Toyota banks on mobility technology for future growth


Renovo’s automated driving test fleet in California. Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc, a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving. — Renovo/Woven Planet via AP

TOKYO: Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc, a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.

The addition, announced Tuesday, follows the purchase earlier this year of Carmera Inc, a US venture that specialises in sophisticated road mapping updates made cheaper and faster by using crowdsourced information obtained from millions of net-connected Toyota vehicles.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

How much water does AI actually use? Depends on whom you ask
South Korea's consumer agency to order SK Telecom to compensate 58 hacking victims
Opinion: What happens to online discussion forums when AI is the first place people turn?
A Reddit post led to a breakthrough in the Brown shooting investigation
Review: For disappointed 'Civ' fans, 'Anno 117' will scratch that strategy itch
Explainer-What is so special about TikTok's algorithm?
Robotics pioneer says the field has lost its way
Google warns staff with US visas against international travel due to embassy delays, Business Insider says
Sleep cots and graham crackers at Elon Musk’s child care program
Three tips to give your kids the best holiday present you can get – a healthier relationship with screens

Others Also Read