Business

Joby Aviation Receives $500 Million from Toyota for 2025 Commercial Air Taxi Launch

Toyota is making a significant additional investment of $500 million into Joby Aviation, a startup focused on developing air taxis. This new funding will support Joby’s efforts in gaining certification and ramping up commercial production of its electric vertical takeoff and landing (eVTOL) aircraft. Toyota’s total investment in the California-based company now reaches $894 million,…

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Business

Toyota Announces Solid-State Battery Production Starting in 2026

Toyota will be one of the first automakers to launch passenger cars with solid-state batteries. This would be a breakthrough that would significantly improve the performance of electric vehicles. Japan’s Ministry of Economy, Trade and Industry confirmed Toyota’s plans to start producing solid-state batteries by 2026. Mass production is expected to begin around 2030. Delivering…

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Toyota’s New EV with Advanced Self-Driving System: Coming to China in 2025

Toyota Motor Corp. (7203.T), opens a new tab, plans to launch its first electric car model with an advanced autonomous driving system similar to that of Tesla (TSLA.O) in the Chinese market next year, one of the company’s Chinese officials joint ventures said. Its joint venture with state-run Guangzhou Automobile Group (601238.SS), opens a new…

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The sales of Toyota vehicles set a new global record as the company apologizes for scandals

Tuesday, as the Japanese automaker revealed record-breaking 11.2 million car sales across all of its brands last year, its chairman expressed his “ashamed” feelings over the current problems involving its subsidiaries. Thanks to a rebound in demand and reducing chip shortages, Toyota has maintained its position as the best-selling carmaker globally for four years running…

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Toyota discloses new 2022 Tundra pickup with bolder look and new hybrid engine

Toyota Motor on Sunday revealed its new 2022 Tundra pickup with a bolder look, new technologies and more power. However, what might astound many truck owners is the extra force won’t be from a V-8 engine. Rather than only contribution the pickup with a V-8 engine, the Japanese automaker will offer two versions of a…

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Sources : To show he has an arrangement Clock’s ticking for Nissan manager Uchida

Nissan’s new CEO Makoto Uchida doesn’t have the opportunity to work his way into the activity. He is viably on post trial supervision and has merely months to show he can restore the weak automaker, as per three individuals acquainted with the thinking about some on the organization’s board. The crucial: new manager must demonstrate…

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