Okayama Japan November 13, 2021; Bloomberg reported that Akio Toyoda, the president of the world’s biggest car manufacturing Toyota, spent the weekend swerving around a racetrack in western Japan in a Corolla. But it’s no ordinary version of the bestselling car.
Toyota will assemble an all-new, three-row, battery electric SUV at Toyota Kentucky starting in 2025. The company’s first U.S.-assembled BEV will be powered by batteries from Toyota North Carolina.
With a New CEO, Toyota at an EV Crossroads Facebook Twitter Email WASHINGTON, D.C. — As Koji Sato prepares to take over as the next CEO of Toyota Motor Corporation, 54 advocacy organizations from around the world today called on the automaker to commit to phase out all internal combustion engine vehicles in coming years. The letter, whose signatories include Public Citizen, Center for Biological Diversity, Electric Vehicle Association, GreenLatinos, Greenpeace Japan, Sierra Club, and members of the Latin American Association for Sustainable Mobility, called on the automaker to shift to building solely EVs in the U.S. and Europe by 2030 and globally by 2035. “As incoming CEO, you have the opportunity to change course on decades of harm and deceit caused by Toyota and lead the industry toward its electric future,” the letter reads. “With no tailpipe emissions, electric vehicles are better for our health and essential to keeping our planet livable.” Under the
Ford Ford Blue and Ford Model e will operate as distinct businesses, but share relevant technology and best practices to leverage scale and drive operating improvements; along with Ford Pro, all three businesses are expected to have discrete P&Ls by 2023 Accelerates Ford+ plan to unlock growth and create value for Ford’s shareholders: total company adjusted EBIT margin of 10% and annual production of more than 2 million EVs by 2026; expect EVs to represent half of global volume by 2030