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Global car manufacturer Toyota said it will establish a new company in Tokyo, to further accelerate its efforts in automated driving.
To be opened in late March 2018, the new company is named “Toyota Research Institute-Advanced Development” (TRI-AD). Toyota Motor Corporation, Aisin Seiki, and Denso Corporation have concluded a memorandum of understanding on joint development of fully-integrated, production-quality software for automated driving. Together, they plan to invest over JPY300 billion (US$2.84 billion) in TRI-AD. The new company is targeting a staff of approximately 1,000 employees, including external recruitment and staff from TMC, TRI, and Toyota Group Companies Aisin and Denso.
Toyota says the automotive industry has entered “an era of profound transformation”, where high-quality software development and big data from connected vehicles will be crucial to success. To respond to such changes, Toyota established Toyota Research Institute (TRI) in North America in 2016 to conduct research in the areas of artificial intelligence, automated driving, and robotics.
Among the objectives, the new TRI-AD aims to create a smooth software pipeline from research to commercialisation, leveraging data-handling capabilities, and strengthen coordination with TRI and efficiently link research results to product development.