Japanese Stocks Rally on Optimism Over Iran Deal
Trading Economics·Kia launches a ‘full-scale attack’ as its first EV storms into Japan’s forbidden land
Electrek·- Kia has launched its first electric vehicle, the PV5, marking its entry into the Japanese market. - This move aims to challenge dominant local brands such as Toyota, Honda, and Nissan, which hold around 90% of new-car sales. - Kia intends to leverage the gap left by Japanese automakers that have been slow to adopt electric vehicles, primarily focusing on hybrids.Consumer Tech News (May 4- 8): Big Tech Gain On AI Momentum, Pentagon Awards $500M AI Contract & More
benzinga_article·- The Pentagon’s Chief Digital and Artificial Intelligence Office awarded a $500 million contract to Scale AI, a significant increase from last year's agreement. - U.S. employers announced 83,387 job cuts in April, a 38% rise from March, highlighting ongoing economic challenges. - The White House and Pentagon differ on using Anthropic’s AI systems, escalating the debate over national security and access to advanced AI tools.Key facts: Toyota Q4 EPS $2.68, Rev $77.64B; Electrified 46.9%, BEV 63k
TradingView·- Toyota Motor is set to report its quarterly results for the period ending March 31, 2026, with analysts projecting an EPS of $2.68 and revenue of approximately $77.64 billion, reflecting a 4.2% decline year-over-year. - In Q3, electrified vehicles accounted for 46.9% of Toyota and Lexus sales, with battery electric vehicle (BEV) deliveries increasing to around 63,000, up from about 32,000 in the previous year. - This signifies a notable year-over-year increase in BEV volumes for the company.Toyota and Abdul Latif Jameel Motors conduct hydrogen bus trial in Saudi Arabia
electrive·- Toyota and its Saudi partner ALJ Motors operated a hydrogen fuel cell bus during the Yanbu Flower Festival from April 19 to April 23, 2026, on a public route in Yanbu. - The bus, a CaetanoBus H2.City Gold, is powered by a Toyota fuel cell stack and has a range of up to 400 kilometres, accommodating between 64 to 95 passengers. - This initiative is part of a broader effort to demonstrate hydrogen fuel cell technology's potential for public transportation in Saudi Arabia, aiming to enhance awareness and operational insights for zero-emission mobility solutions.Toyota supplier Denso expects FY 2027 profit drop on Middle East uncertainty, spending
CNA·- Denso, a key supplier for Toyota, projects a 9.5% decline in its operating profit for the financial year, expecting 500 billion yen ($3.13 billion) due to Middle East uncertainties and increased investment spending. - This forecast follows a strong fourth-quarter performance where operating profit surged by 50% to 176.6 billion yen, surpassing analyst expectations. - Denso, which relies heavily on Toyota, reported revenue growth despite rising production costs and tariffs in the previous year.03:00 ETDEEPX and Hyundai Motor Group Robotics LAB Partner to Develop Next-Generation Physical AI Compute Platform for Robotics
prnewswire·- DEEPX and Hyundai Motor Group's Robotics LAB have formed a strategic partnership to develop a next-generation Physical AI computing platform for robotics. - This collaboration focuses on creating an architecture capable of real-time operation of large-scale generative AI models in robotic systems, emphasizing Vision-Language-Action (VLA) and Vision-Language Model (VLM) technologies. - As the Physical AI semiconductor market is expected to reach $123 billion by 2030, the partners aim to advance ultra-low-power AI technology for robotics and autonomous systems.bZ4x Time Attack Is Toyota Racing Prototype
cleantechnica·- Following the Chicago Auto Show, Toyota introduced the bZ Time Attack Concept, aiming to stress test its current EV architecture rather than merely showcase design. - This vehicle emphasizes sustained performance and seeks to understand the limits of the powertrain through advanced engineering, focusing on thermal management and continuous load behavior. - The bZ Time Attack signals Toyota's commitment to electric performance, marking a shift from viewing EVs as mere compliance vehicles to treating them as a serious discipline in automotive engineering.Zacks Industry Outlook Highlights Nissan, NIO and Toyota
nasdaq·- The Zacks Automotive – Foreign industry is showing a promising outlook, particularly driven by China’s growth in new-energy vehicles (NEVs). - While Japan's auto market remains stable amid slight contractions, Europe faces challenges with declining vehicle registrations. - Nissan, NIO, and Toyota are well-positioned to leverage evolving market opportunities, with significant growth projections for their sales and electric vehicle initiatives.