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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Toyota Motor Corporation    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
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Hino Motors : China's BYD, Japan's Hino announce electric truck venture

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10/21/2020 | 05:01am EDT

BEIJING (AP) — Chinese electric car brand BYD Auto and Japanese truck maker Hino Motors said Wednesday they are jointly setting up a company to develop battery-powered trucks and buses.

The venture is one of a series of tie-ups between Chinese and foreign automakers to share the multibillion-dollar costs of electric development. Beijing has spent heavily to promote the technology but is winding down subsidies.

BYD Auto Industry Co., a unit of battery producer BYD Ltd., and Hino Motors Ltd. said each would supply 50% of the investment for the company, due to be launched next year, but gave no other financial details.

Vehicles will be sold under the Hino brand starting in the first half of the 2020s, the companies said. They said details of vehicle sizes and where they would be sold still were being decided.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News


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All news about TOYOTA MOTOR CORPORATION
05:01aHINO MOTORS : China's BYD, Japan's Hino announce electric truck venture
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05:01aHINO MOTORS : China's BYD, Japan's Hino announce electric truck venture
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Financials
Sales 2021 25 154 B 240 B 240 B
Net income 2021 1 189 B 11 361 M 11 361 M
Net Debt 2021 15 792 B 151 B 151 B
P/E ratio 2021 16,3x
Yield 2021 3,14%
Capitalization 19 597 B 186 B 187 B
EV / Sales 2021 1,41x
EV / Sales 2022 1,26x
Nbr of Employees 359 542
Free-Float 62,1%
Chart TOYOTA MOTOR CORPORATION
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Technical analysis trends TOYOTA MOTOR CORPORATION
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TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 7 758,33 JPY
Last Close Price 6 897,00 JPY
Spread / Highest target 36,3%
Spread / Average Target 12,5%
Spread / Lowest Target -20,3%
EPS Revisions
Managers
NameTitle
Akio Toyoda President, CEO & Representative Director
Takeshi Uchiyamada Chairman
Kenta Kon Chief Financial Officer
Seiji Sakai Manager-Information Systems & IT Management
Masahito Maeda Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA MOTOR CORPORATION-10.59%182 661
VOLKSWAGEN AG-21.46%85 457
DAIMLER AG-1.40%61 604
GENERAL MOTORS COMPANY-2.73%50 947
BMW AG-12.40%48 903
HONDA MOTOR CO., LTD.-17.23%41 967