Auto maker is seeking meetings with investors and environmental groups that have questioned its commitment to greener cars Toyota Motor Corp. TM -1.21%▼ wants to meet with critics who say it is behind rivals in the race for greener cars, nearly a year after the auto maker pledged to spend billions of dollars expanding its […]
Toyota, Honda and Nissan decarbonisation efforts lagging: Greenpeace study – EQ Mag Pro
TOKYO : Japanese automakers Toyota Motor Corp, Honda Motor Co and Nissan Motor CO ranked at the bottom of a new Greenpeace study on 10 automakers’ decarbonisation efforts, the environmental group said on Thursday. Greenpeace ranked Toyota last out of the top 10 automakers in sales volume – the same as last year – and […]
Toyota pledges up to $5.6 billion for EV battery production, ramps up investment in North Carolina plant – EQ Mag Pro
As well as diesel and gasoline vehicles, Toyota is known for its hybrid and hydrogen fuel cell offerings. The Japanese automotive giant’s move comes as major economies lay out plans to reduce the environmental footprint of road-based transportation. Just this month, the California Air Resources Board approved a rule that will require all new car […]
Toyota doubles down on its hybrid bet in India – EQ Mag Pro
Toyota is making the Hyryder at its under-used and revamped plant in Bidadi, which has an annual capacity of 200,000 cars. Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right. Renowned for its pioneering Prius, the […]
Toyota offers to buy back electric bZ4X SUVs due to risk of wheels coming off – EQ Mag Pro
A recall was announced in June and affects 258 units of the new model. It also involves several hundred Subaru Solterra EVs, but those have not yet reached customers. Toyota announced a recall for the bZ4X electric vehicle in June, acknowledging that wheels might detach from the car because of malfunctioning hub bolts and asking […]
Toyota to manufacture EV parts in India for domestic, export purposes – EQ Mag Pro
NEW DELHI : Toyota Motor Corp plans to make India a manufacturing hub for electric vehicle parts to meet demand there as well as for export to Japan and some ASEAN countries, a senior company executive told Reuters. The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle […]
Toyota to make electric vehicle parts in India for domestic, export markets – EQ Mag Pro
NEW DELHI : Toyota Motor Corp plans to make India a manufacturing hub for electric vehicle parts to meet demand there as well as for export to Japan and some ASEAN countries, a senior company executive told Reuters. The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle […]
Electric-vehicle tax credits are coming to an end for new Toyota buyers – EQ Mag Pro
Toyota is expecting to reach the 200,000-vehicle cap on the US EV Tax credits before June end. Toyota has reached the US electric vehicle tax credits cap by selling mostly plug-in gas-electric hybrid vehicles. As per Toyota’s head of North American sales, Bob Carter, once they reach the vehicle cap, the credits will be phased […]
Toyota gears up its first EV with safer, longer-lasting battery – EQ Mag Pro
BEVs have grown in popularity globally, but some consumers have been put off by EV battery-related fire risks and rapid degradation. Toyota Motor Corp, a late-comer to the battery electric vehicle (BEV) market, is weaving in all efforts to make sure its first mass-market model is safer and lasts longer than rivals’ products when it […]
Toyota, VW plotting to beat Tesla, pouring billions into electric cars – EQ Mag Pro
The epic fight over who controls the future of the car industry is about to get a whole lot more interesting. Tesla, the pioneer and pacesetter, has dominated the early rounds of the new-energy age, capturing investors’ imaginations with a vision for what the next generation of vehicles looks like and seizing the nascent market […]