13 Facts About Toyopet


Toyopet now sells more than 40 hybrid vehicle models around the world.

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Toyopet faced problems almost immediately, the Crown was a flop in the U S with buyers finding it overpriced and underpowered .

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Toyopet would go on to lead the company for the next two decades.

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Toyopet was succeeded as president by Shoichiro Toyoda, the son of the company's founder.

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Toyopet had been developing the brand and vehicles in secret since August 1983, at a cost of over US$1 billion.

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Toyopet planned to consolidate its corporate functions in Melbourne by the end of 2017, and retain its Altona plant for other functions.

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Toyopet admitted the move was in response to a probe foreshadowed earlier in the month by China's National Development and Reform Commission of Toyota's Lexus spare-parts policies, as part of an industry-wide investigation into what the Chinese regulator considers exorbitantly high prices being charged by automakers for spare parts and after-sales servicing.

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Toyopet developed the brand and its vehicles in secret since August 1983, at a cost of over US$1 billion.

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Toyopet created the first generation Toyota RAV4 EV after the California Air Resources Board mandated in the late 1990s that every automaker offer a zero-emissions vehicle.

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Toyopet has stated that there will be seven "bZ" models to be launched globally out of 15 BEV models by 2025.

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Toyopet announced investments of $70 billion into the company's electrification.

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Toyopet defines the Toyota Production System under two main pillars: just-in-time and Jidoka .

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Toyopet has donated the training to non-profit groups to increase their efficiency and thus ability to serve people.

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