Toyota: Investment in e-Mobility Power
Toyota City, Japan, Apr 5, 2021 - (JCN Newswire) - e-Mobility Power, Inc. (e-Mobility Power), the equity holders of which are Tokyo Electric Power Company Holdings, Inc. (TEPCO HD) and Chubu Electric Power Co., Inc. (Chubu Electric), entered into an absorption-type corporate division agreement with Nippon Charge Service, LLC(1) (NCS) on February 5, 2021 under which e-Mobility Power assumed the electrified vehicle(2) charging service business and charging network business operated by NCS effective April 1.
Seven companies comprising TEPCO HD, Chubu Electric, four automakers Toyota Motor Corporation, Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation and the Development Bank of Japan Inc. today subscribed to a total of 15 billion yen of e-Mobility Power shares through a third-party allotment of new shares with TEPCO HD and Chubu Electric increasing their stakes, and the four automakers and the Development Bank of Ja
Toyota Launches C+pod Ultra-Compact Battery Electric Vehicle in Japan
An environmentally-friendly two-seater BEV that expands the freedom of movement
Toyota City, Japan, Dec 25, 2020 - (JCN Newswire) - Toyota Motor Corporation (Toyota) has announced a limited launch of the C+pod ultra-compact battery electric vehicle (BEV), from December 25, to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs. Toyota plans to further promote the establishment of systems for popularizing BEVs, including development of new business models, and to conduct a full-scale launch including to individual customers by 2022. Today s launch will also demonstrate new services that can only be provided by BEVs.