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Mobility
Toyota to produce next-generation Corolla in China from 2028, including EV
Toyota plans to produce an all-electric version of its Corolla from 2028 in China, using a platform that supports EV, hybrid and internal combustion powertrains. Production will be carried out through FAW Toyota, its joint venture with state-owned automaker FAW Group. The next Corolla lineup is expected to include an EV, plug-in hybrid, hybrid and gasoline versions. Toyota also plans to produce next-generation Lexus EVs in China from 2027.
Industry
LG Electronics unveils brand video in New York\'s Times Square
LG Electronics on Oct. 19 unveiled a brand heritage video on an outdoor screen in New York\'s Times Square under the theme, \"Life Asks, LG Answers.\" The company said it aims to share its appliance innovation since its 1958 founding and its future vision with global customers. The video will also be shown at London\'s Piccadilly Circus and on major OTT platforms, featuring washing machines, refrigerators, design evolution, motor technology and robots.
AI & Enterprise
Physical AI alliance recast as execution platform, starts push for homegrown full stack
South Korea\'s government and industry will build a \"K-physical AI full stack\" linking local AI chips, models, software, robots, networks and data centres, shifting the alliance from policy discussion to an execution platform. The Ministry of Science and ICT launched the Physical AI Alliance\'s second term in Seoul. It will compress 40 tasks into three projects: a full stack platform, training centres and a physical AI promotion law. The alliance also reorganises its groups and links projects to R&D, pilots and policy finance.