15.7 C
Munich

Toyota acquires Lyft self-governing unit for $ 500 million

TOKYO (AP) – Toyota Motor Corp. has acquired the self-governing division of the American parking company Lyft for $ 500 million, which means the ambitions of the Japanese automaker in this technology.

The acquisition, announced on Tuesday, was made by Woven Planet Holdings, a Toyota subsidiary that launched in January with a focus on innovations such as smart cities, robotics and automated fraud.

The Woven Planet project will be launched by engine service engineers-researchers as well as software և sensor assets և automated engine systems to further develop the technology.

“This deal will be key to bringing people, resources and infrastructure together to help us transform the world we live in through mobility technologies that can lead to a happier, safer future for all of us,” said James Ames, CEO of Woven Planet. Cafes

Woven Planet և Lyft signed commercial agreements to use Lyft և fleet data to accelerate technology commercialization.

Toyota also said the deal would mean Woven Planet would be located in Tokyo, Palo Alto, California and London.

The center of the woven planet is Woven City, which recently held a groundbreaking ceremony in ground aponia to build a community showcasing smart homes, autonomous vehicles, and other mobility products where people, including Toyota employees, will live.

“The woven planet is on track to combine the innovative Silicon Valley culture with world-renowned Japanese crafts to create mobility solutions for the future,” said Kohl Kellerman, who oversees investments in Woven Planet.

All of the world’s leading automakers are working on technology that makes vehicles smarter, cleaner and more connected. Founded in 2012, Lyft offers a subscriber ցանց rental network.

Also on Tuesday, Toyota announced that it will be working with Japanese Suzuki Motor Corp. with automakers that make small cars, Subaru Corp., Daihatsu Motor Co. և Mazda Motor Corp. on a new generation of transport communication devices.

Despite the economic slowdown in the coronavirus epidemic, Toyota is relatively resilient, continuing to invest in clean emissions technology, including electric cars, fuel cells, hybrids, robotics and other innovations.

But the advent of such technology in the automotive sector could be a threat to older employees like Toyota, as newcomers could become leaders in a whole new game.

“Who will be the economic winner of all this?” “Car companies around the world are tightening their grip on impending crashes,” Daniel Igin, vice president of IHS Markit, wrote in a recent comment.

Toyota is renaming itself a “mobility company”. Volkswagen goes even further, now counting itself as “software mobility provider”. But the big beneficiaries can be companies that do not yet exist. ”

___

Yuri Kageyama is on Twitter: https://twitter.com/yurikageyama

LEAVE A REPLY

Please enter your comment!
Please enter your name here