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Toyota joins 7 other companies in Rapidus venture to develop next-gen 2nm semiconductors in Japan

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Toyota Motor will join seven other leading Japanese companies—Sony Group, NEC, Toyota supplier Denso, NTT, chipmaker Kioxia Holdings, SoftBank and Mitsubishi UFJ Financial Grou—in working with the Japanese government in a new next-generation semiconductor venture named Rapidus. billion (US$52.2

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Toyota launches upgrading service in Japan

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Toyota Motor Corporation has started offering an upgrade service in Japan that allows customers to evolve their cars swiftly in line with technological innovation as part of the company’s efforts to enhance car value. The service is available for the Prius U Grade.

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ANA and Joby to establish eVTOL ridesharing service in Japan; Toyota joining for ground integration

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ANA Holdings and Joby Aviation are forming a partnership that will see Japan’s largest airline join with Joby to bring aerial ridesharing services to Japan. Toyota Motor Corporation (Toyota) also joined the partnership, with the intention of exploring opportunities such as ground-based transportation.

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Toyota to invest up to $5.6B in battery production in Japan and US

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Toyota Motor Corporation will invest up to approximately US$5.6 billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. PPES) and in Toyota plants and property. The company aims to begin battery production between 2024 and 2026.

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Suzuki, Daihatsu, and Toyota to unveil mini-commercial van EVs

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Suzuki Motor, Daihatsu Motor, and Toyota Motor will unveil prototype mini-commercial van electric vehicles (BEVs) equipped with a jointly developed BEV system. Daihatsu will produce the vehicles, and Suzuki, Daihatsu, and Toyota will each release their own version within fiscal 2023.

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Toyota launches all-new Aqua (Prius C) hybrid in Japan; bipolar nickel-hydrogen battery

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Toyota Motor Corporation launched its all-new Aqua. The first-generation Aqua—sold as the Prius C in the US—came to life at the Iwate Plant of Toyota Motor East Japan, Inc. Comfort Pedal The all-new Aqua is the first Toyota model to feature the Comfort Pedal. then, Kanto Auto Works, Ltd.)

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Daimler Truck and Toyota to partner on advanced technologies, merge Mitsubishi Fuso and Hino Motors

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Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota Motor Corporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.