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toyota
Business, Technology, Fuel

Toyota Spends $13.7 Billion to Secure EV Battery Supplies

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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 to Assemble Fuel Cell Modules in US for Heavy-Duty Trucks

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Toyota will begin assembling integrated dual fuel cell modules in the United States starting in 2023. They are intended for use in hydrogen-powered, heavy-duty commercial trucks.

August 27, 2021
Business, Technology, Equipment

Toyota Cuts Show Chip Shortage Ravages Even Best Supply Planners

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Toyota Motor Corp.’s efforts to stockpile enough chips and other key components to ride out supply disruptions only protected the company so long before it too succumbed to the shortages eviscerating automakers.

River Davis and Craig Trudell | Bloomberg News
August 19, 2021
Business, Technology, Equipment

Toyota Defies Chip Shortage to Post Record Output, Sales

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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, Autonomous

Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push

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Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.

Reed Stevenson | Bloomberg News
July 21, 2021
Business, Technology, Autonomous

Toyota Tech Arm Plans Self-Driving Acquisition Spree

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Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.

River Davis and Tsuyoshi Inajima | Bloomberg News
July 14, 2021
Business, Technology, Autonomous

Lyft to Sell Autonomous-Driving Unit to Toyota for $550 Million

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Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.

Lizette Chapman | Bloomberg News
April 26, 2021
Government, Business, Safety

NHTSA Probes Engine Fires in Nearly 1.9M Toyota RAV4 SUVs

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DETROIT — The U.S. government is investigating complaints of engine compartment fires in nearly 1.9 million Toyota RAV4 small SUVs.

Associated Press
March 1, 2021
Government, Business, Fuel, Autonomous

Toyota to Add Electric, Plug-in Hybrid Vehicles

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DETROIT — Toyota says it will roll out two new battery-electric vehicles and one plug-in gas-electric hybrid in the U.S. this year as the parade of new EVs continues.

Associated Press
February 10, 2021
Business, Technology, Autonomous

Aurora Partners With Toyota in Bid to Bring Autonomy to Masses

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Aurora Innovation Inc., a Silicon Valley-based autonomous-driving startup with at least a $10 billion valuation, has agreed to a long-term strategic partnership with Toyota Motor Corp. and its supplier Denso Corp. that aims to mass produce autonomous vehicles and launch them on ride-hailing networks, including Uber’s, over the next few years.

Dana Hull | Bloomberg News
February 9, 2021

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