Welcome to our dedicated page for Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) news (Ticker: $TM), a resource for investors and traders seeking the latest updates and insights on Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) stock.
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Toyota's Kentucky plant celebrates the production of the ninth-generation Camry, now all-hybrid, showcasing the company's commitment to electrification and long-term job stability in the U.S. The new Camry features a stylish look, more power, and great fuel efficiency. Toyota's recent investment in the Georgetown facility further supports electrification efforts, including the assembly of an all-new, three-row battery electric SUV for the U.S. market. Toyota has announced investments exceeding $18.6 billion in its U.S. manufacturing operations since 2021, reinforcing its commitment to providing customers with a variety of electrified products.
FuelCell Energy and Toyota Motor North America have launched the world's first 'Tri-gen' system at the Port of Long Beach, providing renewable electricity, hydrogen, and water for Toyota's vehicle processing facility. This innovative technology supports Toyota's goal of reducing carbon emissions and demonstrates the benefits of hydrogen-based energy for zero-emission transportation.
Toyota Motor North America (TMNA) has established the North American Hydrogen Headquarters (H2HQ) to accelerate the advancement of fuel cell technology. The facility aims to research, develop, commercialize, and sell hydrogen-related products, with plans to include a flexible microgrid, customer education center, and more. This initiative reaffirms Toyota's commitment to zero-emission technology and reducing carbon emissions.
Toyota Motor North America (TMNA) announced new executive leadership changes to drive growth, enhance commitment to vehicle electrification, and prepare for future mobility. Jack Hollis becomes COO overseeing Sales, Marketing, Manufacturing, and more. Chris Reynolds assumes the role of chief strategy officer focusing on long-term growth and innovation.
Toyota partners with Argonne National Laboratory to investigate direct recycling process for lithium-ion batteries, focusing on cathode chemistries of nickel, manganese, and cobalt. The project aims to achieve cost and carbon footprint savings, contributing to Toyota's closed-loop battery ecosystem for sustainability.
CSU Dominguez Hills (CSUDH) and Toyota Motor North America (TMNA) have partnered to launch a program focused on transportation equity for underserved communities. The Center for Resilient, Equitable, and Sustainable Transportation (CREST) at CSUDH, funded by a $1.2 million grant from Toyota, will address mobility challenges faced by students and the wider community. The program aims to provide accessible, low, and zero emission mobility solutions through research, curricula, and internships. CSUDH will also receive 20 hybrid/electric vehicles from Toyota's KINTO carsharing program. Furthermore, CSUDH is developing a Metro Transit Hub along with the City of Carson to enhance public transportation options and create a campus Mobility Hub.
