Fujitsu, Toyota Systems leverage Fujitsu's Quantum-Inspired Digital Annealer to streamline automobile production sequence

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Toyota (TM) Debuts bZ3 in China

October 24, 2022 10:31 AM EDT

Toyota (NYSE: TM) on Monday announced the new Toyota bZ3, the second model in the companys bZ series jointly developed for the Chinese market by BYD TOYOTA EV TECHNOLOGYa joint venture established by Toyota, BYD and FAW Toyota Motor Co..

The four-door... More

Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030

October 21, 2022 2:28 PM EDT

An exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.

Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More