Toyota acquires US map and driverless data provider Carmera

On Thursday Toyota Motor Corp’s research arm said, it had acquired US based map and driverless vehicles data provider Carmera. The acquisition underscores Toyota’s push to bulk up its self-driving arsenal as traditional automakers compete with tech giants in the emerging autonomous vehicles sector. The acquisition will provide Toyota access to real-time, high-definition maps and crowdsourced…

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Toyota Motor develops modular fuel cell systems towards hydrogen powered society

On Friday Toyota Motor Corp said, it has developed a packaged fuel cell system module that cuts carbon footprint midst the industry’s tilt towards electric vehicles (EVs). Toyota Motor, which launched a revamped version of the Mirai in December has not been successful in winning drivers over to fuel cell vehicles (FCV). The FCV segment…

Automakers urge incoming Biden Administration for tax credit, incentives to boost R&D into self driving cars, EVs

On Tuesday, Alliance for Automotive Innovation, a major automotive trade association urged U.S. policymakers to back support for electric vehicles (EV), including new incentives to boost up consumer purchases, as well as research and development. U.S. President-elect Joe Biden has made boosting electric vehicles a top priority and has pledged to build 550,000 new EV…

Uber Technologies Inc sells self-driving unit Uber Advanced Technologies Group to self-driving startup Aurora

In a statement Uber Technologies Inc said, it is selling its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora; the development underscores Uber Technologies Inc’s drive to accelerate its goal to achieve profitability. According to sources familiar with the matter at hand, the equity deal values ATG at $4 billion,…

Toyota Motor Corp-Panasonic Corp joint venture builds lithium-ion battery production line in Japan

On Tuesday, in a statement Toyota Motor Corp said, it will collaborate with Panasonic Corp to create a joint venture for producing batteries in Japan. To this end, the duo will establish a production line in Western Japan which will manufacture lithium-ion batteries for hybrid vehicles starting from 2022. The production line will have a…