Toyota aims to sell 5.5 million electric vehicles per year by 2030 and invest $13 billion to reach this objective. The company’s long-term plan is another step in making EVs mainstream and laying a foundation for mass penetration in the future.
Amidst sweeping changes in the landscape for advanced fuel vehicles, automakers expressed confidence that the shift towards non-petroleum fuels will continue rapidly.
Hydrogen vehicles refill in the same short period of time as conventional gasoline vehicles—considered an advantage over natural gas and electric vehicles.
While consumers are expected to warm to self-driving vehicles over time, the auto industry has adapted quickly, embracing autonomous technology and driving innovation.
The United States is creating the technology to usher in a new era of autonomous, electric vehicles, but China could easily overtake us in capturing their advantages.
Even with oil prices at 12 year lows, hybrid vehicles can still create significant savings for commercial fleets. Here‘s how.
As carmakers compete in earnest to reinvent themselves as tech-automotive hybrids, a look at which companies combined style with substance at this year's Consumer Electronics Show.
As tech companies push into the automotive space, Toyota emphasizes decades of manufacturing expertise, while pouring billions into building new software and AI systems.
Toyota is hoping its Mirai hydrogen fuel cell vehicle will mirror the success of the Prius hybrid. But important questions remain regarding storage, range, infrastructure, and the cost of hydrogen fuel.
Against a backdrop of verbal sparring between electric and hydrogen vehicle manufacturers, early rumors suggest that BMW is investing heavily in both alternative fuel technologies.