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GlobalData Blog: Hydrogen showdown, Japan vs. Korea in the race for FCEV dominance
l fossil-fuel vehicles and even BEVs (battery electric vehicles), such as longer range and faster refuelling, making them a potentially transformative solution, especially for long-haul and heavy-duty applications. Despite its promise, hydrogen technology faces obstacles like high production costs, limited infrastructure, and energy loss during hydrogen production. Japan and South Korea are working to overcome these barriers through significant i...
News Updated at: 2024/11/27
GlobalData blog: China’s car market in 2024: growth, competition and transformation
e huge changes taking place in technological innovation. In March, Xiaomi made a significant entry into the automotive market with the launch of its first vehicle, the SU7. This move garnered considerable market attention, bolstered by Xiaomi’s strong consumer electronics background. In 2023, the company sold approximately 146 million smartphones, and by year-end, its AIoT platform connected an impressive 740 million devices (excluding smartpho...
News Updated at: 2024/06/19
Commercial Japan Partnership Technologies starts introduction of light-duty FC trucks in Tokyo
Commercial Japan Partnership Technologies starts introduction of light-duty FC trucks in Tokyo Commercial Japan Partnership Technologies Corporation (CJPT, Bunkyo Ward, Tokyo), a joint venture invested by Toyota Motor Corporation, Isuzu Motors Limited and others, announced on April 21 that it has started introduction of light-duty fuel-cell (FC) trucks in Tokyo. The company aims to establish a business model for the popularization of FC trucks. A...
News Updated at: 2023/04/24
Suzuki and Daihatsu join commercial vehicle project "CJP" for dissemination of CASE technologies in mini-commercial vehicles
eutrality initiatives in minivehicles through the dissemination of CASE technologies and services.CJP was launched in April this year to accelerate societal implementation and dissemination of CASE technologies and services by combining the commercial business foundations cultivated by Isuzu Motors Limited and Hino Motors Limited with the CASE technologies of Toyota Motor Corporation while helping address various challenges facing the transportat...
News Updated at: 2021/07/21
Isuzu, Hino, Toyota to accelerate CASE Response through commercial vehicle partnership
Isuzu, Hino, Toyota to accelerate CASE Response through commercial vehicle partnership On March 24, 2021, Isuzu Motors Limited, Hino Motors, Ltd, and Toyota Motor Corporation announced that they have agreed on a new partnership in commercial vehicles.The three companies intend to combine Toyota's CASE technologies with the commercial vehicle foundations cultivated by Isuzu and Hino. Through this collaboration, they aim to accelerate societal impl...
News Updated at: 2021/03/24
Toyota Philippines records 52% sales decline in first 5 months of 2020 to reach 28,163 units
Toyota Philippines records 52% sales decline in first 5 months of 2020 to reach 28,163 units Reported on June 17, 2020, Toyota Motor Philippines Corp. (TMP) is targeting to sell over 11,000 units of the Wigo hatchback in 2020 as it positions the vehicle model as the best option for individuals looking for an affordable car to address their mobility needs amid limited public transportation allowed by the government. As of end-May, sales of the old...
News Updated at: 2020/06/17
Mazda, Suzuki, Subaru, Daihatsu, and Isuzu to take equity stake in Monet
Mazda, Suzuki, Subaru, Daihatsu, and Isuzu to take equity stake in Monet On June 28, Mazda Motor Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co., Ltd., and Isuzu Motors Limited announced that they will take an equity stake in Monet Technologies Inc. (Monet), a mobility services company established by Toyota Motor Corporation and SoftBank Corp. The five automakers will each acquire approximately 2% of Monet’s shares...
News Updated at: 2019/07/01
Toyota Group’s vehicle assemblers and parts suppliers in northeast Japan resume partial operations
Toyota Group’s vehicle assemblers and parts suppliers in northeast Japan resume partial operations Some of vehicle assemblers and parts manufacturers in the Toyota Group, which were forced to suspend operations in quake-stricken areas including Miyagi and Iwate, have begun to restart production on a limited scale since the end of March. Central Motor’s new vehicle assembly plant in Ohira, Miyagi, which was inaugurated earlier this year, resum...
News Updated at: 2011/04/01