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BluE Nexus
BluE Nexus is a joint venture company established by Aisin and Denso in April 2019 to build powertrain systems for electric vehicles. Both Aisin and Denso are members of the Toyota Group and the Toyota Motor Corporation has a 10% stake in the company. The main product from BluE Nexus is the e-Axle, which integrates an electric motor, gears and inverter. Aisin makes the motor and gears while Denso makes the inverter. The e-Axle is used in the Toyota Mirai fuel cell vehicle along with the Lexus UX, Toyota C-HR/IZOA and Toyota bZ4X The Toyota bZ4X is a battery electric compact crossover SUV manufactured by Toyota. The vehicle debuted in April 2021 as the "bZ4X Concept". It is the first vehicle to be based on the e-TNGA platform co-developed by Toyota and Subaru, and the .../Subaru Solterra electric vehicles. BluE Nexus will also market the hybrid drive systems (including the Hybrid Synergy Drive) produced by Aisin. References External links * {{Company-stub ...
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Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ...
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Anjō
is a city in Aichi Prefecture, Japan. , the city had an estimated population of 188,693 in 76,087 households, and a population density of 2,193 persons per km². The total area of the city was . Geography Anjō is situated in southern Aichi Prefecture, approximately from central Nagoya, in the center of the Okazaki Plain, on the west bank of the Yahagi River. National Route 1 and National Route 23 provide the main east-west access through the city, with Aichi Prefectural Route 48 running between the two. Climate The city has a climate characterized by hot and humid summers, and relatively mild winters (Köppen climate classification ''Cfa''). The average annual temperature in Anjō is 15.6 °C. The average annual rainfall is 1576 mm with September as the wettest month. The temperatures are highest on average in August, at around 27.7 °C, and lowest in January, at around 4.4 °C. Demographics Per Japanese census data, the population of Anjō has grown rap ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Aisin
is a Japanese corporation that develops and produces components and systems for the automotive industry. Aisin is a Fortune Global 500 company, ranked 359 rankings. Aisin is a member of the Toyota Group of companies. Aisin was founded in 1965 and supplies engine, drivetrain, body and chassis, aftermarket, and other automotive parts for the Toyota Motor Corporation and other various major OEMs. In addition to automotive products, Aisin also offers life and amenity products (such as sewing machines and, from 1966 to 2020, mattresses), cogeneration and heat exchange systems, and welfare products, among others. History The company traces its origins to 1943, when was founded as a joint venture between the Toyota Motor Corporation and Kawasaki Aircraft Industries to produce aircraft engines for the Imperial Japanese Army Air Service. The company was quickly renamed after it was discovered that there was a pre-existing company with the same name. After the war, Tokai rename ...
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Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in t ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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Toyota Group
The is a group of companies that have supplier, vendor and investment relationships with Toyota Industries and Toyota Motor vehicle manufacturing facilities. It is similar to a ''keiretsu'' in that no particular entity has outright control over the entire group, although unlike most ''keiretsu'' it does not contain a major bank. Major group companies There are 16 major companies that make up the Toyota Group: Affiliates or partially owned subsidiaries * Kyoho kai group – Auto parts company – 211 companies. * Kyouei kai group – Logistic/facility company – 123 companies. * KDDI (Toyota owns 11.09% of the company) * Nagoya Broadcasting Network (Toyota owns 34.6% and is the largest single shareholder in the company; 36.9% of the stock are directly and indirectly (through TV Asahi Holdings Corporation) owned by the Asahi Shimbun Company, making it the largest corporate group shareholder) * Subaru Corporation, manufacturer of Subaru automobiles. (Toyota owns 20% and is the ...
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Toyota Motor Corporation
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader i ...
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Toyota Mirai
The (from , Japanese for 'future') is a mid-size hydrogen fuel cell vehicle (FCV) manufactured by Toyota, and is one of the first FCV automobiles to be mass-produced and sold commercially. The Mirai was unveiled at the November 2014 Los Angeles Auto Show. , global sales totaled 17,940 units; the top-selling markets were the U.S. with 9,274 units, Japan with 6,618 and the rest of the world with 2,048. Under the U.S. Environmental Protection Agency (EPA) cycle, the 2016 model year Mirai has a total range of on a full tank. The MPG-equivalent combined city/highway fuel economy rating was , making the Mirai the most fuel-efficient hydrogen fuel cell vehicle rated at the time by the EPA, and the one with the longest range. ''One kg of hydrogen is roughly equivalent to one U.S. gallon of gasoline.'' In August 2021, the second-generation Mirai set a world record of traveling with a full tank of 5.65 kg hydrogen. Sales in Japan began on 15 December 2014 at (~) at ''Toyota St ...
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Lexus UX
The is a subcompact luxury crossover SUV from Lexus, a luxury division of Toyota. It was introduced at the March 2018 Geneva Motor Show as the smallest crossover model in Lexus' lineup, slotted below the compact NX. It is also the first Lexus model based on the same GA-C platform as the E210 series Toyota Corolla. The "UX" name stands for "Urban Explorer". According to Lexus, the vehicle has a "bold and stylish design that blends expressive bodywork with a compact size". Lexus espouses the UX's "crossover credentials" via "exceptional body rigidity and a low center of gravity for exceptional handling". The UX comes equipped with Lexus Safety System+ 2.0 as standard equipment. __TOC__ Concept model Variants UX 200 The UX 200 is powered by a 2.0 L '' M20A-FKS'' I4 petrol engine mated with a ''Direct Shift'' continuously variable transmission/CVT and front-wheel drive only configuration. UX 250h/260h The UX 250h (sold in China as the UX 260h) is powered b ...
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