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
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
