Toyota Ventures’s Jim Adler says climate tech startups need to secure future buyers
Science & Technology

Toyota Ventures’s Jim Adler says climate tech startups need to secure future buyers

Technology tamfitronics Jim Adler, founder and general partner at Toyota Ventures, is concerned that climate technology gains could fall into the “valley of death” if companies fail to drum up enough demand to survive.And he’s not wrong to be worried.Climate tech investments in the first half of 2024 dipped for the second consecutive year, both in terms of overall funds invested and deal count as investors shy away from funding what can be capital-intensive, high-risk businesses without a clear path to market.Speaking at a Climate Week NYC event Tuesday, Adler said one way for climate tech to secure that demand is through forward offtake agreements. This is when a customer promises to buy an agreed-upon amount of a product at a specified price by a specified date.“I like that a lot because that encourages investors...
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All-new Toyota Camry makes Southeast Asian debut at Wisma Atria, Lifestyle News
Lifestyle

All-new Toyota Camry makes Southeast Asian debut at Wisma Atria, Lifestyle News

Lifestyle Toyota has announced the arrival of the all-new ninth-generation Camry sedan with a launch event on Thursday (Aug 29) at Wisma Atria. The car's unveiling also marked the new Camry's Southeast Asian debut and will be sold only with a hybrid drivetrain for this generation.Despite the market trending towards SUVs, Toyota expects the new Camry to be a strong seller for the brand. Ng Khee Siong, Managing Director of Inchcape Singapore, the official distributor for Toyota cars here, said on the sidelines of the launch event that it has already received almost 100 deposits for the vehicle, with the majority of them being existing owners looking to upgrade.Lifestyle What's new on the Camry?The car has been given a complete redesign, and now looks sleeker and sportier than its predecessor. The front is dominated by...
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TOYOTA GAZOO Racing fired up for summer of speed, Business News
Business News

TOYOTA GAZOO Racing fired up for summer of speed, Business News

Business new tamfitronics Toyota City, Japan, June 21, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team will return to Rally Poland on June 27-30 with high ambitions entering the first of three consecutive rounds on fast gravel roads across the European summer.The FIA World Rally Championship’s first visit to Poland since 2017 marks the mid-point of the 2024 season and is followed by a maiden trip to Latvia in July before the classic Rally Finland – the home event for TGR-WRT – at the beginning of August. While all three events consist of fast and flowing gravel stages, each will also provide its own specific challenges.Rally Poland is one of the oldest rallies in the world, having been first run in 1921. It was part of the first ever WRC calendar in...
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