The Japanese auto giant sold just over 3,900 fuel cell vehicles in 2022, less than half of 1% of its global sales of around 9.5 million vehicles
The Korean automaker has raised its EV sales target to 2 million by 2030, will develop next-gen batteries and sell two China plants
Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development
The automaker aims to launch next-gen lithium-ion batteries in 2026, state-of-the-art solid-state batteries a year later and introduce a "self-propelling" assembly line
The Japanese vehicle-maker is ramping up its investment in its new factory in North Carolina as it bids to join the EV elite
The Japanese auto giant’s top scientist said finite resources mean petrol-electric hybrids will be a more viable option in many countries
The leak stemmed from human error, after a cloud system was set to public instead of private, a Toyota Motor spokesperson said
The world’s leading auto maker by volume is behind the pace in the electric revolution and new CEO Koji Sato is desperate to catch up
The world’s biggest car maker by volume has been slow to join the EV revolution but has pledged to introduce 10 new battery-powered models
The world’s biggest-selling automaker hopes to catch up with its rivals with a host of new electric vehicles by 2026
Both carmakers gained from a plunge in the yen in October last year, even as a shortage of chips and soaring costs of raw materials squeezed global carmakers
For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume