Toyota abandons electric vehicle tie-up with Tesla

Business / Corporate 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 it ...

Business Nov 21, 2013

Ghosn joins hydrogen car skeptics

Nissan Motor Co. Chief Executive Officer Carlos Ghosn says consumers won't take to fuel-cell vehicles before the decade's end, joining Tesla Motors Inc.'s Elon Musk in questioning the future of hydrogen-powered cars. Such vehicles only have a few locations to refuel and the required infrastructure ...