Sanyo (OTC:SANYY) shares continue to rally along with Panasonic (PC) shares (which plans to merge with Sanyo) on news that Toyota (TM) plans to begin purchasing lithium batteries from Sanyo beginning in 2011 according to a Reuters source who remains anonymous since the info hasn’t been made official yet. Toyota plans to purchase about 10,000 batteries a year and rumor has it that they’ll use it in a minivan hybrid expected to launch in about … Read the rest
Tag Archives: toyota
Plug-in Hybrid Toyota Prius Not Expected Until 2012
A growing contingent of electric and hybrid vehicle supporters are vouching for the style and simplicity of Toyota’s Prius, one of the most popular and well-loved models on the market. Fans of the Prius have been anxiously awaiting the release of a plug-in model for the vehicle, which is expected to be available to the public in 2012. This January, at the North American International Auto Show, Toyota announced that it would release five hundred … Read the rest
3rd Generation 2010 Toyota Prius Generating Excitement & Sales
Vacationers who have been pleasantly taking in the sun in a remote corner of the world for many, many months may be shocked by the announcement, but to everyone else, the fact has been increasingly clear for a while: the auto industry isn’t doing very well. From bankruptcies to dealership troubles, halts in production and other major upsets, automakers around the world are suffering in a market impacted by a population that simply can’t prioritize … Read the rest
Mississippi Toyota Prius (TM) Plant On Hold
Although Toyota’s Blue Springs, Mississippi plant is 90% done and the company has invested over $300 million into it, the company has decided to put the project on hold due to the economic collapse, which has caused the bottom to drop out of the US auto market. Since even hybrids aren’t selling well at the moment, Toyota has put the plant on hold "indefinitely."
CLSA’s Tokyo-based analyst, Christopher Richter, commented on the decision:
… Read the rest"With the
Sunpower (SPWR) Completes Largest Solar Rooftop Installation At Toyota (TM)
Toyota Motor (TM) and Sunpower (SPWR) have announced the completion of the largest single room solar power installation (2.3MW) in North America at Toyota’s North America Parts Center in Ontario, California.
The installation is expected to provide 60% of the total electricity needs for the 760K sq foot building and includes 10417 T10 Solar Roof Tiles, the most efficient in the industry. The company expects to avoid 6.4 million pounds of carbon dioxide emissions every … Read the rest
Toyota (TOYOF) And EDF Energy Test Plug-In Hybrid Vehicles In The UK
Toyota Motor Corp has teamed up with European energy company EDF Energy to begin testing plug-in hybrids on UK public roads. EDF will assist with the tests by building charging ports where drivers can plug in their cars and top off their batteries. Toyota has run several other tests of plug-in hybrids in other countries. Although most tests have involved vehicles using nickel-metal hydride batteries, they are also trying to develop hybrid cars that use … Read the rest
The Top Three Automakers in Japan Report Production Jump As Consumers Seek Fuel Efficiency (TM, HMC, NSANY)
High gas prices have led many consumers to trade in gas guzzlers for more fuel efficient vehicles. This has been a boon to Japan’s top 3 auto companies, Toyota, Honda and Nissan.
As reported on MSN Money, Toyota Motors Corp’s global output rose 10.2 percent over the past year. Honda Motor Co reported an increase of 17.7 percent, and Nissan increased their output by 26.8 percent. All of the automakers are struggling to shift … Read the rest
Toyota (TM) To Add Solar to the Prius
According to a newspaper report, Toyota (TM) is planning to add solar panels to the roof of its popular Prius hybrid early next year to power the vehicles air conditioning and would be the first major manufacturer to do so. Looks like Toyota is continuing to lead with innovation.… Read the rest