Toyota Industries

Third Wave Automation to Showcase Live Demo of Autonomous Forklifts at Modex 2024

Retrieved on: 
Thursday, March 7, 2024

UNION CITY, Calif., March 7, 2024 /PRNewswire/ -- Third Wave Automation, provider of autonomous forklifts powered by Shared Autonomy, today announced that it will provide a live demonstration of its autonomous TWA Reach forklifts and introduce the TWA Extended Reach forklift at Modex 2024, March 11-14 in Atlanta. With its Shared Autonomy platform, Armada fleet management system and multi-mode forklifts deployed commercially, Third Wave Automation enables warehouse operators to address labor challenges and improve safety, while achieving an immediate return on investment (ROI).

Key Points: 
  • UNION CITY, Calif., March 7, 2024 /PRNewswire/ -- Third Wave Automation , provider of autonomous forklifts powered by Shared Autonomy, today announced that it will provide a live demonstration of its autonomous TWA Reach forklifts and introduce the TWA Extended Reach forklift at Modex 2024 , March 11-14 in Atlanta.
  • During Modex 2024, Third Wave Automation will put the TWA Reach in action, showcasing real-world applications of artificial intelligence (AI) and robotics for autonomous forklifts in a warehouse scenario.
  • Third Wave Automation is a pioneer in materials handling automation, bringing its AI platform and shared autonomy technology to autonomous forklifts.
  • To learn more about Third Wave Automation and see the live demo, visit Modex booth C2585 in Building C, Level 1 .

TMC Strengthens Battery Production Capabilities

Retrieved on: 
Wednesday, March 6, 2024

Toyota City, Japan, Mar 6, 2024 - (JCN Newswire) - Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries.

Key Points: 
  • Toyota City, Japan, Mar 6, 2024 - (JCN Newswire) - Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries.
  • Toyota will continue collaborating with these companies in battery mass production and development.
  • The company's shift into mass-producing a wide variety of electric vehicle batteries will enable Toyota to respond flexibly to growing battery demand, while also helping to further boost mass-production competitiveness.
  • More competitive batteries will enhance the appeal of Toyota's electric vehicle offerings and contribute to achieving carbon neutrality through a multi-pathway approach.

Certification Irregularities at Toyota Industries

Retrieved on: 
Monday, January 29, 2024

Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - Today, Toyota Industries Corporation (TICO) reported to Toyota Motor Corporation (Toyota), which had commissioned TICO to develop diesel engines for automobiles, that it received a report from the special investigation committee (chaired by Mr. Hiroshi Inoue) that was commissioned to investigate potential irregularities of certification regulations related to inappropriate domestic emissions certification of engines for forklifts and construction machinery.

Key Points: 
  • Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - Today, Toyota Industries Corporation (TICO) reported to Toyota Motor Corporation (Toyota), which had commissioned TICO to develop diesel engines for automobiles, that it received a report from the special investigation committee (chaired by Mr. Hiroshi Inoue) that was commissioned to investigate potential irregularities of certification regulations related to inappropriate domestic emissions certification of engines for forklifts and construction machinery.
  • The investigation found that irregularities occurred during the horsepower output testing for the certification of three diesel engine models for automobiles that Toyota had commissioned to TICO.
  • We consider the appropriate process of certification to be a major prerequisite for doing business as an automobile manufacturer.
  • We recognize the gravity of the fact that the repeated certification irregularities at TICO, following those at Daihatsu, have shaken the very foundations of the company as an automobile manufacturer.

Boosting Growth Investment to Power Mobility Company Transformation Toyota-DENSO Capital Ties Revised

Retrieved on: 
Thursday, November 30, 2023

This is part of its transformation into a mobility company, stimulating mutual improvement through greater collaboration with highly specialized group companies.

Key Points: 
  • This is part of its transformation into a mobility company, stimulating mutual improvement through greater collaboration with highly specialized group companies.
  • By effectively leveraging funds obtained through the sale, Toyota can boost capital efficiency and achieve further growth for the Group, while maintaining the capital ties that have sustained a strong relationship.
  • Toyota plans to use the generated capital to make growth investments focused on electrification, intelligence, and diversification initiatives.
  • The Group will continue working as one to drive Toyota's transformation into a mobility company.

Raymond Welder Wins Gold For 2nd Consecutive Year In Global Toyota Material Handling Group Competition

Retrieved on: 
Wednesday, November 29, 2023

GREENE, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Raymond Corporation proudly announces that Jordan Taft, a welder at Raymond’s Greene, New York, facility, has won gold in the welding category of the international Toyota Material Handling Group (TMHG) Skills Competition and Chris Vrba, a welder at Raymond’s Muscatine, Iowa, facility, placed sixth among global contenders.

Key Points: 
  • GREENE, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Raymond Corporation proudly announces that Jordan Taft, a welder at Raymond’s Greene, New York, facility, has won gold in the welding category of the international Toyota Material Handling Group (TMHG) Skills Competition and Chris Vrba, a welder at Raymond’s Muscatine, Iowa, facility, placed sixth among global contenders.
  • “It was an honor to represent Raymond in the competition and secure the gold,” Taft said.
  • In the Assembly category of the global TMHG Skills Competition, assembler Jessica Vargus represented Raymond’s Muscatine facility and assembler Tom Morrison represented Raymond’s Greene facility.
  • For more information or to locate an authorized Raymond Solutions and Support Center, visit www.raymondcorp.com or call 800-235-7200.

In-Plant Logistics Market worth $19.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 11, 2023

The assembly/production lines segment is expected to account for the largest share of the in-plant logistics market based on location during the forecast period.

Key Points: 
  • The assembly/production lines segment is expected to account for the largest share of the in-plant logistics market based on location during the forecast period.
  • As these lines constitute the core operational zones within a facility, efficient in-plant logistics become paramount for the seamless movement of materials, components, and finished products.
  • The metals & heavy machinery industry is projected to account for the second-largest share of the in-plant logistics market during the forecast period.
  • These factors collectively position Asia Pacific as a pivotal and dominant player in the global in-plant logistics market.

In-Plant Logistics Market worth $19.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 11, 2023

The assembly/production lines segment is expected to account for the largest share of the in-plant logistics market based on location during the forecast period.

Key Points: 
  • The assembly/production lines segment is expected to account for the largest share of the in-plant logistics market based on location during the forecast period.
  • As these lines constitute the core operational zones within a facility, efficient in-plant logistics become paramount for the seamless movement of materials, components, and finished products.
  • The metals & heavy machinery industry is projected to account for the second-largest share of the in-plant logistics market during the forecast period.
  • These factors collectively position Asia Pacific as a pivotal and dominant player in the global in-plant logistics market.

Toyota Reaches Global Production of 300 Million Cars

Retrieved on: 
Monday, November 6, 2023

Toyota City, Japan, Nov 6, 2023 - (JCN Newswire) - Toyota Motor Corporation (TMC) has reached a cumulative global production total of 300 million cars, Including production numbers for September 2023.

Key Points: 
  • Toyota City, Japan, Nov 6, 2023 - (JCN Newswire) - Toyota Motor Corporation (TMC) has reached a cumulative global production total of 300 million cars, Including production numbers for September 2023.
  • It includes domestic and international production, with 180.52 million cars produced domestically, and 119.6 million produced abroad (as of end September 2023).
  • The model with the highest total production is the Corolla, with the Corolla series achieving cumulative global production of 53.399 million (as of the end September 2023).
  • Every time we faced the danger of being unable to make cars, everyone worked together to restore or adapt production.

Toyota: Development and Verification of Stationary Storage Battery System Using Electric Vehicle Storage Batteries

Retrieved on: 
Monday, May 29, 2023

Toyota City, Japan, May 29, 2023 - (JCN Newswire) - Tokyo Electric Power Company Holdings, Inc. (TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO's operating technology and safety standards for stationary storage batteries and Toyota's system technology for electrified vehicle storage batteries.

Key Points: 
  • Toyota City, Japan, May 29, 2023 - (JCN Newswire) - Tokyo Electric Power Company Holdings, Inc. (TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO's operating technology and safety standards for stationary storage batteries and Toyota's system technology for electrified vehicle storage batteries.
  • The storage battery market is expected to continue growing in light of the spread of renewable energy and electrified vehicles, as well as the global trend toward carbon neutrality.
  • To this end, TEPCO HD and Toyota have jointly developed a stationary storage battery system that can be used in combination with existing PCS*2 by connecting multiple storage batteries for electric vehicles.
  • In addition, TEPCO HD and Toyota will promote the use of storage batteries throughout society by continuing their efforts to build an energy system through local production for local consumption, and realize a recycling-oriented society for electrified vehicle storage batteries.

Automated Guided Vehicle Market worth $3.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 31, 2023

Assembly line vehicles facilitate the transportation of major subassemblies to the serial assembly process areas for the addition of various parts.

Key Points: 
  • Assembly line vehicles facilitate the transportation of major subassemblies to the serial assembly process areas for the addition of various parts.
  • Generally, these systems are integrated into overall production lines to decrease production time and ensure high productivity.
  • Europe accounted for the largest share of automated guided vehicle industry in 2023.
  • The report profiles key players in automated guided vehicle companies such as Daifuku (Japan), JBT (US), KION (Germany), Toyota Industries (Japan), KUKA (Germany) and others.