Silicon Valley-based venture capital firm Toyota AI Ventures (TAIV) announced its Fund II, a new $100 million fund dedicated to investing in early-stage startups developing disruptive technologies and business models in the autonomous mobility and robotics markets. Led by founding managing director Jim Adler, who also serves as executive advisor at the Toyota Research Institute […]
SAE, Ford, General Motors and Toyota Form Autonomous Vehicle Safety Consortium
SAE International, along with the top three U.S. vehicle manufacturers Ford, General Motors (GM) and Toyota, announced the formation of the Automated Vehicle Safety Consortium (AVSC) that will work to safely advance testing, pre-competitive development and deployment of SAE Level 4 and 5 automated vehicles. The AVSC will provide a safety framework around which autonomous […]
Toyota Invests $500 Million in Uber
Extends collaboration on automated vehicle technologies. Toyota Motor Corporation (TMC) and Uber Technologies, Inc. (Uber) today announced that they have agreed to expand their collaboration with the aim of advancing and bringing to market autonomous ride-sharing as a mobility service at scale. To accomplish this, technology from each company will be integrated into purpose-built Toyota […]
Isuzu and Toyota to Dissolve Capital Ties
Toyota Motor Corporation (Toyota) and Isuzu Motors Limited (Isuzu) agreed August 3 to dissolve their capital tie-up, with Toyota planning to sell its entire stake in Isuzu in the future. The two companies intend to maintain their strong relationship, through ongoing joint development projects related to basic technologies and the like, and will remain open […]
Toyota and Lexus to Launch V2V and V2I in the US in 2021
Reports 92 percent of its vehicles currently have autonomous emergency braking as standard equipment. Toyota and Lexus announced the companies plan to start deployment of Dedicated Short-Range Communications (DSRC) systems on vehicles sold in the United States starting in 2021, with the goal of adoption across most of its lineup by the mid-2020s. Toyota and […]
Toyota Partners with Avis Budget Group on Connected Cars
Toyota Connected North America, the global technology strategy business unit for Toyota, today announced a multi-year partnership with Avis Budget Group that will add 10,000 Toyota vehicles to Avis Car Rental’s expanding fleet of connected cars. Avis Budget Group will utilize Toyota’s proprietary Mobility Services Platform (MSPF) to enable greater operational and rental fleet efficiency […]
Mazda and Toyota Establish U.S. Manufacturing Joint-Venture Company
Mazda Motor Corporation and Toyota Motor Corporation have established their new joint-venture company, Mazda Toyota Manufacturing, U.S.A., Inc. (MTMUS), that will produce vehicles in Huntsville, Ala. starting in 2021. The new plant will have the capacity to produce 150,000 units of Mazda’s crossover model that will be newly introduced to the North American market and […]
Toyota Announces Plans to Accelerate Electric Vehicles
Electrified vehicles to be available across the entire Toyota and Lexus line-up by around 2025 Toyota Motor Corporation (Toyota) announces today its plans toward the popularization of electrified vehicles for the decade 2020-2030. Toyota’s electrified vehicle strategy centers on a significant acceleration in the development and launch plans of hybrid electric vehicles (HEVs), plug-in hybrid […]
Toyota and Mazda Enter Business and Capital Alliance
Formed joint venture to produce vehicles in the United States. Will jointly develop electric vehicles and advanced safety technology with ultimate goal of creating a mobile society devoid of accidents. Toyota Motor Corporation (Toyota) and Mazda Motor Corporation (Mazda) signed an agreement today to enter a business and capital alliance, with the aim of further […]
Toyota Invests $22 Million with University of Michigan to Accelerate Artificial Intelligence Research, Autonomous Vehicles
Investment to begin research collaborations focused on autonomous vehicles and advanced robotics projects Research focused on artificial intelligence, robotics and autonomous driving at the University of Michigan (U-M) will get a major boost thanks to an initial $22 million commitment from the Toyota Research Institute (TRI), announced today by TRI-CEO Gill Pratt in an address […]