team-bhp / Toyota to set up new Electric Vehicle company

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Toyota to set up new Electric Vehicle company

Toyota to set up new Electric Vehicle company

Toyota has officially announced that it will be setting up a new in-house venture company, dedicated to development of electric vehicles.The new EV company will start operations from December 2016.Toyota has currently designated just four people in the new firm.
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Toyota to set up new Electric Vehicle company

Toyota to set up new Electric Vehicle company

Toyota has officially announced that it will be setting up a new in-house venture company, dedicated to development of electric vehicles.The new EV company will start operations from December 2016.Toyota has currently designated just four people in the new firm.
read more from here

Is Toyota Rethinking Its Pro-Fuel Cell / Anti-Battery Electric Car Stance?

Is Toyota Rethinking Its Pro-Fuel Cell / Anti-Battery Electric Car Stance?

Is Toyota Rethinking Its Pro-Fuel Cell / Anti-Battery Electric Car Stance?Reports in recent weeks have indicated Toyota may be revising its stance against battery electric vehicles as it prepares for "mass producing" it first long-range EV by the end of this decade.Word of that 186-plus mile range electric car in time for the 2020 Tokyo Olympics was reported Nov. 7 by Japan's Nikkei newspaper, which described "a full-scale entry into the electric vehicle market."On Nov. 17, Toyota corporate followed up with announcement of an in-house venture company for EV development.
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