Business / Corporate Aug 6, 2020
Toyota Motor Corp. has launched the Corolla Cross SUV in Vietnam, its first hybrid vehicle to be sold in the Southeast Asian country. Toyota Motor Vietnam Co., the automaker's local manufacturing and sales unit, said Wednesday it will import the latest SUV model from Thailand, ...
Business / Corporate Jun 8, 2020
Toyota Motor Corp. on Monday started selling its first plug-in hybrid SUV in Japan as it looks to commit more to the electric vehicle market. The new RAV4, loaded with a newly developed high-powered motor that provides a longer range and better acceleration than its ...
Business Mar 3, 2020
Tesla barely registers in Japan, the world's third-largest auto market
by Chester Dawson
For all of Elon Musk’s domination of the burgeoning electric vehicle business, Tesla Inc. is struggling to get traction in Japan, a market he put on a pedestal early in the automaker’s early days. The day after taking the electric carmaker public in June 2010, ...
Business Feb 6, 2020
U.K. carmakers press Boris Johnson to fund pledge to end gasoline era by 2035
Automakers in the U.K. are pressing for government funding to meet a new goal of killing off combustion cars by 2035, even as demand for electric models is surging. The U.K. will ban the sale of new gasoline, diesel and hybrid cars from 2035, five ...
Business / Corporate Dec 11, 2019
Japanese hybrids beating slump in China's car market
by Tian Ying
China's once-in-a-generation car slump is hobbling carmakers around the globe that placed their bets on what is the world's biggest auto market. But one group is weathering the slowdown unscathed: Japanese automakers. Iconic car companies like Toyota Motor Corp. and Honda Motor Co. are increasing ...
Business Dec 6, 2019
Toyota Motor Corp. has a problem with selling its hybrids — its customers can't get enough of them. "The only thing holding us back on hybrids is capacity," Bob Carter, Toyota's North American executive vice president for sales, told reporters Thursday at an event in ...
Business | Tokyo Motor Show 2019 Oct 23, 2019
This year at Tokyo Motor Show 2019, Mitsubishi Motors Corp. is rolling out its latest and greatest inventions — the MI-Tech Concept compact plug-in hybrid electric SUV and the Super Height K-Wagon Concept light motor vehicle. Debuting for the first time anywhere in the world, ...
Business / Corporate Sep 12, 2019
Toyota tests solar-powered Prius in quest for plug-free electric car
Inspired by new ultrathin 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 operate without needing to be plugged in. In the government-funded demonstration project, Toyota engineers fitted solar panels ...
Business / Corporate Sep 3, 2019
Toyota shifts battery-recycling operation for hybrids to Thailand
Toyota Motor Corp. has started recycling hybrid-vehicle batteries in Thailand, aiming to establish a sustainable process for the power source behind eco-friendly cars and cut costs. The carmaker said at Friday's launch event it is reusing nickel-metal hydride batteries by utilizing some of them as ...
Business / Corporate Aug 6, 2019
Betting on the future of mobility, Toyota pours billions into variety of deals and partnerships
by Ma Jie
Everywhere you turn in the transportation industry these days, Toyota Motor Corp. already seems to be there. From batteries and self-driving vehicles to lunar rovers and ride-hailing companies, the world's second-biggest automaker is on an investment spree, pouring more than ¥300 billion into deals and ...