page contents
Connect with us

Business

Toyota to offer free access on their hybrid vehicle secrets.

Published

on

Car manufacturer Toyota is to offer royalty-free access to its hybrid vehicle technology patents until 2030.

It is part of a move to promote hybrid cars as a bridge to fully electric vehicles (EVs).



It will grant licences for nearly 24,000 patented technologies relating to motors, converters and batteries.

The Toyota-designed Prius was the world’s first mass-produced hybrid car and the firm has sold 13 million hybrid cars since its introduction.

“Based on the high volume of inquiries we receive about our vehicle electrification systems from companies that recognise a need to popularise hybrid and other electrified vehicle technologies, we believe that now is the time for co-operation,” said Toyota’s executive vice-president Shigeki Terashi in a statement.

Chinese firms are particularly interested in the technology and have ambitious plans to become a world leader in fully electric vehicles by 2025.

Hybrid cars combine a conventional combustion engine with an electric motor. They offer high fuel efficiency, low emissions and do not require charging infrastructure

Toyota has helped to make them mass market, but concentrating on developing them has meant that the Japanese car giant has fallen behind in making fully-electric alternatives.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Despite starting development on the technology back in the 1980s, it has no mass market electric vehicle on offer yet.

Norway currently has the highest penetration of electric cars, with 10% of all vehicles on the road being EVs as of 2018

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading
Advertisement

24 Hours Across Africa

India dismissed 15 top officials

Published

on

images

Source:Reuters

India on Tuesday sacked 15 senior tax officials facing probes in corruption cases, sending across a tough message to bureaucrats taking kickbacks for facilitating tax evasion by companies, a government statement said.

DOWNLOAD ANTTENTION FRESH NEWS ON THE GO APP

Last week, the government had dismissed 12 income tax officials who were mainly facing corruption charges.

India improved its ranking, among 180 countries, by three points to 78th on a global corruption index in 2018, according to the annual index of the Transparency International, an anti-graft watchdog.


@ Anttention Fresh,                
We work hard to ensure that any news brought to you is legitimate and valuable so we leave out the noise. This material, and other digital content on this website, may be reproduced, published, broadcast, rewritten or redistributed in whole or in part BUT give us credit as source.

JOIN AN ONLINE LEARNING COMMUNITY CLICK IMAGEonline training

Continue Reading

Business

Egypt Ranks 2nd Amidst World Emerging Economies.

Published

on

Amidst the 21 most flexible emerging economies worldwide, Renowned Bloomberg has listed Egypt’s economy behind Philippines in the face of the global trade war.

DOWNLOAD ANTTENTION FRESH NEWS ON THE GO APP

In its analysis, the Bloomberg agency relied on a set of criteria, most important of which being the GDP growth rate, local currency performance against international currencies, foreign exchange reserves, credit rating, and finally current account performance.

The Egyptian cabinet’s Media Center said in a statement on Monday that indicators of the Egyptian economy improved significantly during the recent period, most notably the choice of the Egyptian pound as the second-best performing currency in the world against the US dollar this year so far, according to Bloomberg.

Of these indicators, GDP growth in the third quarter of fiscal year 2018/2019 reached 5.6 percent, alongside a rise in net foreign exchange reserves by the end of May 2019 to US$44.3 billion, with the current account deficit as a percentage of the GDP declined from 6.1 percent in 2016/2017 to 2.4 percent in 2017/2018.

The statement added that the Egyptian credit rating achieved its best level since 2011 after the agencies of Moody’s, Fitch and Standard & Poor’s upgraded Egypt’s credit rating.

-Egyptian Independent


@ Anttention Fresh,                
We work hard to ensure that any news brought to you is legitimate and valuable so we leave out the noise. This material, and other digital content on this website, may be reproduced, published, broadcast, rewritten or redistributed in whole or in part BUT give us credit as your source. 

JOIN AN ONLINE LEARNING COMMUNITY CLICK IMAGEonline training

Continue Reading

Facebook

Advertisement
Flag Counter
Advertisement

Trending

Copyright © 2018 Anttention Media. All rights reserved