Business, Technology, Equipment, Fuel

Toyota’s CEO Says EV Adoption Will Take Longer Than Expected

Akio Toyoda, president of Toyota Motor Corp., speaks during an event at the Tokyo Motor Show in Tokyo, Japan Akio Toyoda, president of Toyota Motor Corp., speaks during an event at the Tokyo Motor Show in Tokyo, Japan. (Akio Kon/Bloomberg News)

Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.

Keith Naughton | Bloomberg News
September 29, 2022
Business, Technology, Equipment, Fuel

Class 8s With Fuel Cells Prove Mettle in Los Angeles-Area Test

Kenworth fuel cell-electric trucks Toyota-Kenworth fuel cell-electric trucks participated in the shore-to-store initiative, part of the ongoing Zero- and Near-Zero Emissions Freight Facilities project in the Los Angeles region. (Toyota Motor North America)

Toyota Motor North America and Kenworth Truck Co., a unit of Paccar Inc., announced Class 8 fuel cell-electric vehicles are a potential zero-emission replacement for diesel-powered trucks.

September 23, 2022
Business, Technology, Fuel

Toyota Invests in EV Battery Production in US, Japan

Toyota battery plant site Toyota Battery Manufacturing North Carolina in Liberty, N.C. (Toyota)

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

Yuri Kageyama | Associated Press
August 31, 2022
Government, Business, Fuel

Toyota Backs Down in Fight Against California Emission Rules

Toyota pickup trucks Toyota now says it “continues to share the vision” of greenhouse gas reduction and carbon neutrality goals with CARB and the state of California.(Waldo Swiegers/Bloomberg News)

Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration.

Keith Laing | Bloomberg News
August 23, 2022
Business, Technology, Equipment

Toyota’s Crown Car to Debut in US

Toyota Crown Toyota

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

Toyota bZ4X Toyota bZ4X by Toyota

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

Toyota sign A Toyota dealership in Lakewood, Colo. (David Zalubowski/Associated Press)

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

Aurora Unveils Autonomous Automotive Test Fleet

Toyota Sienna with Aurora Aurora

Aurora Innovation Inc. announced it unveiled its test fleet of its autonomous custom-designed Toyota Sienna vehicles featuring Toyota’s vehicle control interface and Sienna Autono-MaaS (S-AM) platform.

March 23, 2022
Business, Technology, Equipment

Toyota Reconsiders Production Plans as Disruptions Grow

Toyota logo Al Drago/Bloomberg News

Toyota Motor Corp. is reviewing its production plans as mounting global disruptions hinder the automaker’s attempts to boost output.

River Davis | Bloomberg News
March 9, 2022
Government, Business, Equipment

Toyota, Honda Join Growing Corporate Retreat From Russia

Toyota logo Eugene Hoshiko/Associated Press

Japan’s biggest carmakers joined the widening global corporate pullback from Russia, following the likes of Ford Motor Co. and Exxon Mobil Corp., which have chosen not to do business there after the invasion of Ukraine.

March 3, 2022