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Toyota Motor North America, Inc. (Toyota) today announced “Empact,” a new vision to aid the transition of underserved communities to a future of electrified mobility. Empact is based on the combination of “environmental impact,” focusing on the company’s movements towards carbon neutrality, and “empowering action,”...

Orders of $7.6 billion for the quarter, up 12% year-over-year. Revenue of $5.7 billion for the quarter, up 18% year-over-year. GAAP operating income of $438 million for the quarter, up $160 million year-over-year. Adjusted operating income (a non-GAAP measure) of $512 million for the quarter, up 47% year-over-year. Adjusted EBITDA* (a non-GAAP measure) of $782 million for the quarter, up 25% year-over-year. GAAP diluted earnings per share...

US attracts $31.7 billion in VC investment in Q1’23, more than half of global total. Asia sees VC investment drop to $13.5 billion, lowest level since Q2’15. Alternative energy companies account for many of the largest VC deals in each region.LONDON--...

Energy, Automobile, EV, Renewable News
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