Toyota to spend $13.6bn on electric car batteries by 2030

  • 📰 eNCA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Toyota said it will invest $13.6 billion into batteries for electric and hybrid cars by 2030, as the world's biggest automaker pushes to make its production carbon-neutral.

Toyota is a pioneer of hybrid vehicles and autos using hydrogen fuel, and is also stepping up its development of battery-powered electric carsTOKYO - Toyota said Tuesday it will invest $13.6 billion into batteries for electric and hybrid cars by 2030, as the world's biggest automaker pushes to make its production carbon-neutral.

Toyota said in June it aimed to make its production carbon-neutral by 2035, replacing the previous target date of 2050. Toyota is a pioneer of hybrid vehicles and autos using hydrogen fuel, and is also stepping up its development of battery-powered electric cars.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Volkswagen ID Life launched as more affordable electric carThe R340,000 Polo-sized car is part of VW's push to dethrone Tesla I entrusted shantelll_142 with my money since I took rush of investing my money with her platform, and since then I've recovered all I lost to scams. Get in touch with shantelll_142 and get a good mentorship and safe trading. Its fugly.
Source: BDliveSA - 🏆 12. / 63 Read more »

Volkswagen CEO: smart cars are the industry’s real ‘gamechanger’Volkswagen head Herbert Diess on Sunday said autonomous cars, not electric vehicles, were the 'real gamechanger' for the auto industry, which is facing the end of combustion engines in Europe by 2035 If I enjoy this privilege all alone, it shows how ungrateful I’m because I got this opportunity from a post here as well and saw recommendations too. All thanks to the good work of linda_Stouffe I was screwed on my first experience but I never gave up because I knew it is going to work out for me trying continuously, right now I'm testifying by getting involved with LisaDonalldT I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦‍♂️🙏
Source: TimesLIVE - 🏆 28. / 59 Read more »

The Mission R concept is Porsche's electric racing car of the futurePorsche on Monday presented its racy new Mission R concept study. Unveiled at the 2021 IAA Munich auto show and offering a taste of what Porsche's future customer racing cars might offer, this intriguing concept car combines cutting-edge technologies and sustainable materials (such as natural fibre-reinforced plastics) with the marque's longstanding passion for motorsport
Source: TimesLIVE - 🏆 28. / 59 Read more »