10.55 AM Thursday, 31 October 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 05:07 06:22 12:05 15:16 17:42 18:57
31 October 2024

Toyota gets Zayed Future Energy Prize

The three finalists exuded qualities of leadership, innovation and vision. (GETTY IMAGES)

Published
By Wam

Toyota was presented with the Zayed Future Energy Prize of $1.5 million (Dh5.50m), while two runners up – Zhengrong Shi, Founder and CEO of Suntech Power Holdings Co, China, and Amitabha Sadangi, CEO of International Development Enterprises India – were also awarded $350,000 each.

The three finalists exuded qualities of leadership, innovation and vision.

Toyota was selected for its ground-breaking fuel efficiency system of the third-generation Toyota Prius, the world's first mass-produced hybrid vehicle.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.