Eaton Corp.’s year-old eMobility business aims to hike annual sales of electrification products from $350 million in 2019 to $2 billion-$4 billion by 2030, says Scott Adams, who heads the unit’s sales and product strategy.
The group’s focus is on power electronics, power distribution and circuit protection and, on commercial side, electrified transmissions. Adams estimates Eaton eMobility products are found in about 40% of all EVs worldwide.
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Although the RAV4 has plenty of heritage in the small crossover segment, competition has gotten a whole lot tougher, so Toyota has made significant changes to the fourth-generation model.
Dan Nicholson is vice president of General Motors Global Propulsion Systems, the organization that had been “GM Powertrain” for 24 years.
For conducting business in the U.S. market, Toyota has historically had several separate business entities: a sales and distribution company headquartered in California (Toyota Motor Sales, USA); manufacturing operations (Toyota Motor Manufacturing North America); a racing subsidiary (Toyota Racing Development, USA); the Toyota Technical Center for R&D in Ann Arbor; and a design facility in California (Calty Design Research, Inc.). On April 1, 2006, Toyota merged its R&D operations and its manufacturing operations into a single company.