Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Toyota Motor Corporation
  6. News
  7. Summary
    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Baidu, Pony.ai approved for robotaxi services in Beijing

11/25/2021 | 12:48am EST
Logo of Pony.ai is seen on a Lexus vehicle equipped with the company's autonomous driving system, in Beijing

SHANGHAI (Reuters) - Chinese tech group Baidu Inc and self-driving startup Pony.ai have won approval to launch paid driverless robotaxi services that will see the firms deploy not more than 100 vehicles in an area in China's capital Beijing.

The state-backed Beijing Daily newspaper reported on the approvals on Thursday, citing a ceremony held by the Beijing Economic and Technological Development Zone, where the 60 square kilometre-large area (23 square miles) is located.

Baidu said in a statement that this would be its Apollo Go service's first commercial deployment on open roads.

Customers will be able to hail one of the daily service's 67 cars at more than 600 pick-up and drop-off points in both commercial and residential areas, it said. It will charge fares similar to the level of premium ride-hailing services in China, a Baidu spokesperson added.

Pony.ai, backed by Toyota Motor Corp, also confirmed that it had received the approval for its Xiaoma Zhixing service from Beijing on its official Weibo account.

Automakers and technology firms are investing billions of dollars in autonomous driving, aiming to take an early lead in what many consider the future of mobility.

Baidu in May launched paid driverless robotaxi services https://www.reuters.com/business/autos-transportation/chinas-baidu-launch-paid-driverless-ride-hailing-services-beijing-2021-04-29 in a much smaller area of 2.7 square kilometres in Beijing's Shougang Park. The company is aiming for the Apollo Go service to be in 65 cities by 2025 and 100 cities by 2030, its CEO Robin Li said during its latest quarterly results.

Last week, Chinese autonomous vehicle startup AutoX, which is backed by Alibaba Group said it had expanded its robotaxi zone https://www.reuters.com/technology/chinas-weride-launch-robotaxis-gacs-ontime-ride-hailing-app-2021-11-18 in the southern city of Shenzhen to become the country's largest fully driverless robotaxi zone, at 65 square miles (168 square km).

(Reporting by Brenda Goh; Editing by Jacqueline Wong)


ę Reuters 2021
All news about TOYOTA MOTOR CORPORATION
01:12pTOYOTA'S FIELD SUPPORT ROBOTS WITH A : The Technology and People that Supported the Tokyo ..
PU
10:13aToyota Selects North Carolina Greensboro-Randolph Site for New U.S. Automotive Battery ..
AQ
04:48aToyota to Construct $1.3 Billion Electric Vehicle Battery Project in US
MT
01:50aJapan Index Soars; Toyota Proposes $1.3 Billion EV Battery Plant in North Carolina
MT
12/07Toyota embracing small flaws as supply chain pressures bite
RE
12/06Exclusive-SEC probes Tesla over whistleblower claims on solar panel defects
RE
12/06ADRs End Higher; Alibaba, ReneSola Among Companies Actively Trading
DJ
12/06Industrials Up On Hopes Omicron Is Not As Severe As Feared -- Industrials Roundup
DJ
12/06Toyota to build 1st automotive battery plant in North America
AQ
12/06Toyota to build new $1.3 billion battery plant in North Carolina
RE
More news
Analyst Recommendations on TOYOTA MOTOR CORPORATION
More recommendations
Financials
Sales 2022 31 164 B 274 B 274 B
Net income 2022 2 747 B 24 158 M 24 158 M
Net Debt 2022 18 313 B 161 B 161 B
P/E ratio 2022 10,7x
Yield 2022 2,79%
Capitalization 28 614 B 251 B 252 B
EV / Sales 2022 1,51x
EV / Sales 2023 1,36x
Nbr of Employees 366 283
Free-Float 69,9%
Chart TOYOTA MOTOR CORPORATION
Duration : Period :
Toyota Motor Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOYOTA MOTOR CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 2 068,00 JPY
Average target price 2 368,50 JPY
Spread / Average Target 14,5%
EPS Revisions
Managers and Directors
Akio Toyoda Executive President, CEO & Representative Director
Kenta Kon CFO, Director & Chief Officer-Accounting Group
Takeshi Uchiyamada Chairman
Keiji Yamamoto Chief Information, Security & Software Officer
Seiji Sakai Manager-Information Systems & IT Management
Sector and Competitors
1st jan.Capi. (M$)
TOYOTA MOTOR CORPORATION29.95%256 425
VOLKSWAGEN AG21.38%127 468
DAIMLER AG50.22%104 398
GENERAL MOTORS COMPANY43.40%89 333
FORD MOTOR COMPANY127.08%79 765
BMW AG25.76%66 326