Toyota has terminated its tie-up with Tesla and stepped up efforts to develop electric vehicles by itself, a newspaper said Saturday. In 2010, the two companies agreed on a comprehensive cooperation with the Japanese auto giant paying $50 million to buy 3.15 percent of shares in the US electric automaker. Two years later they jointly … Read more
Toyota said Wednesday it is recalling all the Mirai fuel-cell vehicles it has sold globally due to a software glitch that can shut off its hydrogen-powered system. The auto giant said it would call back about 2,800 Mirai vehicles made between November 2014 and December 2016 to repair the defect. Toyota launched Mirai — which … Read more
The Toyota Mirai, an hydrogen fuel cell vehicle, is displayed on media day at the Paris auto show Toyota Motor Corp (7203. T) said on Wednesday it was recalling all of the roughly 2,800 zero-emission Mirai cars on the road due to problems with the output voltage generated by their fuel cell system. Toyota said … Read more
Toyota Motor Corp is setting up a new in-house unit to develop electric cars, offering its strongest endorsement yet of a technology it has not embraced wholly, as take up of a rival technology it pioneered remains slow. Japan’s biggest automaker said on Thursday it will launch next month a unit that will start with … Read more