Automotive
Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses | Corporate | Global Newsroom
SAN FRANCISCO AND TOKYO, June 17, 2021―Woven Capital, L.P. today announced that it has made an investment in Ridecell Inc., a leading platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity,…
Automotive
Toyota Develops New Fuel Cell System | Corporate | Global Newsroom
Toyota Motor Corporation (Toyota) announced today that it has developed a new fuel cell (FC) system, its third-generation fuel cell system (3rd Gen FC System), as part of its continued efforts toward the realization of a hydrogen society. Source
Automotive
NEWS|A Yardstick for the Mobility Transformation—Why Toyota Places Such Importance on ROE|TOYOTA TIMES
Return on equity (ROE) is an indicator for evaluating a company’s profitability and the efficiency of its management. Toyota’s recent results briefing featured a discussion of why the company has set its sights on 20%. Source
Automotive
Toyota reaches six million electrified vehicles sales in Europe
Six million electrified vehicle sales in Europe highlight the benefits of Toyota’s multi-path approach to the reduction of emissions. Source