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NEWS TAGGED TOYOTA
Monday 29 January 2024
Toyota to move EV battery assembly in house to reduce transportation cost
The current issue of battery electric vehicles (BEVs) having higher costs than equivalent gasoline or diesel vehicles is not only due to the construction costs of battery materials...
Friday 19 January 2024
Status of EV solid-state battery market

Introduction

Monday 8 January 2024
After earthquake: Toshiba to restart some power semiconductor production lines; Toyota utilizes stocks from other regions
After the earthquake in Ishikawa Prefecture, Japan, local manufacturers are working to resume operations as quickly as possible. Part of the production lines of Toshiba's power semiconductor...
Tuesday 2 January 2024
Japanese carmakers see battery EV sales increase while far below targets
The battery EV sales of Japan-based automakers grew in 2023, but the growth rate did not meet their expectations. These companies have been developing all-solid-state batteries to...
Thursday 28 December 2023
Japanese companies establish automotive advanced SoC R&D centers for self-driving chips
Toyota has initiated a new organization focusing on the R&D of car semiconductors. Members will likely include multiple Japan-based leading automakers and semiconductor companies...
Friday 22 December 2023
Suppliers say delivery time and emission reduction goals pressure carmakers to misbehave
A recent third-party panel investigation revealed more misconduct at Daihatsu Motor, affecting Toyota, Mazda, and Subaru vehicle models. Hotai Motor, Toyota's exclusive distributor...
Thursday 21 December 2023
Japanese carmakers likely to grow Chinese market share in 2H24
Hiroca Holdings, a Taiwan-headquartered automotive interior parts supplier, used to supply a large portion of its products made in China to Japanese carmakers. With the automotive...
Wednesday 20 December 2023
Toyota vows reform after affiliate caught in safety scandal
Toyota Motor Corp. pledged "fundamental reform" after subsidiary Daihatsu Motor Co. was forced to suspend all shipments — and now faces a government raid of its offices —...
Wednesday 20 December 2023
China-based Neta, LK Technology to develop 20,000+ ton die-casting machine
Carmakers have been pursuing more advanced production methods as automotive electrification continues. Chinese EV brand Neta announced that it will start developing a die-casting...
Wednesday 29 November 2023
Toyota and affiliates to sell 10% Denso stakes as the carmaker ramps up EVs
Toyota Motor and its two affiliates, Toyota Industries and Aisin plan to sell 10% of their stakes in Denso, the world's second-largest tier-1 automotive supplier. The move likely...
Friday 17 November 2023
Toyota to source battery metals from Redwood Materials
Toyota is expected to use battery materials recycled from its hybrid EVs to produce new batteries in the US. The automaker plans to source cathode active materials and anode copper...
Wednesday 8 November 2023
Toyota-FAW JV will extend production cut to February 2024
Intense rivalry in China's automotive market has forced more carmakers to adjust their strategies. The joint venture between Toyota and Chinese FAW Group recently informed its dealers...
Thursday 2 November 2023
Toyota sees profit jump in 2QFY24, raising full-year forecast
Toyota enjoyed a 155.6% year-over-year growth in operating income in the second quarter of fiscal year 2024, thanks to a weak Japanese yen and price hikes. With the improved financial...
Wednesday 1 November 2023
Toyota injects another US$8 billion into North Carolina battery plant
Toyota has made further commitments to EV battery production in the US. The automaker announced on October 31 that it will invest an additional US$8 billion into its battery plant...
Monday 30 October 2023
Toyota global sales, output hit record 5.6 million vehicles
Toyota Motor Corp.'s global sales climbed 8.3% in April to September from a year earlier to a record 5,596,183 vehicles, putting the world's biggest carmaker on track...