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Rinnai, Toyota start exploring hydrogen-powered cooking methods

Rinnai Corp and Toyota Motor Corp, together with Woven Planet Holdings Inc, have initiated collaborative efforts on a potentially ubiquitous new application of hydrogen for food preparation. Their shared goal is to contribute to carbon neutrality and popularize more sustainable approaches to cooking. The companies aim to achieve this by… ....

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Focusing on mobility, Toyota looks to lead the world in smart city technology

Focusing on mobility, Toyota looks to lead the world in smart city technology
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.

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Toyota looks to lead world in smart city tech with focus on mobility

Toyota looks to lead world in smart city tech with focus on mobility
kyodonews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kyodonews.net Daily Mail and Mail on Sunday newspapers.

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Lyft to sell self-driving unit in $550 million Toyota deal

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“Assuming the transaction closes within the expected time frame and the COVID recovery continues, we are confident that we can achieve Adjusted EBITDA profitability in the third quarter of this year,” Lyft co-founder and President John Zimmer said in a prepared statement announcing the deal, which is expected to close during the third quarter.
Lyft will sell the unit, called Level 5, to Woven Planet Holdings Inc., an extension of Toyota’s research division with a mandate to advance self-driving car technology. The deal is structured to start with a $200-million payout, followed by $350 million in additional payments over five years. ....

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Toyota to buy self-driving division of U.S. ride-hailing firm Lyft

Toyota to buy self-driving division of U.S. ride-hailing firm Lyft
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A sign for Lyft s ride-hailing service is displayed at Los Angeles International Airport. | REUTERS
Kyodo, Bloomberg
Apr 27, 2021
Toyota Motor Corp. said Tuesday it had agreed with ride-hailing firm Lyft Inc. to acquire the U.S. firm’s self-driving division for $550 million, aiming to accelerate its development of autonomous driving technologies.
The purchase via Woven Planet Holdings Inc., a Toyota unit engaging in software development, will equip the Japanese automaker with development bases in California and London in addition to Tokyo. ....

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