Toyota
Toyota Targets 15 EV Models and 1 Million Units by 2027 in Strategic Expansion
April 7, 2025 –Toyota Motor Corporation, the world’s largest automaker, is set to revolutionize its electric vehicle (EV) strategy by 2027. The company plans to independently develop approximately 15 new EV models, establishing production hubs across Japan, China, the Americas, and Southeast Asia. This move is part of a broader initiative to significantly boost EV…
Toyota Aims to Establish First R&D Center in India with 1,000 Engineers by 2027
March 23, 2025 – Toyota Motor Corporation is setting up its maiden research and development center through its Indian subsidiary, marking a significant rise in the importance of the Indian market within Toyota’s global strategy, according to Bloomberg sources with knowledge of the matter. The new R&D facility, located in Bangalore, will initially operate with…
Toyota Accelerates Electric Push, Aims to Launch 9 EVs in Europe
March 14, 2025 – Toyota Motor Corporation is steadily advancing its electric vehicle (BEV) strategy in the European market, with a focus on achieving carbon neutrality in the region by 2035 through multiple technological approaches. The automaker has announced that it will introduce new and upgraded electric vehicle products in the core B, C, and…
Toyota Set to Release bZ3C, a New Electric Crossover, on March 11
February 27, 2025 – According to a report by AutoCar, Toyota is set to unveil a brand-new electric vehicle on March 11th. The Japanese automaker has plans to expand its electric vehicle lineup to six models by the end of 2026. Advance previews indicate that the upcoming car is a crossover model, featuring a slanted…
Toyota’s Akio Toyoda Comments on Nissan-Honda Merger: Exciting and Competitive Products Anticipated
January 9, 2025 – Toyota President Akio Toyoda addressed the potential merger between two major Japanese automakers, Honda and Nissan, at the CES 2025 exhibition. Toyoda clarified that Toyota Motor Corporation is not involved in any such discussions. “Nissan has not approached Toyota regarding any merger,” he stated, “and even if they had, it would…
Toyota Unveils RAV4 ‘Darkside’ Concept, Blending Sci-Fi with Reality for Future Mobility
December 27, 2024 – Toyota Motor Corporation has recently announced plans to unveil a special performance edition called the “Darkside” during next year’s Tokyo Motor Show. While the automaker has remained tight-lipped about specific details of the model, they did reveal that the “Darkside” performance edition is a futuristic concept car, showcasing a new look…
Toyota’s Market Value Jumps $20.9 Billion as it Aims to Double ROE to 20%
December 27, 2024 – Toyota Motor Corporation’s stock surged 8.78% at the close of the U.S. stock market on December 26th, resulting in a significant increase of $20.9 billion in market capitalization overnight. According to a report by Nikkei Asia on Wednesday, Toyota is striving to double its return on equity (ROE) target to 20%….
Toyota Faces 10th Consecutive Month of Production Drop, But Sales Are on the Upswing
December 26, 2024 – Despite achieving global sales growth for the second consecutive month driven by strong demand in the United States and China, Toyota Motor Corporation reported a decline in its global production for the tenth straight month in November. The world’s largest automaker produced a total of 869,230 vehicles globally in November, representing…
Toyota to Showcase Pure Electric SUV Urban Cruiser at 2025 Brussels Auto Show
December 13, 2024 – Toyota has unveiled its new compact pure electric SUV, the Urban Cruiser, which is slated to make its debut at the Brussels Auto Show in January 2025. This model, primarily developed for the European market, promises to deliver a unique driving experience. Built on a new dedicated electric vehicle platform, the…
Hyundai and Toyota Join Forces to Boost Racing Culture, Toyoda Wows with Drift Display
October 28, 2024 – Hyundai Motor and Toyota Motor co-hosted the inaugural “Hyundai N x Toyota GAZOO Racing Festival” in South Korea on the 27th, aiming to jointly promote the development of racing culture. For the first time, Hyundai Motor’s Chairman Chung Euisun and Toyota Motor’s Chairman Akio Toyoda appeared together on stage. The latter…