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Toyota develops fuel cell system to cut carbon footprint
Toyota has developed a packaged fuel cell system module as the industry’s shift towards electric vehicles
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China’s Huawei plans to make electric vehicles
Huawei is in talks with state-owned Changan Automobile to use its car plants to make its electric vehicles
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Toyota-Panasonic venture to build lithium-ion batteries for hybrids in Japan
Toyota, Japan’s biggest carmaker, last month said it expects annual sales of EV vehicles to reach 5.5 million in 2025
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Tesla mocks shortsellers with sale of red satin shorts
Tesla surpassed Toyota as world’s most valuable automaker with stunning forecast-beating deliveries
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Indus Motor raises prices up to Rs500,000
Hike in Toyota Yaris, Corolla and IMV variants comes on back of rupee depreciation
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Toyota says Japan plants may be affected by virus-related supply issues
Also aims to cancel all non-essential travel for employees in Japan
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Indus Motor’s profit dives 71% to Rs986m
Company says sales fell mainly due to higher customs duty, levy of excise duty
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Toyota shifts Tacoma pickup assembly from US to Mexico
Says no US jobs will be affected by the move
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China fines Toyota $12.5m over Lexus price fixing
Decision comes as China steps up regulation over auto sales in the country
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Toyota to use advanced self-driving tech in commercial vehicles first
Toyota is set to release its first so-called ‘Level 2’ autonomous car