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First driving behavior-based telematics automobile insurance developed for Toyota connected cars in Japan

Green Car Congress

Toyota Motor Corporation and the MS&AD Insurance Group’s Aioi Nissay Dowa Insurance Co., The plan is available to owners of certain units of Toyota connected cars, and uses driving data gathered via telematics technologies to adjust insurance premiums based on the level of safe driving every month.

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Mitsubishi Electric introduces new power module for hybrid and electric vehicles

Green Car Congress

Mitsubishi Electric Corporation has introduced a new transfer molded power module (T-PM) mainly designed for hybrid and electric vehicle applications. Sales will begin 8 April 2011. Power chips were previously connected to terminals by aluminum wire.

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Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing – ET Auto

Baua Electric

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. Its group global vehicle sales for 2023 were a record 11.22 million vehicles.

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Ford expanding global electrified vehicle battery R&D

Green Car Congress

Ford electrified vehicle sales in the US. Ford began selling hybrid vehicles in the US in the fourth quarter of 2004 with the introduction of the Escape Hybrid. Ford began sales of its battery-electric Focus Electric in December 2011; since introduction, that model has sold 5,881 units.

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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

The engine has two crossover passages that connect the two cylinders, which separate the four strokes of the pistons. The company’s private placement memoranda informed investors that Scuderi Group intended to use the proceeds from its offerings for “general corporate purposes, including working capital.”

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Two new Wärtsilä JVs with CSSC: 2-stroke engine business and medium-speed diesel and dual-fuel engines

Green Car Congress

Wärtsilä and China State Shipbuilding Corporation (CSSC)—one of the largest shipbuilders in the world—will form two new joint ventures. Wärtsilä and China State Shipbuilding Corporation (CSSC) also signed an agreement to establish a joint venture for manufacturing medium- and large-bore medium speed diesel and dual-fuel engines.

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Toyota to pay $180M penalty for Clean Air Act reporting violations

Green Car Congress

The United States has filed and simultaneously settled a civil lawsuit against Toyota Motor Corporation, Toyota Motor North America Inc., The United States has filed and simultaneously settled a civil lawsuit against Toyota Motor Corporation, Toyota Motor North America Inc., Toyota’s Conduct from Approximately 2005 to 2015.

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