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Showing posts with the label #BYD

DAILY INNOVATION BRIEF by Edward Kane

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  D AILY INNOVATION BRIEF                                                                                                          By Journalists Edward Kane & Maryanne Kane HYUNDAI'S CRAB DRIVING ELECTRIC CAR                                                     Source:  Hyundai South Korean automaker Hyundai has created a crab driving, electric vehicle that can parallel park into a tight parking space on autopilot This remarkable piece of automotive engineering can also drive sideways Hyundai just debuted its e-Corner sys...

Toyota and China's BYD Team-up on EVs

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Despite Pandemic, New EV Business Opening in May Source:  Toyota Electric Concept Car Despite the coronavirus pandemic and the virtual shutdown of the automotive industry, Toyota  just formalized a partnership with China's BYD. BYD is backed by US investor Warren Buffet and is one of China's leading electric automaker.   They're combining forces to develop quality  performance, electric vehicles and the batteries to power them.   New Company with May Start Date They're forming a new company, BYD Toyota EV Technology Co. They say they hope to start operations in May. Hirohisa Kishi of Toyota will be Chairman. Zhao Binggen of BYD will be CEO.  The vehicles will be designed for Chinese consumers. Toyota Going Electric For the past decade, Japan based Toyota has focused on hybrid vehicles. It now intends to extend that focus to include all electric vehicles. Toyota is targeting one-half million EV sales starting in 20...