Posts Tagged toyota

Tesla Model 3

Other Automaker Execs Still Don’t See Tesla As A Threat

AUTO INDUSTRY EXECUTIVES CONTINUE TO DOWNPLAY THE THREAT FROM TESLA Recently, another group of auto industry executives decided to brush off any notion that Elon Musk and company could pose a threat to their brand. Volkswagen CEO Herbert Diess said, “We see Volkswagen as the company that can stop Tesla, because we have abilities…

3 months ago by EVANNEX 29

Toyota City Uses Plug-In Hybrids To Balance Power Supply

Toyota has announced a pretty neat  “Virtual Power Plant” project in Toyota City, Japan utilizing its popular 2nd generation Prius Plug-In (AKA Prius Prime in the US), focusing on local production, and local consumption, of renewable electricity. The Plug-in Prii are to be used as one of several elements to regulate power on the…

3 months ago by Mark Kane 12

Toyota Sells All Remaining Shares Of Tesla

Toyota sold all of its remaining Tesla shares due to a lack of new developments related to the two automakers’ early partnership. Way back in July of 2010, Toyota made a smart move, following in the footsteps of Daimler the Japanese automaker purchased $50 million in Tesla stock. Daimler had…

5 months ago by Steven Loveday 21