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Tag Archives: Tetsuo Ogawa
Toyota to Invest in Joby Aviation EV Taxis!
In a quiet, overlooked announcement earlier this month, Toyota Motor Corporation (NYSE: TM) and Joby Aviation( NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi. The investment will be made in two equal tranches, with the first targeted to close later this year and the second during 2025. This is part of a trend of traditional automobile companies transitioning to mobility companies on land, the seas, air or space.
“Today’s investment builds on nearly seven years of collaboration between our companies,” said JoeBen Bevirt, founder and CEO, Joby Aviation. “The knowledge and support shared by Toyota has been instrumental in Joby’s success and we look forward to deepening our relationship as we deliver on our shared vision for the future of air travel.” Continue reading
Posted in autonomous vehicles, aviation, economy, electric vehicles, engineering, environment, global warming, milestones, news analysis, shows and events, software defined vehicles, transportation
Tagged akio toyoda, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, electric air taxis, JoeBen Bevirt, Ken Zino, NYSE: JOBY, NYSE: TM, Tetsuo Ogawa, Toyota Ventures, X @KenAutoinformed
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Toyota to Assemble Fuel Cell Modules at Kentucky Plant
“We’re bringing our proven electric technology to a whole new class of production vehicles,” said Tetsuo Ogawa, president and chief executive officer, Toyota Motor North America. “Heavy-duty truck manufacturers will be able to buy a fully integrated and validated fuel cell electric drive system, allowing them to offer their customers an emissions-free option in the Class 8 heavy-duty segment.” Continue reading
Posted in alternative fuels, environment, fuel economy or emissions, global warming, milestones, transportation
Tagged auto industry commentary, autoinformed.com, Class 8 fuel cell trucks, fuel cell modules, Ken Zino, Tetsuo Ogawa, toyota motor manufacturing kentucky, Toyota to Assemble Fuel Cell Modules at Kentucky Plant
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Tetsuo Ogawa, to Succeed Jim Lentz as CEO Toyota Motor NA
In his 38-year career, Lentz has been a part of a number of key moments in Toyota’s history. Continue reading
Trump Tariffs – Toyota to Invest ~$10 Billion In U.S. Ops
Toyota Motor Corporation has announced an additional investment of up to $10 billion in the United States during the next five years. This will bring the company’s total U.S. investment to ~$60 billion since beginning operations in the U.S. about … Continue reading →