Automotive
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles | Corporate | Global Newsroom
As announced by Toyota Motor Corporation (Toyota Motor) on March 5, 2024, Primearth EV Energy Co., Ltd. (PEVE) will become a wholly-owned subsidiary of Toyota Motor. Capitalizing on the technology fostered through our hybrid vehicle battery business to date, we plan to contribute to Toyota Motor’s multi-pathway strategy in the battery business and intend to…
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