Toyota E-Car Research
Deliverable:
· What growth modes is your car company using to enter/succeed in the Ecar segment?
· Have not done any M&A (so far)
· What is your evaluation of those actions?
· Focus on the background
· Should be analyzing what they have already done, then project where they will go from where they are now
Agenda:
· Background → mission as a company → Kevin
· What they do, what theyre about, how they do it
· History of how they got into the e-car
· Contracts- was this useful?
· Build - factories built, batteries, patents → Hector
· Reference the main figure of can you build here?
· Why?
· Borrow - via partnerships, alliances, etc → Maddie
· Batteries
· Subaru partnered
· Reference figure and stop at borrow
· Buy → Potentially Casiah
· look for any acquisitions or mergers regarding electric vehicles
· takes us into the next steps slide
· Next steps → Casiah
· Self-driving
· Potentially partnering with tesla
· How does this fit into the growth modes that we just discussed?
· Were these growth modes effective for Toyta to expand into the e-car segment? → Kevin
· Recap of what we learned and which class frameworks we used to do it
Websites:
· Build:
o https://pressroom.toyota.com/akio-toyoda-shares-toyotas-strategy-for-achieving-carbon-neutrality-through-battery-electric-vehicles/
o https://global.toyota/en/newsroom/corporate/36428993.html
o https://www.thedrive.com/tech/43978/toyota-has-a-new-ev-strategy-heres-where-we-think-its-headed
o https://www.gearpatrol.com/cars/a38078795/toyota-wireless-vehicle-to-vehicle-electric-car-charging/ - Toyota patent
o https://www.agrinews-pubs.com/news/farm-equipment/2021/12/27/toyota-to-build-13b-electric-vehicle-battery-plant/ - building factory for batteries
· Borrow:
o https://www.reuters.com/business/autos-transportation/suzuki-daihatsu-join-toyota-ev-joint-venture-2021-07-21/ - Suzuki and Daihatsu
o https://electrek.co/2021/12/02/toyota-partners-byd-affordable-electric-car/
§ https://www.greencarreports.com/news/1127687_byd-and-toyota-detail-electric-vehicle-joint-venture-for-china-
§ Toyota partners with multiple companies to make batteries for electric cars
o https://www.bloomberg.com/news/articles/2021-11-11/subaru-unveils-its-first-all-electric-suv-developed-with-toyota - Toyota and Subaru partner up
o https://www.tesla.com/blog/tesla-motors-and-toyota-motor-corporation-intend-work-jointly-ev-development-tm Toyota and Tesla
· Buy:
o https://www.reuters.com/technology/toyota-buys-software-firm-renovo-accelerate-self-driving-tech-development-2021-09-28/ Toyota buys software firm Renovo (relates to electric vehicle?)
Most recent and successful acquisition they have
Whats next?
· Self-driving
· Potentially partnering with tesla
· How does this fit into the growth modes that we just discussed? ·
Random sources that might useful
o https://www.cnet.com/roadshow/news/toyotas-chief-scientist-explains-why-maximum-ev-range-isnt-necessarily-the-best-idea/