Business, Technology, Fuel

LG-Honda Joint Venture to Make EV Batteries

TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.

Yuri Kageyama | Associated Press
August 29, 2022
Business, Technology, Equipment

Toyota’s Crown Car to Debut in US

TOKYO — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.

Yuri Kageyama | Associated Press
July 15, 2022
Government, Business, Technology, Safety

Toyota Recalls Electric Car for Wheel That May Detach

TOKYO — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.

Yuri Kageyama | Associated Press
June 24, 2022
Business, Equipment

Toyota’s Quarterly Profit Down on COVID Parts Crunch

TOKYO — Toyota’s profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings.

Yuri Kageyama | Associated Press
May 11, 2022
Business, Technology, Autonomous

US Drone Company Zipline Starts Delivering Medicine in Japan

TOKYO — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.

Yuri Kageyama | Associated Press
April 21, 2022
Business, Technology, Fuel, Autonomous

Honda, Sony Join Forces on New Electric Vehicle

Sony Group Corp. and Honda Motor Co. agreed to establish a joint venture this year to start selling an electric vehicle by 2025, both sides said March 4.

Yuri Kageyama | Associated Press
March 4, 2022
Business, Technology

Toyota’s Auto Sales Sag on Chips Crunch

TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.

Yuri Kageyama | Associated Press
February 9, 2022
Business, Technology, Equipment

Toshiba to Split, Sell Stake in Carrier

TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).

Yuri Kageyama | Associated Press
February 7, 2022
Business, Technology, Fuel

Renault, Nissan to Invest $26 Billion in Future EVs

The French-Japanese auto alliance of Renault and Nissan plans to invest $26 billion in electric vehicle technology over the next five years, the companies said Jan. 27.

Yuri Kageyama | Associated Press
January 27, 2022
Business, Technology, Fuel

Toyota to Offer 30 New EVs by 2030

TOKYO — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, company president Akio Toyoda said Dec. 14.

Yuri Kageyama | Associated Press
December 14, 2021