Toyota's diversified approach to electrification paid off in a big way in 2024. Let's check out some sales highlights so far this year: https://lnkd.in/gaYj24qE #MobilityforAll #LifeatToyota
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🔋🚗 Exciting News from Toyota Motor Corporation! 🚗🔋 Toyota North America's $13.9 billion battery complex in Liberty, North Carolina, is set to revolutionize the automotive industry. Scheduled to start production next year and fully operational by 2028, this state-of-the-art facility will employ 5,100 people and produce 30 GWh of batteries annually, powering Toyota and Lexus hybrids, plug-in hybrids, and electric vehicles. With the first EV batteries expected in 2025, this investment underscores Toyota's commitment to innovation and sustainability, aiming to achieve carbon neutrality by 2050 through the use of 100% renewable energy at the facility. Beyond production, Toyota is actively engaging with local communities, offering job opportunities and training programs to ensure a skilled workforce for the future. This commitment to sustainability and community development positions Toyota's battery complex as a beacon of progress, driving towards a greener, cleaner automotive future. #ElectricVehicles #Automotiveindustry #EV #vehicletechnology.🌱🚗
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🇧🇷 10 Revving Up Brazil's Automotive Industry in 2024 🇧🇷 🏎️💨 Buckle up! The Brazilian automotive industry is shifting gears in 2024 📌 Here are 10 key stories driving the conversation: 1. Hybrid Flex-Fuel Revolution: Toyota Motor Corporation ignited a spark with a $2 billion investment to build a hybrid flex-fuel vehicle, catering to Brazil's unique ethanol-powered market. 2. Investment Frenzy: Stellantis isn't holding back, pledging a hefty $6 billion to strengthen its Brazilian operations, signaling strong belief in the market's potential. 3. General Motors Steps on the Gas: Not to be left behind, GM announced a $1.4 billion investment by 2028, showcasing their commitment to the Brazilian market as well. 4. BYD Charges Forward: The Chinese electric vehicle giant, BYD, is making a serious play in Brazil with a $620 million investment for a new industrial complex, indicating a growing EV market. 5. #FlexFuel Still King: Despite the EV push, flex-fuel vehicles remain the dominant force, with sales figures in 2022 reaching a staggering 83.3% according to ANFAVEA (National Association of Vehicle Manufacturers). 6. Hyundai Motor Company (현대자동차) HB20 Holds the Crown: The Hyundai HB20 continues its reign, remaining the best-selling passenger car in Brazil for 2022. 7. FCA Fiat Chrysler Automobiles (#Fiat) Strada Rules the Road: #Fiat maintains its stronghold on the light commercial vehicle market with the Strada topping sales charts in 2022. 8. Shifting Gears to Online Retail: The rise of online car buying platforms is transforming the Brazilian automotive retail landscape, forcing dealerships to adapt their strategies. 9. Customer Satisfaction in the Driver's Seat: Dealers are prioritizing customer feedback data more than ever, aiming to improve trust and drive growth. 10. Software Revolution on the Horizon: The industry is witnessing a surge in software-defined vehicle technologies, with #OEMs (Original Equipment Manufacturers) actively exploring its potential to reshape the driving experience. This list is just a glimpse into the exciting developments happening in Brazil's automotive industry. #Brazil #AutomotiveIndustry #ElectricVehicles #FlexFuel #Investments #FutureofMobility #varnitsays #varnitwrites
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🚗🌱 Toyota Unveils Next-Gen Compact Engines Adaptable to Multiple Fuel Types! ⛽🌟 Exciting news from the automotive industry! Toyota has introduced its latest innovation in engine technology, showcasing next-generation compact engines that are adaptable to multiple fuel types, including traditional gasoline and alternative fuels. 🛠️🔋 This breakthrough represents a significant step forward in Toyota's commitment to sustainability and environmental responsibility, offering drivers greater flexibility while reducing emissions and fuel consumption. 🌱🔌 As advocates for innovation and sustainability, let's applaud Toyota's efforts to push the boundaries of automotive engineering and pave the way for a greener future on the roads. 🌍🚗 Together, let's drive towards a more sustainable and eco-friendly transportation ecosystem. 🌟🚗 #Toyota #EngineTechnology #Sustainability #Innovation
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AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q4 & FULL YEAR 2023 RESULTS: GROWTH IN UNIT SALES & SALES REVENUE, DECLINE IN PROFITABILITY. - 2/2: RESULTS PRESENTATION. Q4 2023 Unit Deliveries: 199,600 vehicles or +7% vs Q4 2022 Full Year 2023 Unit Deliveries: 708,700 vehicles or +15% vs Full Year 2022 Q4 2023 Sales Revenue: SEK 109.4B (approximately $15.52B) or +4% vs Q4 2022 Full Year 2023 Sales Revenue: SEK 399.3B (approximately $38.4B) or +21% vs Full Year 2022 Q4 2023 Net Profit: SEK 3.3B (approximately $317M) or +17% vs Q4 2022 Full Year 2023 Net Profit: SEK 14.1B (approximately $1.36B) or -17% vs Full Year 2022 $1 = SEK 10.40 Volvo Cars' 2023 Results Presentation below includes many updates on their electrification roadmaps as well as an economic evaluation of Volvo Cars' EV business. #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #roadtransportation #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization ##2023results #q42023results #outlook #2024outlook #volvo #volvocars #geely #polestar
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Volkswagen Group Maintains Steady Global Deliveries in First Half of 2024 Volkswagen Group has reported stable delivery figures for the first half of 2024, matching the previous year’s performance despite a challenging market environment. The company delivered a total of 4.35 million vehicles worldwide, just slightly below the 4.37 million vehicles delivered in the same period in 2023. The group’s performance was buoyed by significant growth in North America, where deliveries increased by 8%, and in South America, which saw a 15% rise. Western Europe also contributed positively with a 2% increase in deliveries. However, these gains were almost offset by declines in other regions, particularly in China, where deliveries fell […] - https://lnkd.in/dNTkt7HN #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #electricvehicles #europe #germany #sustainablegrowth #volkswagen
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We just published a roundup of the zero-emission truck and bus market in the #EU over 2023. It was a powerful year for #electric powertrains in the heavy-duty sector with some 11,000 zero-emission vehicles sold over the course of the year. 🚌 Shares of electric buses rocketed over the course of the year to a remarkable 18%. Electric city buses drove the transition reaching a 43% (!) sales share by the end of the year. Electric city buses overtook the shares of fossil fuelled vehicles for the first time in any transport sector in Europe in 2023. 🚛 2,600 electric heavy trucks were sold in 2023, breaching a 1% sales share for the first time. Volvo Group are leading the transition by a mile - nearly 3 out of 4 electric heavy trucks sold came from either Volvo Trucks or Renault Trucks. 🚚 Just under 5% of all light and medium trucks were electric in 2023, and just a handful of zero-emission models dominate the sector. The E-Transit from Ford Otosan made up over 60% of sales over the year followed by the E-Ducato from Fiat. Lots more insights available from our market monitor here: https://lnkd.in/duTyrs_9
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Toyota posts record profit, driven by increased sales and a weak yen. Apart from the weak yen, a big factor was a 31-percent jump to 3.7 million in sales of hybrid vehicles. However, decrease in operating profit is forecasted in the next fiscal year, as the firm increases investments in becoming a mobility player (EV, hydrogen offerings). https://lnkd.in/dsG-eA3M
Toyota posts record ¥4.94 tril net profit
japantoday.com
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AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q2 & H1 2024 RESULTS: GROWTH IN UNIT SALES, SLIGHT DECLINE IN REVENUE, STRONG IMPROVEMENT IN PROFITABILITY. Q2 Unit Sales: 205.4k vehicles or +15% vs Q2 2023 H1 2024 Unit Sales: 388.1k vehicles or +14% vs H1 2023 Q2 2024 Sales Revenue: SEK 101.5B (approximately $9.63B) or -1% vs Q2 2023 H1 2024 Sales Revenue SEK 195.3B (approximately $18.5B) or -1% vs H1 2024 Q2 2024 Net Profit SEK 5.7B (approximately $540.4M) or +60% vs Q2 2023 H1 2024 Net Profit SEK 9.2B (approximately $872.3M) or +23% vs H1 2023 Conversion Rate: $1 = SEK 10.547 Below is Volvo Cars' Q2 & H1 2024 results presentation with more detailed analysis and updates, including on their electrification strategy & its deployment. #vehiclesales #vehicleregistrations #trucksales #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #H12024 #H12024results #Q22024 #Q22024results #outlook #2024outlook #volvocars #geely #polestar
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🚫🚫🚫 Toyota has issued a warning about the impact of the Zero Emission Vehicle (ZEV) mandate on the auto industry, highlighting the significant challenges it presents. As the industry shifts towards electric vehicles, it's crucial to consider the implications of these mandates. This is a critical issue that we cannot ignore. Toyota's insights shed light on the hurdles manufacturers will face as they strive to meet ZEV requirements. It's a conversation that deserves attention and consideration from all stakeholders in the automotive sector. Let's engage in a meaningful dialogue about the future of clean transportation. Read more about this important topic on Autocar. #Toyota #ZEV #CleanTransportation https://ift.tt/xVzlG9g
🚫🚫🚫 Toyota has issued a warning about the impact of the Zero Emission Vehicle (ZEV) mandate on the auto industry, highlighting the significant challenges it presents. As the industry shifts towards electric vehicles, it's crucial to consider the implications of these mandates. This is a critical issue that we cannot ignore. Toyota's insights shed light on the hurdles manufacturers will ...
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AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q2 & H1 2024 RESULTS: GROWTH IN UNIT SALES, SLIGHT DECLINE IN REVENUE, STRONG IMPROVEMENT IN PROFITABILITY. Q2 Unit Sales: 205.4k vehicles or +15% vs Q2 2023 H1 2024 Unit Sales: 388.1k vehicles or +14% vs H1 2023 Q2 2024 Sales Revenue: SEK 101.5B (approximately $9.63B) or -1% vs Q2 2023 H1 2024 Sales Revenue SEK 195.3B (approximately $18.5B) or -1% vs H1 2024 Q2 2024 Net Profit SEK 5.7B (approximately $540.4M) or +60% vs Q2 2023 H1 2024 Net Profit SEK 9.2B (approximately $872.3M) or +23% vs H1 2023 Conversion Rate: $1 = SEK 10.547 Below is Volvo Cars' Q2 & H1 2024 results presentation with more detailed analysis and updates, including on their electrification strategy & its deployment. #vehiclesales #vehicleregistrations #trucksales #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #H12024 #H12024results #Q22024 #Q22024results #outlook #2024outlook #volvocars #geely #polestar
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