Toyota uses financial heft to hedge green bets

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Toyota is spreading clean energy investments across pure electric cars and hybrids as well as hydrogen, partnering with rivals like Subaru to reduce costs. The strategy is feasible, but Nissan’s more conventional solution is a threat: KatrinaHamlin

Toyota Motor aims to get half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and will work with Chinese battery makers to meet the accelerated global shift to electricity-powered cars, the company said on June 7. The automaker will partner with Chinese companies Contemporary Amperex Technology and BYD for battery procurement, according to the announcement.

On June 6, Toyota said it was teaming with Subaru to develop a battery-electric sports utility vehicle using shared technology to split costs.

 

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Reuters KatrinaHamlin they've had these cars since the 60's

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Motor racing: Alonso takes second Le Mans 24 Hours win with ToyotaDouble Formula One world champion Fernando Alonso won the Le Mans 24 Hours sport... He won it both times in a Toyota_Hybrid yet you seem to have used a picture of a McLarenF1 car 🤔🤔🤔 Wrong series, wrong car for the featured picture for this story. The sponsors are gonna be so pissed! Ummm...why use an old F1 photo? Were there no photographers getting pics of the race?
Source: Reuters - 🏆 2. / 97 Read more »

Motor racing: Alonso takes second Le Mans win and title with ToyotaDouble Formula One world champion Fernando Alonso struck lucky with a second suc... Not pictured: A Le Mans car He wouldn’t have won a kart race with that car. 😅😅😅 Le Mans car
Source: Reuters - 🏆 2. / 97 Read more »

Motor racing: Alonso takes second Le Mans 24 Hours win with ToyotaDouble Formula One world champion Fernando Alonso won the Le Mans 24 Hours sport... He won it both times in a Toyota_Hybrid yet you seem to have used a picture of a McLarenF1 car 🤔🤔🤔 Wrong series, wrong car for the featured picture for this story. The sponsors are gonna be so pissed! Ummm...why use an old F1 photo? Were there no photographers getting pics of the race?
Source: Reuters - 🏆 2. / 97 Read more »

Motor racing: Alonso takes second Le Mans win and title with ToyotaDouble Formula One world champion Fernando Alonso struck lucky with a second suc... Not pictured: A Le Mans car He wouldn’t have won a kart race with that car. 😅😅😅 Le Mans car
Source: Reuters - 🏆 2. / 97 Read more »