Articles Tagged with "Toyota"

Toyota, SinoHytec form new joint venture for FCV
Toyota, SinoHytec form new joint venture for FCV

Both parties will invest a total of 8 billion yen to the new joint venture, called Toyota Sinohytec Fuel Cell Co.,Ltd. (FCTS).

Mar. 30 , 2021
Momenta draws capital from SAIC, Toyota, Bosch, others
Momenta draws capital from SAIC, Toyota, Bosch, others

Chinese autonomous driving startup Momenta announced on March 19 it has raised $500 million for its Series C funding, which is led by SAIC Motor, Toyota, Bosch, Temasek and YunFeng Capital.

Mar. 19 , 2021
Toyota, Honda China sales rise in 2020, while Nissan, Mazda sales drop
Toyota, Honda China sales rise in 2020, while Nissan, Mazda sales drop

In 2020, Toyota ranked first among Japanese automakers by selling nearly 1.8 million vehicles in China. Honda’s China business also logged growth in annual sales.

Jan. 15 , 2021
GAC Toyota starts building new NEV facility as part of NEV business expansion
GAC Toyota starts building new NEV facility as part of NEV business expansion

GAC Toyota celebrated on August 29 the first spade cut for a new NEV manufacturing facility, the second phase under a project design to expand the joint venture’s NEV capacity.

Aug. 31 , 2020
Toyota-backed R&D JV for commercial fuel cell system founded in Beijing
Toyota-backed R&D JV for commercial fuel cell system founded in Beijing

United Fuel Cell System R&D (Beijing) Co., Ltd. (FCRD), a significant joint venture announced by Toyota in early June, has been officially registered in Beijing, according to Chinese corporate data platform Tianyancha.

Aug. 23 , 2020
FAW-Toyota logs 40% year-on-year hike in July sales
FAW-Toyota logs 40% year-on-year hike in July sales

FAW-Toyota announced that its sales in July soared 40% from a year earlier to 79,050 units, which made its year-to-date sales amounted to roughly 430,000 units, a slight increase of 0.8% compared to the year-ago period.

Aug. 4 , 2020