Toyota Forms New Company to Beef Up R&D in Autonomous Driving

Toyota has announced that they will open a new company in Tokyo in late march to boost technology development efforts for autonomous driving: the Toyota Research Institute—Advanced Development.

To enable the new efforts at TRI-AD, Toyota Motor Corporation (TMC), Aisin Seiki Co., Ltd. (Aisin), and Denso Corporation (Denso) have concluded a memorandum of understanding on joint development of fully-integrated, production-quality software for automated driving. Going forward, the three companies will hold further discussions, aiming to conclude a concrete joint development contract.

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