TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.
Author: Yuri Kageyama
LG-Honda Joint Venture to Make EV Batteries
TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.
Toyota’s Crown Car to Debut in US
TOKYO — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.
Toyota Recalls Electric Car for Wheel That May Detach
TOKYO — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.
Toyota’s Quarterly Profit Down on COVID Parts Crunch
TOKYO — Toyota’s profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings.
US Drone Company Zipline Starts Delivering Medicine in Japan
TOKYO — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.
Smart Robots Do All the Work at Nissan’s ‘Intelligent’ Plant
KAMINO KAWA, Japan — Nissan’s “intelligent factory” hardly has any human workers. The robots do the work, including welding and mounting. They do the paint jobs and inspect their own paint jobs.
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.
Japan’s Toyota, Isuzu, Hino Join in Truck Technology Tie Up
Toyota, Isuzu and Hino are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies, the three Japanese automakers said March 24.
Japan Charges Two Americans With Helping Ghosn Escape
TOKYO — Japanese prosecutors charged two Americans, Michael Taylor and his son Peter, March 22 in the escape of former Nissan Chairman Carlos Ghosn to Lebanon, while he was out on bail.