Tag: Toyota

Toyota eyes lunar rover powered by regenerative fuel cell tech
Technology

Toyota eyes lunar rover powered by regenerative fuel cell tech

[ad_1]  Toyota Motor plans to use regenerative fuel cell technology to power a manned lunar rover, executives said on Friday, raising the prospect of eventually using the moon's water ice as an energy source in the future. Japan has stepped up its space ambitions under Prime Minister Fumio Kishida. It is participating in NASA's Artemis programme and plans to have an astronaut at a lunar space station called Gateway as part of that in the latter half of the 2020's.Toyota has teamed up with Japan's space agency since 2019 to develop the manned lunar rover - which it dubbed the Lunar Cruiser - that they hope can be put on the moon in 2029."In order to conduct long-term and stable research on the surface of the moon, we are aiming to source various items on site over a long period," said Ke...
Tesla Sales Surge, But at What Cost?
Technology

Tesla Sales Surge, But at What Cost?

[ad_1] Price cuts work — but only up to a point. Which is about all one can glean from Tesla Inc.'s latest quarterly sales numbers, announced Sunday. The struggle between growth and margins, which defined the first half of 2023, has yet to be resolved.Having delivered about 466,000 vehicles, Tesla beat the consensus estimate by 4%. Deliveries so far this year are up 58% compared with the same period in 2022 and, at the current run rate, look on track to meet Tesla's guidance of about 1.8 million this year (though more would be needed to hit the two million upside case Chief Executive Elon Musk has mentioned). For Tesla's never-small fan club, this should be enough to support the stock on a thinly traded pre-July 4 Monday. What we won't know until July 19, however, is whether the goodies...
Toyota Names New CEO as Tesla-Led EV Shift Threatens Its Dominance
Technology

Toyota Names New CEO as Tesla-Led EV Shift Threatens Its Dominance

[ad_1] Toyota Motor Corp. will elevate the head of Lexus to replace long-time CEO Akio Toyoda, who steered his grandfather’s carmaker to the top of the automotive ranks while leaving a lane open for Tesla Inc. to lead in fully electric vehicles. Toyota Motor Corp. will elevate the head of Lexus to replace long-time CEO Akio Toyoda, who steered his grandfather's carmaker to the top of the automotive ranks while leaving a lane open for Tesla Inc. to lead in fully electric vehicles. Koji Sato, Toyota's chief branding officer and head of its luxury-car division, will take over as chief executive officer on April 1. Toyoda, who's held the job since 2009, will become chairman. Toyoda took over in a time of crisis, with General Motors and Chrysler hurtling toward bankruptcy and a global...
Toyota’s Indian unit warns of a possible customer data breach
Technology

Toyota’s Indian unit warns of a possible customer data breach

[ad_1] A data breach at Toyota Motor's Indian business might have exposed some customers' personal information, it said on Sunday. A data breach at Toyota Motor's Indian business might have exposed some customers' personal information, it said on Sunday. Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor, a joint venture with Indian conglomerate Kirloskar Group. "Toyota Kirloskar Motor (TKM) has been notified by one of its service providers of an incident that might have exposed personal information of some of TKM's customers on the internet", TKM said in an emailed statement without disclosing the size of the data breach or number of customers affected. An unrelated issue at Toyota Motor's T-Connect service potentiall...
Apple’s Car Is Beloved Before It Even Exists
Technology

Apple’s Car Is Beloved Before It Even Exists

[ad_1] The brand ranked highly in a survey of new-vehicle owners released this week. If semiconductor shortages, recession risks and the once-a-century shift in propulsion weren't enough to keep auto executives up at night, here's one more sleep disruptor: Consumers are keen to buy an Apple car before one even exists. Strategic Vision just released the results of an annual study that this year reached 200,000 new-vehicle owners. For the first time, the consulting firm included Apple among the more than 45 brands it surveyed consumers about. The findings: 26% said they would “definitely consider” buying a set of wheels from the iPhone maker, behind only Toyota and Honda. And 24% ticked the top box (“I love it”) when asked t...