JNTO, Mazda Motor Corporation, and TOYOTA GAZOO Racing Jointly Holding "Japan. Endless Discovery." Exhibit on Centenary of Le Mans 24 Hours Race
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Toyota (TM) will invest $50M to build new battery lab in Michigan
June 8, 2023 1:50 PM EDTToyota Motors (NYSE: TM) announced Thursday that the Japanese automotive company will be investing nearly $50 million to construct a new laboratory facility at its North American R&D headquarters in York Township, Michigan to evaluate batteries for electric and electrified vehicles.
The new lab will play a crucial role in ensuring Toyota's batteries meet the specific requirements of North American customers. Its primary focus will be to verify the performance, quality, and durability of Toyota's automotive batteries. Anticipated to... More
Tesla (TSLA) Model 3 now more affordable than Toyota Camry in California
June 6, 2023 1:53 PM EDTPresident Joe Biden's administration confirmed Tuesday that after a rapid adjustment of its battery supply chain, the Tesla (NASDAQ: TSLA) Model 3 now qualifies for the full $7,500 tax credit, meaning that it has become more affordable than the Toyota Camry in California.
New battery sourcing... More
