Ford, Toyota Are at Odds With Their Suppliers Over EV Tax Credit

Breadcrumb Trail Links PMN Business As automakers call on the US government to rethink a plan to limit tax credits for electric vehicles, they’re facing opposition from an unexpected source: their own suppliers. Author of the article: Bloomberg News Keith Laing, Joe Deaux and Gabrielle Coppola Publishing date: Nov 04, 2022  •  15 minutes ago  •  … Read more

Toyota About to Make a Big Change to Challenge Tesla

Toyota  (TM) seems set to do an about-face.  In the face of the industrywide race toward electric vehicles, the Japanese automaker has boasted of its unique strategy. For Toyota, the world’s second largest automotive group based on market value behind Tesla  (TSLA) , a strategy combining gasoline vehicles and less-polluting ones is the recipe.  Instead … Read more

Toyota finally found a way to keep wheels from falling off its electric SUV

CNN  —  Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs and have them transported to dealers because of a scary problem: the wheels could fall off after driving even just a few miles. Now, more than three months later, Toyota has announced that it has … Read more

Toyota investing $5.6 billion to build EV batteries, despite its own doubts

Toyota’s statement on the new battery plant investment suggested it is still looking at ways to meet tougher emission rules without depending solely on battery-powered EVs. “Toyota believes that there is more than one option for achieving carbon neutrality. It also believes that the means of reducing CO2 emissions as much as possible and as … Read more

Toyota enters playoffs with Busch brothers still in limbo

By Bob PockrassFOX Sports NASCAR Writer DAYTONA BEACH, Fla. — As he addressed members of the media during a rain delay Sunday at Daytona International Speedway, Toyota Racing Development’s David Wilson made sure to mention that Toyota is the only manufacturer to have a driver make the final round of the playoffs every year since … Read more

David Wilson: Toyota had no role in Kurt Busch’s decision to withdraw from the playoffs.

Toyota Racing Development President David Wilson said Toyota had no role in Kurt Busch’s decision to withdraw from the playoffs. He also said that he has confidence NASCAR would evaluate data from Busch’s crash to determine whether any changes to the cars are necessary. 7 MINUTES AGO・NASCAR・2:40 Source link

Toyota reverses opposition to California auto emission standards (NYSE:TM)

dogayusufdokdok/iStock Unreleased via Getty Images Toyota (NYSE:TM) said on Tuesday it agreed to recognize California’s authority to set vehicle emissions standards, a reversal for the automaker that joined several peers in a 2019 lawsuit seeking to stop the state from setting higher emissions standards than the federal government. The lawsuit came after the Trump administration … Read more