Mexican Media Brands
Five More Japanese Carmakers Join Toyota-Softbank Venture
Monet Technologies Corp., the 8-month-old joint venture between Softbank and Toyota to develop autonomous ride-hailing and delivery services, has signed up five more Japanese carmakers.
Share
Monet Technologies Corp., the 8-month-old joint venture between Softbank and Toyota to develop autonomous ride-hailing and delivery services, has signed up five more Japanese carmakers as equity partners.
The new members are Daihatsu, Isuzu, Mazda, Subaru and Suzuki, The Nikkei reports. They join Hino and Honda, which signed on in March.
The only Japanese carmakers who haven’t joined Monet are Nissan and its Mitsubishi Motors affiliate. Last week they announced they are partnering instead with Alphabet’s Waymo unit.
Monet intends to debut its first services in Japan before branching out to other Asian and overseas markets. The consortium enables its members to reduce development costs.
RELATED CONTENT
-
Honda Pilots “SmartCharge” Program for EV Owners
Honda Motor Co. is launching a “SmartCharge” pilot program that allows customers to coordinate charging times for electric vehicles and plug-in hybrid for non-peak grid times.
-
Toyota Employees to Aid Michigan V2X Research
Toyota Motor Corp. is encouraging employees at its research and development center near Ann Arbor, Mich., to participate in an on-going program there to test connected vehicle technologies.
-
FCA Opens the Door to The Future
FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.
