyota Motor Corp. and Nippon Telegraph and Telephone Corp. will cooperate on high-speed communication technology for “connected cars,” sources said Thursday. Toyota and NTT will jointly study the use of next-generation 5G technology to enable autonomous cars to gather information on traffic conditions and ...

/ Mar 10, 2017

Toyota, Suzuki chiefs talk business with Modi

Toyota Motor Corp. President Akio Toyoda and Suzuki Motor Corp. Chairman Osamu Suzuki met Thursday with Indian Prime Minister Narendra Modi for talks on their business operations in that country, local media reported. After the meeting, the Indian prime minister’s office said in a ...