Search results for Koji Sato
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.
Mobility
Sony-Honda EV project scrapped as \'Team Japan\' stumbles on financial strain
Sony Honda Mobility has halted development and launches of its Afeela 1 and 2 electric vehicles and is reviewing its business direction. The decision comes as Honda faces a worsening environment for its EV business after booking losses tied to investment write-downs. The article also flags Toyota’s push to loosen production standards and expand U.S. investment, Volkswagen’s planned additional investment in Rivian, Google’s move to open Android Automotive OS, and intensifying competition in robotaxis and autonomy.
Industry
Toyota CEO says company cannot survive without change as auto industry anxiety rises
Toyota is warning of a crisis in the auto industry and is pushing to relax production standards. CEO Koji Sato said at a recent supplier meeting that the company cannot survive as things stand. Automotive News reported he also said Toyota is fighting for survival. Toyota plans to ease strict quality standards for parts customers do not see and to reduce tooling requirements for suppliers.