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…
Suzuki Motor will invest JPY 4.5 trillion (roughly Rs. 2,85,614 crore) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said on Thursday. The Japanese automaker known for making compact “kei” cars said it would invest JPY 2 trillion in electrification and autonomous driving…
Improvement in semiconductor shortage issue helped auto makers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported…
India’s romance with SUVs is intensifying and automakers are fuelling the affair, having launched 36 such models in the last five years. Such is the craze for SUVs at present that waiting periods for some of the most popular models are stretching to over two years, and fresh orders are…
US startup Redwood Materials on Tuesday said Japan’s Toyota Motor has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling and remanufacturing initiative. Redwood Materials, whose partners include automaker Ford Motor and EV battery maker Panasonic Holdings, is building a closed-loop battery ecosystem aimed…
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