Japan's automakers are stoking R&D investment to meet mounting demand for a staggering array of technologies. Toyota by far outpaces the pack.
Japanese carmaker financials show how the COVID pandemic and the chip shortage continue to challenge them — despite positive fundamentals.
The Corolla Cross H2 Concept is just one of many advancements in hydrogen combustion that Toyota rolled out at Fuji Speedway. Toyota is about 40 percent of the way toward commercializing its hydrogen combustion technology, a top executive says.
In a world gone gaga for EVs, the redesigned coupe is a no-excuses gasoline-burning 400-hp speedster built for a brand struggling to reignite excitement.
The automaker is making up for lost time in its newest EV spending plan. But it's still playing it safe on its long-range outlook.