The automaker says it has 12 million monetizable connected cars globally. By 2026, this is expected to grow to 26 million vehicles and generate approximately €4 billion ($4.5 billion) in revenues, CEO Carlos Tavares says.
The new partnership aims to be a dominant player in nationwide EV charging infrastructure development. “Something like 53% of private vehicles are not garaged,” former auto executive Mark LaNeve says in citing challenges ahead.
Abigail Wulf, head of the Center for Critical Minerals Strategy at Securing America’s Future Energy, warns that with increasing demand for electric vehicles and batteries, the U.S. might not have sufficient raw material supplies.
Toyota’s plant will open in 2025 with four production lines, each able to produce enough batteries to power 200,000 vehicles per year. Toyota wants to expand to at least six production lines, bringing its total production capacity to 1.2 million...
Toyota has been criticized for moving too slowly toward battery-electric vehicles. In an interview, Toyota’s Gill Pratt defends the automaker’s approach and explains why it will have a bigger environmental impact.
The front-wheel-drive Mazda3’s naturally aspirated Skyactiv-G 2.0L produces 155 hp and 150 lb.-ft. (203 Nm) of torque. With a starting price of $20,800, excluding $1,015 for destination and handling charges, it is the lowest-priced model in the ...
Lincoln introduces a Jet Appearance Package for the 2022 Lincoln Aviator featuring new exterior design elements exclusive to the Reserve trim level of the large luxury CUV.