Toyota Motor Corporation as we know it today is headquartered in Aichi, Japan. The world’s sixth-largest company in the world by revenue as of September 2018, Toyota is also the largest carmaker in the world. The company was founded back in 1937 by Kiichiro Toyoda as a car-flavoured business derived from his father’s company, called Toyota Industries. Today, Toyota has factories in most parts of the world from Japan to Australia to Bangladesh and Mexico, just to name a few. Some of Toyota’s most lucrative markets are the United States, followed by Japan, Europe, and Asia. With a hefty motorsport legacy behind, Toyota is also a spearheading company when it comes to alternative ways of propulsion, after launching the Prius in 2012 and continuing to refine the recipe to this day. Besides plug-in hybrids, Toyota, pretty much like most carmakers these days, is looking at ways to deploy the power of electricity in its lineup of vehicles. In this regard, the company experimented heavily with the RAV4 EV and the iQ EV, while also spreading its tentacles towards the hydrogen fuel-cell technology with a road-going sedan called Mirai (mirai means future in Japanese). The carmaker even released 5,600 patents for free use until 2020 in an attempt to bump up the development of hydrogen fuel-cell tech on a global scale.

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