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Back to the future: Toyota sets sights on old-car upgrades in zero-emissions drive

CHIBA, Japan (Reuters) - In an eye-catching bid to show that cars can be clean while appealing to old-school petrolheads, Toyota Motor (NYSE:TM) on Friday showcased...
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CHIBA, Japan (Reuters) - In an eye-catching bid to show that cars can be clean while appealing to old-school petrolheads, Toyota Motor (NYSE:TM) on Friday showcased zero-emission versions of its 1980s sports range, which still boasts a strong global fan base.

At an industry event for customised cars in Chiba, east of Tokyo, the Japanese automaker unveiled two cars of the AE86 generation, one modified as a battery-electric vehicle and the other as a hydrogen-engine model.

Toyota President Akio Toyoda said remodelling existing cars needed to be explored as an option to achieve a goal of zero carbon emissions by 2050. In Japan, only one in about 20 cars on the road are new, and older ones are mainly powered at least partly by gasoline.

"It's important to leave a choice for cars that are already loved or owned by someone," Toyoda, a self-confessed car-lover and race-car driver, said at the event.

A relative newcomer to the mass EV market, Toyota has plans to invest $70 billion to electrify its vehicles and produce more batteries, and aims to sell at least 3.5 million battery electric models (BEVs) in 2030.

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27-02-2024 11:13:06 (UTC+7)

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EUR/USD

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FTSE 100

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Deutsche Lufthansa AG

7.237

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174.90

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    EUR/USD 1.0854 Buy  
    GBP/USD 1.2681 Buy  
    USD/JPY 150.43 ↑ Sell  
    AUD/USD 0.6541 ↑ Buy  
    USD/CAD 1.3506 Sell  
    EUR/JPY 163.27 ↑ Sell  
    EUR/CHF 0.9545 Sell  
    Gold 2,043.20 ↑ Buy  
    Silver 22.777 ↑ Buy  
    Copper 3.8497 ↑ Buy  
    Crude Oil WTI 77.56 ↑ Buy  
    Brent Oil 81.64 ↑ Buy  
    Natural Gas 1.738 ↑ Buy  
    US Coffee C 180.10 ↑ Buy  
    Euro Stoxx 50 4,864.15 Neutral  
    S&P 500 5,069.53 ↑ Sell  
    DAX 17,423.23 ↑ Sell  
    FTSE 100 7,684.30 Neutral  
    Hang Seng 16,565.00 Sell  
    Small Cap 2000 2,029.05 ↑ Sell  
    IBEX 35 10,138.40 Sell  
    BASF 46.330 ↑ Buy  
    Bayer 28.59 ↑ Buy  
    Allianz 245.65 Neutral  
    Adidas 188.20 Neutral  
    Lufthansa 7.237 ↑ Buy  
    Siemens AG 174.90 ↑ Buy  
    Deutsche Bank AG 12.302 ↑ Buy  
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Cập nhật 27-02-2024 11:13:08
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Sản phẩm Vùng 1 Vùng 2
RON 95-V24.10024.580
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Ngoại tệMua vàoBán ra
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GBP30.447,5531.743,27
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KRW16,0119,40
Cập nhật lúc 11:06:16 27/02/2024
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