Toyota to Build $1.3 Billion EV Battery Plant in North Carolina
Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, N.C., that will employ at least 1,750 people, government officials said Dec. 6.
Toyota December Production Outlook Shows Supply Woes Are Easing
Toyota Motor Corp. is targeting a level of output in December higher than what it’s seen in recent years, a sign that supply disruptions may be receding.
Toyota to Build $1.29 Billion US Battery Plant
DETROIT — Toyota plans to build a $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.
Toyota Banks on Mobility Technology for Future Growth
TOKYO — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.
Toyota Spends $13.7 Billion to Secure EV Battery Supplies
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.
Toyota to Assemble Fuel Cell Modules in US for Heavy-Duty Trucks
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, 2021Toyota Cuts Show Chip Shortage Ravages Even Best Supply Planners
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.
Toyota Defies Chip Shortage to Post Record Output, Sales
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.
Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push
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.
Toyota Tech Arm Plans Self-Driving Acquisition Spree
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.