After fire, TCC subsidiary faces tough questions and launches community outreach
Two weeks after the fire broke out, Molicel Quantum Energy Corporation, a subsidiary of TCC Group Holdings, issued a preliminary report on Sunday, pointing to a confluence of system malfunctions as the likely cause. Authorities have yet to grant clearance for full on-site cleanup and forensic recovery, pending further regulatory approval.
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Toyota expands EV manufacturing with new plant in the Czech Republic
Toyota Motor plans to begin electric vehicle (EV) production in Europe by 2028, marking a significant expansion of its global EV manufacturing strategy. The company announced that its subsidiary in the Czech Republic will produce approximately 100,000 EVs annually, making it Toyota’s first EV production hub in Europe and its fourth globally, following facilities in Japan, the US, and China.