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Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft's Level 5 Division

Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyfts Level 5 Division TOKYO, Jul 20, 2021 - (JCN Newswire) - Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of Level 5, the self-driving division of Lyft, Inc. ("Lyft"), a proposed transaction previously announced in April 2021. This marks the first acquisition for Woven Planet, a group that is focused on mobility innovations ...
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Toyota buys U.S. mapping, road data firm to bulk up driverless tech

Eimi YamamitsuMaki Shiraki 5 minute read Toyota Motor Corps logo on Estima Hybrid model is pictured at its headquarters in Tokyo, Japan, February 6, 2017. REUTERS/Kim Kyung-Hoon TOKYO, July 15 (Reuters) - Toyota Motor Corps (7203.T) research arm said on Thursday it acquired U.S.-based Carmera, a provider of maps and data for driverless vehicles, marking the Japanese car makers latest investment in autonomous technology. The purchase, through newly created subsidiary Woven Planet for an undiscl...
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Toyota revs up its digital mapping subsidiary Woven Planet | The Asahi Shimbun: Breaking News, Japan News and Analysis

In this Jan. 30, 2019, file photo, James Kuffner, then Toyota Research Institute Advanced Development CEO, speaks during a workshop in Tokyo. (AP Photo) Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving. “Toyota’s traditional strength in hardware is something we never want to lose. To make safe mob...
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Source: asahi.com

Toyota's tech arm plans major hiring push in self-driving race

Jul 15, 2021 Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves. James Kuffner, CEO of Woven Planet Holdings Inc. — the unit charged with leading the world’s largest carmaker through an era in which the lines between technology and automobiles are increasingly blurred — said he’s looking to “double or...
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Toyota buys U.S. mapping and road data firm to bulk up driverless tech

By Syndicated Content By Eimi Yamamitsu and Maki Shiraki TOKYO (Reuters) – Toyota Motor Corp said on Thursday it acquired U.S.-based Carmera, a provider of maps and data for driverless vehicles, marking the Japanese car maker’s latest investment in autonomous technology. The purchase, through newly created subsidiary Woven Planet for an undisclosed sum, underscores Toyota’s push to bulk up its self-driving arsenal as traditional automakers compete with the autonomous ...
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Source: wsau.com

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TOYOTA MOTOR CORPORATION (TM) Q4 2020 Earnings Call Transcript

TOYOTA MOTOR CORPORATION (TM) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. TOYOTA MOTOR CORPORATION (NYSE: TM) Popular Searches Operator Ladies and gentlemen, thank you very much for taking time out of your occupied schedules to be part of this program. We would like to start the fiscal 2021 financial result press conference by Toyota Motor Corporation. And this press conference consists of two parts. Par...
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Source: msn.com

Look Into The Future Remarks by Toyota Board Member Chief Digital Officer James Kuffner

Toyotas Future; Electrics Then, ICE Now - By Toyota Chief Digital Officer James Kuffner Good afternoon. Today, I am excited to share with you a glimpse of Toyotas technology and strategy with regards to Carbon Neutrality. Before I begin, I would like to express deep gratitude to the millions of Toyota customers who continue to choose our products and services and place their trust in us. The COVID-19 global pandemic has been difficult for everyone. These strong financial results that we have sh...
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Toyota Roars Back With Robust Profit Forecast, Share Buyback

Toyota Roars Back With Robust Profit Forecast, Share Buyback May 12 2021, 7:18 PM May 12 2021, 9:59 AM May 12 2021, 7:18 PM (Bloomberg) -- Toyota Motor Corp. unveiled a 250 billion yen ($2.3 billion) share buyback and expects to return to pre-pandemic profitability in the current fiscal year as its ability to keep churning out vehicles amid a global shortage of automotive chips puts it in a prime position to capitalize on swiftly recovering demand for cars. (Bloomberg) -- Toyota Motor Corp. unv...
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