Jimmy Vasser Toyota

Bloomberg News gave us a positive update after last week's events in Japan. Toyota Motor Co. will restart their parts production line this week, and open their vehicle assembly line again on March 22nd. This news come only days after the region was devastated by a huge earthquake, followed by a powerful tsunami.

Models such as 2011's Toyota Yaris and Toyota Prius have been put on hold since the quake struck Friday, March 11th 2011. Toyota officials worried about an indefinite closure after the devastation, but are now breathing a sigh of relief that some of their lives…

Toyota is showing no signs of slowing down in the world of EV technology. Quite the opposite, they're moving at warp speed.

For one, they're developing the iQ EV in house. Second, to develop an electric version of its RAV4 compact SUV, they're working with luxury EV maker Tesla Motors Inc. Both are scheduled to go on sale in the U.S. sometime next year.

More impressive is that while Toyota works…