Toyota plans to set up an unmanned technology research institute to automate the need to integrate external technology

Toyota, a leading Japanese automaker, is making a significant move in the field of autonomous technology by investing in TRI-AD, a new company dedicated to developing cutting-edge innovations. This initiative is a collaboration between Toyota and two major auto parts suppliers, Aisin Seiki and Denso. The plan includes a $2.8 billion investment in TRI-AD and the hiring of 1,000 employees. These professionals will focus on creating self-driving vehicles capable of making independent decisions, thereby strengthening Toyota's position in the autonomous vehicle market. Looking ahead, TRI-AD will serve as a key division of the Toyota Research Institute (TRI), which was founded in 2015. With a total investment of $1 billion in North America, TRI has been working on numerous AI technologies for use in Toyota’s products. Currently, the institute is concentrating on the development of both fully autonomous systems and driver-assistance technologies. Some of these advancements have already been showcased in the Lexus LS 600hl test car, with more streamlined hardware expected to be unveiled at CES 2018. The TRI-AD office will be located in Tokyo, with Toyota holding a 90% stake, while Aisin Seiki and Denso each own 5%. The goal is to develop a highly integrated and scalable autopilot system that can be combined with Toyota’s internal software to create fully autonomous vehicles equipped with advanced technologies. Dr. James Kuffner, CEO of the Toyota Research Institute, will also lead TRI-AD. He emphasized that mass-producing high-quality software is essential for the success of Toyota’s autonomous technology efforts. TRI-AD’s mission is to attract top software engineers globally to accelerate development and enhance Toyota’s competitive edge. In February 2018, Toyota Ventures, the company’s venture capital arm, invested in May Mobility, a startup specializing in low-speed autonomous vehicles designed for campuses and urban areas. This move highlights Toyota’s strategy of integrating external technologies to strengthen its autonomous driving capabilities. Many automakers are now turning to external partnerships or acquisitions to boost their technological strength. General Motors, for instance, is launching a new Chevy Bolt with a fully automated driving system powered by Cruise Automation, which it acquired in 2016. Similarly, Ford spent $1 billion to acquire Argo AI, another autonomous technology startup. Meanwhile, companies in Silicon Valley are offering comprehensive solutions to automakers rather than building cars themselves. Waymo, originally part of Google, has shifted its focus to collaborating with automakers like Fiat-Chrysler to develop driverless vehicles together. This trend underscores the growing importance of cross-industry collaboration in the race for the future of mobility.

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