Tag: Toyota

€458 Million Penalty: The High Cost of Auto Industry Cartels

Posted on by Haptic

The Commission has fined 15 major car manufacturers and the European Automobiles Manufacturers’ Association (ACEA) a total of around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle recycling. Mercedes-Benz was not fined, as it revealed the cartel to the Commission under the leniency programme. All companies admitted their involvement in the cartel and agreed to Read more about €458 Million Penalty: The High Cost of Auto Industry Cartels[…]

Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business

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Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announce today an agreement to begin studying the feasibility of a joint automotive prismatic battery business. This agreement between the two companies aims to help find solutions to pressing societal issues such as global warming, air pollution, the depletion of natural resources and energy security. Furthermore, this Read more about Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business[…]

Toyota Research Institute Brings Artificial Intelligence to the Hunt for New Materials

Posted on by Haptic

The Toyota Research Institute (TRI) will collaborate with research entities, universities and companies on materials science research, investing approximately $35 million over the next four years in research that uses artificial intelligence to help accelerate the design and discovery of advanced materials.  Initially, the program will aim to help revolutionize materials science and identify new Read more about Toyota Research Institute Brings Artificial Intelligence to the Hunt for New Materials[…]

Wearable Mobility Device for the Blind and Visually Impaired Being Developed by Toyota

Posted on by Haptic

Mobility is empowering. That’s why Toyota is working to develop a wearable device for the blind and visually impaired that will help them do more with greater freedom, independence and confidence. Called Project BLAID, it reflects the company’s commitment to enrich lives by advancing the freedom of mobility for all. The device will help fill Read more about Wearable Mobility Device for the Blind and Visually Impaired Being Developed by Toyota[…]