Mexican Media Brands
Toyota Affiliates Plan Autonomous-Car Tech Venture
Four Toyota Motor Corp. suppliers are teaming up to form J-Quad Dynamics Inc., which will develop software and provide engineering services related to automated driving and vehicle motion control.
Share
Four Toyota Motor Corp. suppliers are teaming up to form J-Quad Dynamics Inc., which will develop software and provide engineering services related to automated driving and vehicle motion control.
Denso Corp. will hold a controlling 65% stake in the Tokyo-based joint venture. Aisin Seiki will have a 25% share, while Advics and Jtekt each will hold 5%. Preliminary plans for the company were announced in August.
Pending regulatory approval, the new company is expected to be launched in April with a capitalization of 50 million yen ($460,000). The venture will employ 170 people, with Denso executive director Hajime Kumabe serving as president.
The partners say that pooling their expertise will help them develop next-generation software to integrate various sensors with braking and steering systems for autonomous driving. Toyota plans to introduce its first semi-autonomous vehicle system in its Lexus luxury brand by about 2020.
RELATED CONTENT
-
Kroger Tests Self-Driving Grocery Delivery Service
The Kroger Co. and Silicon Valley startup Nuro launched a pilot program for autonomous grocery delivery this week in Scottsdale, Ariz.
-
On Audi's Paint Colors, the Lexus ES 250, and a Lambo Tractor
From pitching a startup idea to BMW to how ZF is developing and using ADAS tech to a review of the Lexus ES 250 AWD to special info about additive at Toyota R&D. And lots in between.
-
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.
