Toyota

    • Toyota, Panasonic team up to make EV batteries

      Toyota, Panasonic team up to make EV batteries

      Panasonic, Tesla’s battery cell partner, has reportedly agreed to set up a joint-venture company with Toyota to manufacture electric car-batteries and eventually solid-state batteries, too. According to a report from Japan’s Nikkei, In the EV battery cell venture Toyota would hold a controlling 51 percent stake, while Panasonic would transition five of its car battery production plants in China and Japan to the new spinoff company. More details deal are expected to be unveiled "as soon as this week" by the Japanese manufacturers.

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    • Toyota recalls another 2m vehichles due to Takata airbags

      Toyota recalls another 2m vehichles due to Takata airbags

      In the ongoing saga of the Takata airbag scandal, which caused one of the largest recalls in United States history, Toyota is recalling once again millions of vehicles worldwide for issues with air bag inflators. More precisely, in this latest recall, Toyota is recalling 1.7m vehicles globally including cars from model years 2010 through 2015.

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    • Toyota, SoftBank to develop self-driving car services

      Toyota, SoftBank to develop self-driving car services

      Japanese automaker Toyota and tech giant SoftBank announced Thursday that they are forming a joint venture by April 2019 that will use data to optimize supply and demand in the transportation space. SoftBank has already invested in Uber  and a range of other ride-hailing startups like Didi in China and Grab in Southeast Asia, but this initiative with Toyota is not related to those deals. Instead, it is designed to combine SoftBank’s focus on Internet-of-Things technology and Toyota’s connected vehicle services platform to enable new types of services that run on autonomous vehicle tech.

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