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Wednesday 8 January 2025
Nvidia to supply Toyota with AI chips to accelerate autonomous vehicle development
At CES 2025, Nvidia announced that it will supply Toyota with the latest semiconductor technologies for autonomous driving systems for its next-generation vehicles. Toyota plans to...
Wednesday 8 January 2025
CES 2025: Toyota and Nvidia forge AI alliance for autonomous future
Nvidia CEO Jensen Huang delivered the opening keynote at CES 2025, announcing a groundbreaking collaboration with Toyota to develop the next generation of autonomous vehicles. Under...
Tuesday 7 January 2025
Toyota's US$1 million Trump inauguration pledge signals Mexico production concerns
Toyota has announced a US$1 million donation toward the upcoming US presidential inauguration, joining American automakers Ford and General Motors in similar commitments. This strategic...
Thursday 26 December 2024
Honda-Nissan deal may be key in fight against China's BYD
Honda Motor Co. absorbing Nissan Motor Co. could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released Wednesday show.
Wednesday 25 December 2024
Toyota reportedly eyes wholly-owned EV factory in China
Toyota Motor reportedly plans to set up a new plant in Shanghai, China, to produce EVs for its luxury Lexus brand. This would mark the first fully-owned manufacturing facility by...
Wednesday 25 December 2024
Japanese automakers explore different growth methods; Toyota invests in EV plant, Honda and Nissan team up
Japanese automakers are perceived as antiquated and slow to innovate, especially when compared with the rapid growth of Chinese new energy vehicles (NEV) brands. However, major Japanese...
Thursday 19 December 2024
Chinese aggressive EVs push unleash historic crisis for German, Japanese auto giants
Germany and Japan have built powerful automotive manufacturing industries over decades, establishing global dominance with brands like Toyota, BMW, Mercedes-Benz, Volkswagen, Nissan,...
Wednesday 18 December 2024
Honda and Nissan in talks for potential merger amid heated EV competition
In a strategic move to consolidate resources against mounting competition in the electric vehicle market, Honda and Nissan have begun discussions about a possible merger, which would...
Wednesday 18 December 2024
Chinese hybrids evade EV tariffs, gain ground in EU
Chinese automakers, led by BYD, are leveraging hybrid electric vehicles (HEVs) to strengthen their foothold in the European market, where the European Union's (EU) increased tariffs...
Thursday 5 December 2024
India reportedly to expand incentive to attract EV manufacturers
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
Friday 29 November 2024
Hotai Motor raises Taiwan vehicle market forecast to 460,000 units for 2024
Hotai Motor, Taiwan's automotive leader, projected Taiwan's vehicle market will reach 460,000 units in 2024, up from a prior estimate of 450,000 units, citing steady domestic demand...
Thursday 7 November 2024
Toyota suppliers cut fiscal guidance amid sluggish sales and production cuts
Toyota's major automotive component suppliers have revised their financial guidance downward for the fiscal year ending in March, according to their latest financial results.
Tuesday 5 November 2024
Toyota, Hyundai chiefs signal potential alliance in racing event, fueling EV cooperation speculation
Toyota Motor Chairman Akio Toyoda and Hyundai Motor Group Chairman Euisun Chung's historic first public meeting in South Korea has sparked speculation about potential collaboration...
Friday 1 November 2024
Suzuki to supply made-in-India electric SUV to Toyota by early 2025
Toyota Motor and Suzuki Motor have partnered to launch a new battery electric SUV in spring 2025. The vehicle, to be produced in India, will feature a 60-kilowatt-hour battery and...
Tuesday 29 October 2024
Automotive JVs struggle amid rising competition in China
Automotive joint ventures (JV), which had dominated China's automotive sector for four decades, have encountered heightened competition from Chinese new energy vehicle (NEV) firms.