Toyota Unveils New Technology That Will Change the Future of Cars
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Elon Musk encourages Toyota (TM) to join EV charging revolution, embrace NACS connector
June 14, 2023 2:27 PM EDTTesla (NASDAQ: TSLA) CEO Elon Musk suggested on Twitter Wednesday that he would welcome Toyota (NYSE: TM) into the coalition of automakers that have already adopted his companys charging connector, known as the North American Charging Standard (NACS).
Over the past several weeks, numerous automakers and charging companies have already committed to adopting the NACS connector.
The moves were started by Ford... More
Toyota (TM) shareholders vote down climate resolution, show support for management
June 14, 2023 8:47 AM EDTToyota (NYSE: TM) shareholders handed the Japanese company a win at their shareholders meeting today when investors voted down a resolution urging greater disclosure of its climate lobbying. Investors also backed all 10 members of the board, including Chairman Akio Toyoda, despite concerns about board independence raised by prominent... More
Toyota to face governance challenge over climate lobbying, transparency
June 13, 2023 9:13 AM EDTToyota will confront a difficult hurdle Wednesday when the company holds its annual shareholder meeting. According to recent reports, certain pension funds plan to vote against Chairman Akio Toyoda over governance concerns. These investors are also advocating for increased transparency regarding the company's climate lobbying activities.
The Japanese auto giant has attracted the attention of activists and green investors in recent years, who say... More
Toyota (TM) soars after detailing plans for a new battery and innovative EV tech
June 13, 2023 8:53 AM EDTShares of Toyota (NYSE: TM) were sent soaring almost 5% after the company revealed Tuesday that the Japanese auto giant will introduce a high-performance, solid-state battery alongside other technologies to improve the driving range and cut costs of future electric vehicles (EVs).
The plan comes a day before an annual shareholder meeting where governance and strategy - including a slow pivot to battery EVs under former CEO Akio Toyoda - will be scrutinized.
The comprehensive technology roadmap unveiled by the Japanese automotive giant encompasses a wide range of initiatives,... More
