It displayed in-development 1.5 litre and 2.0 litre engines with significantly reduced volume and height versus current engines
As global demand for battery-powered EVs has slowed, Toyota has cashed in by selling more hybrids, which come with relatively higher margins than regular gasoline cars
Sales in China - the world's biggest auto market - tumbled 36%. This year the week-long Lunar New Year holiday took place in February while last year it occurred in January
Solid-state batteries promise to dramatically improve the driving range of electric vehicles (EVs)
Last year, Toyota and oil refiner Idemitsu Kosan said they would tie up to develop and mass produce all-solid-state batteries, which they aim to commercialise in 2027 and 2028
NACS stands for North American Charging Standard (NACS) which was previously known as a Tesla charging connector. It has been developed by Tesla Inc
Toyota plans to make an all solid-state battery as part of its ambitious plans for battery electric vehicles, the company said Tuesday, amid mounting criticism Japan's top automaker needs to do more to fight climate change. Toyota Motor Corp. aims for a commercial solid-state battery as soon as 2027. Charging time, one of the main drawbacks of electric vehicles, will get shortened to 10 minutes or less, the company said in a statement. With the evolution of the vehicle's operating system, the next-generation battery EV will also enable customization of the driving feel,' with a focus on acceleration, turning and stopping, it said. EV owners usually have charging stations in their homes and keep their cars plugged in overnight to recharge. That's one of the main reasons Toyota has long insisted that hybrids are a better solution. A hybrid recharges as the car runs. Toyota President Koji Sato has said the company must play catchup after falling behind in the EV sector. The automaker
MG entered the Indian market in September 2017 by taking charge of General Motors' old plant in Halol. The plant has acted as MG's manufacturing hub for the last four to five years
Toyota said it will release 10 new EV models by 2026 and sell 1.5 million battery electric vehicles annually
The world's biggest automaker by sales said last week its global production rebounded by 30% in the quarter that ended in September
Japanese carmakers taking the hybrid route for cleaner mobility in India
Union Minister Nitin Gadkari on Wednesday launched green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai
The two firms are looking to introduce the BEV at an early stage, Toyota said without disclosing a time frame
Toyota V-C said they are suggesting the Government to encourage hybrid cars so that it need not create any additional infrastructure for charging of vehicles
The company believes that hybrid vehicles could help the country in transitioning to full electric vehicles
However, this technology is still unproven on passenger cars, and manufacturers will need to convince that they are safe