TOKYO - Toyota introduced a fuel cell electric vehicle (FCEV), the 2024 Toyota Mirai, which has an estimated range rating of 402 miles on the XLE grade. In essence, the Mirai is a “plug-less” electric vehicle. Instead of having to charge a battery in a BEV which can take several hours, the FCEV driver fills the tank
KENTUCKY - Toyota said on Tuesday it would invest $1.3 billion at its Kentucky facility for electrification efforts, including assembly of a new, three-row battery electric SUV for the U.S. market, Reuters reported. The project brings the plant's total investment to nearly $10 billion. The move comes at a time when legacy automakers such as
TOKYO - Toyota sold more cars in 2023 than ever before but electric vehicles had a minimal impact on the growth. Of the 11,233,039 vehicles delivered by the Japanese conglomerate, only 104,018 were EVs. Just 0.926 percent of the cars sold by Toyota, Lexus, and the other subsidiaries last year were battery EVs. With that in
TOKYO - Solid-state batteries are one of the hottest areas of research in the EV industry. Nearly every major company in the auto industry is attempting to make them a viable power source for electric cars. Their compactness and lightweight - especially compared to the lithium-ion batteries currently installed in practically every EV - make them too tantalizing to
TOKYO - Although Toyota expects record growth this fiscal year, it’s cutting its EV sales forecast by nearly 40%. In Toyota’s latest questionable strategy shift, the company will lean into hybrids to “avoid the price competition” in the EV market. Toyota released its Q2 2024 fiscal results Wednesday, showing growth across the board. Through the first half of
TOKYO - Although Toyota missed out on the initial EV boom, it seems to be charging forward with new electric and hybrid technologies in an attempt to find a more robust solution for zero-emissions transportation. Previously, we heard about the company's new technologies that would reduce battery production costs by 20% and increase range to upwards of
TOKYO - Toyota announced it is joining forces with the Japanese energy company Idemitsu Kosan Co., Ltd. to bring its goal of solid-state battery production to fruition. The companies will work on developing the solid electrolyte technology and creating the necessary supply chain and factories that will lead to commercialization and mass production by 2027-2028. This partnership
TOKYO - Toyota has filed a patent application for an engine that includes water injection valves to intake ports for the combustion chamber. CarBuzz discovered the patent at the United States Patent and Trademark Office. The patent explains that the water could either be injected as the intake valve is opening or as it's closing, meaning that
PLANO, Texas–LG Energy Solution and Toyota Motor North America Inc. today announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of
DETROIT - Shortly after revealing its high-tech next-generation electric vehicle production line in Japan, Toyota has now shared an ambitious plan to boost its EV output to lock horns with its surging American and European rivals. Toyota has informed its major suppliers of a new target of making 600,000 EVs in 2025, a three-fold increase from
