Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda last week simply stated what he would like his legacy to b...
Tag: Toyota
Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following...
Toyota Softens Toward Critics of Its EV Push
Sept. 25, 2022 5:33 am ET Listen to article (2 minutes) Toyota Motor 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 ...
Should you buy Toyota Motors shares after dropping 25% YTD?
Toyota Motor Corporation (NYSE: TM) shares have weakened 25% since the beginning of the 2022 year, and the current price stands at $139. Toyota continues to face supply-chain issues, and the company r...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
Toyota says it will invest extra $2.5 billion in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images ...
California Approves Ban On Gas-Powered Cars By 2035
Topline The California Air Resources Board approved a highly anticipated measure Thursday that will ban the sale of new gasoline-only cars in the nation’s most populous state by 2035, marking whatR...
Top 100 Public Company Crypto Involvement
August 24, 2022, 9:55AM EDT • 2 min read Quick Take 28 out of the top 100 publicly traded firms ranked by Forbes have at least one crypto/blockchain investment since 2021 SoftBank and Samsung have the...
Toyota Exec Says Lack Of Consumer Demand Makes U.S. Goal Of 50% Electric Vehicles By 2030 A Long Shot
The Toyota bZ4X represents the first of a global series of Battery Electric Vehicles to be … [+] introduced under the global “Toyota bZ” brand umbrella. Photo: Toyota It’s unlikely mass adoption...
What Color Is Your Hydrogen? Not All Hydrogen Is Clean.
Green hydrogen is made by using clean electricity from renewable energy technologies to electrolyse … [+] water (H2O), separating the hydrogen atom within it from its molecular twin oxygen. gett...
Electric Vehicles Or Hydrogen Fuel Cell Cars? The Inflation Reduction Act Will Fuel Both
WASHINGTON, DC – APRIL 22: Electric vehicles are displayed before a news conference with White House … [+] Climate Adviser Gina McCarthy and U.S. Secretary of Transportation Pete Buttigieg...
Tesla, EV Makers Stand to Get Billions for Factories From Senate Bill
The Senate climate bill passed over the weekend offers billions of dollars for electric-vehicle and battery factories, and includes rules that the auto industry says will make it tougher for some cons...
Electric Vehicle Tax Credits Likely To Get New Life And A Manchin Makeover
Sen. Joe Manchin talks with the media after a hearing on hydrogen pipelines CQ-Roll Call, Inc via Getty Images In a major win for automakers and future electric vehicle buyers, tax credits for the pur...
Toyota plans to develop light duty hydrogen fuel-cell trucks
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztia...
Toyota Reaches Tax Credit Phaseout, GM Refunds Bolt Price Cuts To Current Owners
Toyota’s bZ4X electric vehicle is coming for 2023; unfortunately it won’t be eligible for the full … [+] federal tax credit granted to EV buyers. © 2022 Bloomberg Finance LP Though t...
Toyota Loses Big Advantage to Tesla and GM
Toyota (TM) – Get Toyota Motor Corporation Report is on one knee. The Japanese automaker has enjoyed a big advantage for a long time, enabling it to seduce consumers interested in less polluti...
Toyota used up all its EV tax credits on hybrids
Toyota has reached the 200,000-unit cap on electric and plug-in-hybrid vehicles that are eligible for a federal tax credit of $7,500. While the Japanese automaker does have exactly one electric vehicl...
Toyota joins Tesla and GM in phaseout of federal electric vehicle tax credits
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phaseout ...
Hydrogen Cars Might Be Dead Already Despite This Fuel Cell Hypercar
It was a momentous announcement over the last few months – Toyota’s first all-electric car, the bZ4X, was launched in the UK, having arrived in the USA in April and Japan in May. After the Japanese co...
Toyota Stock Falls After It Cuts Production Again. Bad News for Car Prices.
Text size Toyota reduced its output forecast, citing parts shortages. Above, a dealership in Houston. Brandon Bell/Getty Images Toyota Motor updated its production plans, unveiling more cuts. Wednesda...
Toyota Partners With Tesla Cofounder’s Redwood Materials To Recycle Prius, EV Batteries
Redwood Materials cofounder and CEO JB Straubel speaks during the 2022 CERAWeek conference in Houston on March 10, 2022. Aaron M. Sprecher/Bloomberg Redwood Materials, a battery recycler created by Te...
Tesla Needs Batteries. This Buffett-Backed EV Maker to Supply Them ‘Very Soon.’
Text size BYD launched its Blade battery in 2020. Qilai Shen/Bloomberg BYD shares rose on Wednesday after the Chinese electric vehicle maker said it was preparing to supply batteries to Tesla. “We are...
2023 Lexus RX Adds Turbos, Electrical Power
2023 Lexus RX350 Lexus As the Lexus RX approaches its 25th anniversary, Toyota’s premium brand is giving the original luxury crossover a complete makeover with a full new set of powertrain options. Fo...
Toyota Is Cutting Car Production Again. It’s Bad News for Inflation.
Text size A scene from a Toyoya production line in India. Dhiraj Singh/Bloomberg Global car production has been hampered for months because of a plethora of supply-chain and logistics issues. Investor...
Toyota Revs Up Race With Tesla
Toyota TM 0.29% finally has a product to compete with Tesla. Despite an awkward name and mixed reviews, the bZ4X could be the most consequential electric vehicle launched this year. Toyota’s first pur...
Toyota ramps up efforts to look at potential of hydrogen vehicles
One of Toyota’s Sora busess photographed in Japan on Nov. 5, 2021. Toyota started working on the development of fuel-cell vehicles back in 1992. Korekore | Istock Editorial | Getty Images Toyota...
Toyota warns raw materials costs could cut profits by 20%
Toyota 2023 Sequoia on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that “unprecedented” increases in materials and logis...
Toyota Puts Invisible AI Eyes In North American Factories
Toyota Indiana assembly plant in Princeton, Ind. will be the first installation of the Invisible AI … [+] system to boost quality, safety and productivity. Toyota Motors North America Toyota Mot...