Toyota (TM) shareholders vote down climate resolution, show support for management

Japan to provide $854M to support Toyota's (TM) domestic EV battery production plans

Asian finance newspaper, The Nikkei reports Thursday that Japan will give Toyota (NYSE: TM) around 120 billion yen ($854 million) in support towards the Japanese automakers plans to invest in the domestic production of lithium ion batteries used in electric vehicles.

Earlier this... More

Elon Musk encourages Toyota (TM) to join EV charging revolution, embrace NACS connector

Tesla (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 to face governance challenge over climate lobbying, transparency

Toyota 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

Shares 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

Oracle, Intel, Manchester United rise premarket; Apple falls

Investing.com -- Stocks in focus in premarket trade on Tuesday, June 13th. Please refresh for updates.

Oracle (NYSE: ORCL) stock rose 6.1% after the cloud and software company beat fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by... More

Toyota Motor (TM) Unveils New EV Technology

Toyota Motor Corporation (NYSE: TM) recently held a technical briefing session, "Toyota Technical Workshop," under the theme "Let's Change the Future of Cars" and announced a variety of new technologies that will support its transformation into a mobility company.

Hiroki Nakajima, Executive Vice President... More

Toyota Unveils Plans For New Battery Tech, EV Innovation - Reuters

Toyota Unveils Plans For New Battery Tech, EV Innovation - Reuters

Toyota's (TM) boss faces scrutiny amid EV reluctance - WSJ

(Updated - June 12, 2023 6:57 AM EDT)

Akio Toyoda, the longtime leader of Toyota Motor (NYSE: TM), is said to be facing harsh scrutiny and criticism from shareholders amid the company's reluctance to commit to large-scale development and manufacturing of electric vehicles (EVs), according to an early Monday publication by the Wall Street Journal.

The WSJ reports that several shareholders, "including the New York City comptrollers office, the California Public
Employees Retirement System and a handful of European asset... More