Toyota has committed ¥8-trillion to electrify its cars by 2030, half of it to develop a battery electric vehicle line-up.
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As UN climate conference delegates considered how to save the planet over the weekend in Glasgow, Toyota’s CEO was in Japan racing an experimental hydrogen car.
Toyota is anticipating that the government will provide a support package to reduce the price of new-energy vehicles to make them more accessible.
South Africa has identified three key priorities for climate action, including increased production of electric vehicles, President Cyril Ramaphosa said.
An EV uses the same rechargeable lithium-ion batteries that are in your laptop or mobile phone, they’re just much bigger and much more expensive.
Toyota said on Tuesday it expects to spend more than US$13.5-billion (R193-billion) by 2030 to develop batteries and its battery supply system — a bid to lead in the key automotive technology over the next decade.
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Government and automotive original equipment manufacturers are working towards accelerating the development of manufacturing capabilities for new energy vehicles in South Africa.
Sasol and project partner Toyota will install hydrogen refuelling infrastructure along the N3 highway connecting Johannesburg and Durban, CEO Fleetwood Grobler said in a statement on Wednesday.
When Samsung Electronics says there is a “serious imbalance in supply and demand” for chips, there can be little doubt that we are dealing with a severe semiconductor shortage.