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Tag Archives: Toyota Tsusho
Toyota to Spend $3.4B for US Battery Manufacturing
Toyota Motor North America also announced today that it will establish a new company and build an automotive battery plant together with Toyota Tsusho in the US. Production is expected to start in 2025, the project includes an investment of approximately $1.29 billion until 2031, which includes funds that will be used to develop land and build facilities, resulting in the creation of 1,750 new American jobs. Continue reading
Toyota, Mitsubishi to Debut Biogas Hydrogen Equipment
Toyota Motor, Toyota Tsusho and Mitsubishi Kakoki will introduce biogas-derived hydrogen production equipment for the first time in Thailand. The hydrogen production equipment to be introduced will be manufactured by Mitsubishi Kakoki and installed in Thailand in November 2023 to produce hydrogen from biogas derived from local chicken manure and food waste. It’s the latest step announce by awakened companies to move, ultimately, to a carbon-neutral society. Continue reading →