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Toyota AI Ventures Launch New $100M Fund
LOS ALTOS, Calif. (May 2, 2019) – Silicon Valley-based venture capital firm Toyota AI Ventures (TAIV) today announced Fund II, a new $100 million fund dedicated to investing in early-stage startups developing disruptive technologies and business models in the autonomous mobility and robotics markets. Led by founding Managing Director Jim Adler, who also serves as executive advisor at the Toyota Research Institute (TRI), Toyota AI Ventures was founded in July 2017 as a subsidiary of TRI. In less than two years, Toyota AI Ventures has invested in a diverse portfolio of 19 startups. Fund II brings the firm’s total assets under management to more than $200M to invest in and support promising startups around the world.
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Toyota Motor North America Reports April 2019 Sales
PLANO, Texas (May 1, 2019) – Toyota Motor North America (TMNA) today reported April 2019 sales of 183,866 vehicles, a decrease of 4.4 percent on a volume basis and a decrease of 8.2 percent on a daily selling rate (DSR) basis versus April 2018.
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Toyota 86 Pays Tribute to International Racing with Limited Hakone Edition
PLANO, Texas (April 30, 2019) — Two hours southwest of Tokyo lies one of the great driving roads in the world, the Hakone Turnpike. This famous stretch of road is on the top of many bucket lists, and Toyota is paying tribute to this iconic spot, as well as other international sports car driving, with the 86 Hakone Edition.
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The Future of Zero-Emission Trucking Takes Another Leap Forward
LOS ANGELES (April 22, 2019) – Toyota, Kenworth, the Port of Los Angeles and the California Air Resources Board (CARB) today took the next great leap towards the future of zero-emission trucking, unveiling the first of Toyota and Kenworth’s jointly developed fuel cell electric heavy-duty trucks (FCET). The unveiling was before a crowd of media, government officials and industry and community leaders during a special event held at the Port of Los Angeles.
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Improving Sustainability, One Building at a Time
PLANO, Texas (April 22, 2019) – As Toyota’s footprint continues to grow in North America, so does their dedication to the environment and society through Toyota’s Environmental Challenge 2050. Announced in 2017, the ambitious program emboldens the global mobility leader to go beyond zero environmental impact and achieve a net positive impact. Part of that challenge; ensuring new Toyota facilities are constructed and operated sustainably. That commitment has resulted in Toyota’s two newest U.S. facilities being certified LEED Platinum, the U.S. Green Building Council’s (USGBC) highest rating.
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