River Davis

Business, Technology, Fuel

Toyota Spends $13.7 Billion to Secure EV Battery Supplies

Toyota bZ4X The Toyota "Beyond Zero" bZ4X electric SUV at the Auto Shanghai 2021 show. (Qilai Shen/Bloomberg News)

Toyota Motor Corp. plans to spend $13.7 billion on the supply and development of batteries for hybrid and electric vehicles by 2030, joining other global automakers boosting investments in anticipation of greater demand.

River Davis | Bloomberg News
September 7, 2021
Business, Technology, Equipment

Toyota Defies Chip Shortage to Post Record Output, Sales

Toyota Toyota Motor Corp. vehicles bound for shipment at a port in Yokohama, Japan. (Toru Hanai/Bloomberg News)

Strong global demand for cars boosted Toyota Motor Corp.’s sales to a record for the month of June, with production seemingly unfazed by an industrywide shortage of semiconductors.

River Davis | Bloomberg News
July 29, 2021
Business, Technology, Equipment, Logistics, Autonomous

Forklift Driving Becomes Desk Job in Phantom-Mitsubishi Deal

A driver operates a forklift remotely. (Bloomberg News) A driver operates a forklift remotely. (Bloomberg News)

Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away.

River Davis | Bloomberg News
May 13, 2021
Business, Technology, Autonomous

Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’

A Toyota e-Palette concept vehicle. (Toru Hanai/Bloomberg News) A Toyota e-Palette concept vehicle. (Toru Hanai/Bloomberg News)

Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.

River Davis | Bloomberg News
December 22, 2020