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4-Traders Homepage  >  Equities  >  Tokyo  >  Toyota Motor Corp    7203   JP3633400001

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Toyota Motor : Reveals World-First Flexible Fuel Hybrid Prototype in Brazil; News Release Environment Innovation Environmental Technology Region Brazil

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03/21/2018 | 03:16pm CET

Sao Paulo -A prototype of the world's first hybrid flexible-fuel vehicle (Hybrid FFV), debuted in an event Toyota held today in Sao Paulo, Brazil. Stakeholders including the state government, universities, and the sugarcane association (the Sugarcane Industry Union: UNICA) attended the event.

The prototype is the combination of a flexible-fuel vehicle (FFV) that can be powered by both gasoline and alternative fuels such as ethanol, and Toyota's famous hybrid system which combines a combustion engine and an electrical powertrain.

Hybrid FFV is a new powertrain system that Toyota is developing with an aim to popularize Hybrid Electric Vehicles in Brazil and contribute to the environment through reduction of CO2 emissions. Hybrid FFV has the potential to drastically reduce total CO2 emissions as it is built on Toyota's hybrid system that has high energy efficiency and low emission levels and it also leverages the CO2 reabsorption capacity of ethanol, a plant-derived 100% renewable fuel. The prototype uses the Toyota Prius as a base model, which is currently sold and becoming popular in Brazil.

Toyota's initial studies indicate that Hybrid FFV has a great advantage in environmental performance compared to a standard FFV, when we estimate CO2 emissions starting with the extraction of the raw material, through its distribution at the fuel pumps to the ignition in the combustion process of the car. If it is fueled only by sugarcane-based ethanol (E100 fuel), the results are even better.

The development of Hybrid FFV represents one of Toyota's efforts to achieve its 'Environmental Challenge 2050' where it challenges itself to reduce vehicle CO2 emissions by 90% in comparison with 2010 levels, by 2050. Another objective of the Environmental Challenge is to completely eliminate CO2 emissions from the vehicle lifecycle, including materials, parts and manufacturing. In line with that goal, Toyota also targets to have more than 5.5 million electrified vehicles in its global new vehicle sales by 2030.

'I am very proud of our Toyota do Brasil engineers that worked closely with our engineers in Japan to develop the world's cleanest hybrid vehicle that uses ethanol for our Brazilian customers. The invention demonstrates our journey in providing a new mobility society,' said Steve St. Angelo, Senior Managing Officer of Toyota Motor Corporation serving as CEO of Toyota Latin America Region and Caribbean, as well as Chairman of Toyota do Brasil.

Toward the commercialization of Hybrid FFV in Brazil, Toyota will collect various data through real-world road testing in Brazil going forward and evaluate the system's reliability, durability, and powertrain performance.

(C) 2018 Electronic News Publishing, source ENP Newswire

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Financials ( JPY)
Sales 2018 29 010 B
EBIT 2018 -
Net income 2018 2 367 B
Debt 2018 14 639 B
Yield 2018 3,14%
P/E ratio 2018 8,66
P/E ratio 2019 9,45
EV / Sales 2018 1,28x
EV / Sales 2019 1,25x
Capitalization 22 361 B
Duration : Period :
Toyota Motor Corp Technical Analysis Chart | 7203 | JP3633400001 | 4-Traders
Technical analysis trends TOYOTA MOTOR CORP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 22
Average target price 7 832  JPY
Spread / Average Target 14%
EPS Revisions
Akio Toyoda President, Chief Financial Officer & Director
Takeshi Uchiyamada Chairman
Kiyotaka Ise General Manager-Technology & Development
Shigeki Terashi Director, Chief Risk Officer & Executive VP
Shigeru Hayakawa Vice Chairman
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