Previous close | 1.5500 |
Open | 1.5500 |
Bid | 0.0000 |
Ask | 3.0000 |
Strike | 105.00 |
Expiry date | 2026-01-16 |
Day's range | 1.5500 - 1.5500 |
Contract range | N/A |
Volume | |
Open interest | 6 |
During a three-hour presentation at a Tokyo hall Tuesday, the car manufacturer giant announced it would offer lean compact engines that also run on so-called green fuels like hydrogen and bioethanol, or get paired with zero-emissions electric motors in hybrids. This comes as many competitors in the auto industry are pushing for fully electric vehicles. China is revving its push for Battery Electric Vehicles, and its own BYD is threatening to outshine Tesla in that push.
Proxy advisory firm Glass Lewis has recommended Toyota Motor shareholders vote against re-electing Chairman Akio Toyoda at the Japanese automaker's annual general meeting in June, saying the board was not sufficiently independent. Toyoda, the grandson of the company's founder and previously its chief executive, last year was re-elected to the board with around 85% approval, a drop from the previous year's almost 96%. That represented a rare rebuke in corporate Japan where board members are frequently re-elected with near unanimous shareholder endorsement.
TOKYO (Reuters) -Toyota Motor showcased next-generation engines on Tuesday that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and doubles down on its strategy of selling more than just EVs. Toyota owns about a fifth of Subaru and roughly 5% of Mazda. The three said their efforts will help decarbonise internal combustion engines by making them compatible with alternative fuel sources such as e-fuels and biofuels.