The U.S. auto maker is requiring dealers who want to sell its electric models to ditch the haggling and invest in chargers. The auto maker is seeking meetings with investors and environmental groups that have questioned its commitment to greener cars. The full-size SUV is part of the company’s strategy to transition to all-electric platforms on an accelerated timeline. The comments by Akio Toyoda come as Toyota faces pressure to show it isn’t falling behind in the industry’s electric-vehicle race.
- Automobiles are increasingly becoming sources of rich information for in-vehicle, cross-vehicle and cloud based applications that will improve performance, safety, efficiency, and entertainment.
- Through continuous improvements in battery technology and cost, those local differences will become less pronounced, and electrified vehicles are expected to gain more and more market share from conventional vehicles.
- Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.
- It is also expected that this trend will continue, especially as the younger generations of people no longer want to own a car anymore, and prefer other modes of transport.
Volvo Group and Eicher Motors has a 50-50% joint venture called VE Commercial Vehicles. PSA and CK Birla Group have a 50-50% joint venture called PSA AVTEC Powertrain Pvt. PSA and Toyota have a 50-50% joint venture called Toyota Peugeot Citroën Automobile Czech. Isuzu and General Motors has a 50-50% joint venture called Isuzu Truck South Africa.
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Explore our insights, backed by proprietary research, to help make sense of this time. Deloitte Insights Deloitte City Mobility Index 2020 What does smart urban mobility look like, city-by-city? Learn the steps that cities can take to realize the future of mobility in the coming decades. Perspectives Understanding COVID-19’s impact on the automotive sector Explore key questions and practical next steps for automotive leaders to respond to the COVID-19 crisis.