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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Despite being a pioneer in hybrid vehicles, Toyota was slow to implement BEV strategies; President Akio Toyoda announced the bZ EV brand only last year. Toyota plans to launch 30 models by 2030. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota announced US$70.4

Global 370
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Toyota to receive $853 million subsidy to expand local battery production

Teslarati

Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. Toyota has ambitious EV battery production plans for the future. Toyota plans to produce low-cost battery cells with 621 miles of cruising range before 2030.

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

The a hit ones, like Toyota and Hyundai, handiest slowly crept upper within the ranks and not posed an actual blackmail to Volkswagen’s dominance. Tesla’s good fortune Now, the {industry}’s paradigm shift to EVs is developing unheard of alternative for newbies. “But it’s not impossible.”

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Lux Research says GM, Daimler and Toyota lead automakers in emerging technology partnerships tackling megatrends

Green Car Congress

However, we find different OEMs have dramatically different approaches—their strategies today will change the shape of the auto industry in decades to come. Lux Research analysts examined the growing web of cross-cutting industry relationships. —Kevin See, Lux Research Analyst and the lead author.

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GM’s rosy year-end figures obscure the fact that legacy automakers are in deep trouble – Charged EVs

Baua Electric

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. GM edged out fellow brontosaurus Toyota to take the #1 spot in US sales, and also scored #1 in sales of SUVs and trucks.

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Australia introduces its first exhaust rule but makes all the mistakes the US did

Baua Electric

These include the Toyota LandCruiser, Ford Everest, Isuzu MUX, Nissan Patrol and Mitsubishi Pajero Sport – all mid- or full-size SUVs. As you might expect, Toyota was one of the main proponents of watering down the standards, in keeping with its general global stance of spreading misinformation about electrification.

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Tesla’s Elon Musk earns another Person of the Year Award

Teslarati

He did, after all, lead a small pure electric car maker into a force that triggered a historic shift in the world’s auto industry towards EVs. Person of the Year because he has triggered a historic shift in the world’s auto industry towards EVs” [link] — Patrick McGee (@PatrickMcGee_) December 15, 2021.