Toyota is making big moves in the rapidly developing EV market. Is the Japanese giant changing with the times, or leading the charge? Here' s what you need to know.You probably don't think of Toyota Motor (TM -3.91%) as a maker of electric vehicles (EVs). The Japanese automaker has been a dominant force in traditional gas cars for nearly a century. Toyota was a pioneer in hybrid vehicles, and the Prius is still a big seller after 27 years on the global market.Toyota's electrifying EV salesBut the times, the ...

Akio Toyoda, chairman of Toyota Motor Corporation (NYSE: TM ) and scion of the automaker’s founding family, chose CES – the annual global tech show held in Las Vegas – to publicly proclaim on Monday that the first phase ofI am a journalist based in Detroit, having spent almost my entire career writing about business and economic subjects for The Wall Street Journal, New York Times, Detroit Free Press and Bloomberg. I'm the author of two books and am an acknowledged expert on the world automotive industry.An ...

Toyota’s mobility subsidiary will invest $44.3 million into a Japanese rocket company. Interstellar Technologies (IST) is slated to receive Woven by Toyota’s multimillion-dollar investment "by the first close" of its Series F fundraising, the rocket company said Tuesday. It also announced a "business alliance" with Toyota.IST said it "aims to leverage automotive industry expertise, including Toyota’s production methods, to transition rocket manufacturing into a high-quality, cost-effective, and scalable pro ...

LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- CES—NVIDIA announced today that Toyota, Aurora and Continental have joined the list of global mobility leaders developing and building their consumer and commercial vehicle fleets on NVIDIA accelerated computing and AI. Toyota, the world’s largest automaker, will build its next-generation vehicles on NVIDIA DRIVE AGX Orin™, running the safety-certified NVIDIA DriveOS operating system. These vehicles will offer functionally safe, advanced driving assistance capabi ...

Toyota announced at CES 2025 that its next-generation vehicles will have automated driving capabilities powered by Nvidia’s Drive AGX Orin supercomputer and safety-focused operating system, DriveOS.TechCrunch has reached out to Toyota to learn more about the automaker’s plans to deploy vehicles with autonomous capabilities.  DriveOS is the operating system for Nvidia’s autonomous vehicle platform that promises safe, real-time AI processing and integration of advanced driving and cockpit features. Nvidia’s ...

In this articleTMAfter Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy.Photo by Yoshikazu Tsuno | Gamma-rapho | Getty ImagesLAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday.The automaker, through its "Woven by Toyota" mobility company, is investing 7 billion Japanese yen ($44.4 million) into Interstellar Technologies Inc., a Japanese ...

Japanese automaker Toyota is “exploring rockets,” chairman Akio Toyoda announced on stage at CES 2025 on Monday, while hinting at the idea of moving people through space.The rocketry mention on the CES 2025 stage came while Toyoda was in the middle of explaining how he views his company’s myriad technologies as “invention by kakezan,” or “invention by multiplication.” “When it comes to what’s possible when you work together, the sky’s the limit,” he said. After a dramatic pause, he continued: “And speaking ...

Japanese automaker Toyota is “exploring rockets,” chairman Akio Toyoda just announced on stage at CES 2025, while hinting at the idea of moving people through space.Toyoda did not offer any details explaining what he meant. But he showed a rendering on stage of a rocket designed by Interstellar Technologies, a private Japanese spaceflight company that’s working on a small launch vehicle made to put satellites into space. Toyoda was in the middle of explaining how he views his company’s myriad technologies ...

Official launch scheduled for fall 2025LAS VEGAS, Jan. 6, 2025 /PRNewswire/ -- At CES 2025, Toyota Motor Corporation ("Toyota") announced the completion of Phase 1 construction of Toyota Woven City ("Woven City"), its test course for mobility. The launch of Phase 1 is planned for fall 2025 or shortly thereafter.Toyota first announced its transformation into a mobility company at CES 2018 and, at CES 2020, unveiled the Woven City concept being developed in collaboration with Woven by Toyota ("WbyT") to demon ...

Year-end electrified Toyota and Lexus sales surpasses one million units and surges 53 percent; electrified units make up more than 43 percent of total sales volume 30 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2025 Lexus records its best-ever full-year sales result in its 35-year history Toyota brand projected to be the number one retail for the 13th consecutive year PLANO, Texas, Jan. 3, 2025 /PRNewswire/ -- Toyota Motor North America (TMNA) today ...