Page 9 - James Kuffner News Today

AP Photo/Koji Sasahara, File TOKYO (AP) — Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $550 million, in a move that highlights the Japanese automakers ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects such as "smart cities," robotics and automated driving. Of the payment, $200 m...

Toyota Acquires Lyft’s Self-Driving Division for $550 Million Photo: Toyota Toyota’s new tech-focused subsidiary, Woven Planet Group, is acquiring Lyft’s self-driving car division — named “Level 5” after the stages of car autonomy — for $550 million in cash. The deal is expected to close in the third quarter of 2021. Woven Planet will pay the first $200 million upfront and the remaining $350 million over the next five years. As part of the acquisition, Lyft also agreed to provide ...

In this November 2, 2020, file photo, visitors walk at a Toyota showroom in Tokyo. Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the Japanese automaker’s ambitions in that technology, announced Tuesday, April 27, 2021. (AP Photo/Koji Sasahara, File) Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for US$550 million, in a move that highlights the Japanes...

TOKYO — Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $550 million, in a move that highlights the Japanese automaker’s ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects such as “smart cities,” robotics and automated driving. Of the payment, $200 million will be paid upfront...

Lexus LS, Toyota Mirai get new advanced technologies Lexus LS, Toyota Mirai get new advanced technologies Share But the introductions also underscore Toyota’s cautious, go-slow approach. The system will be available only in Japan for the time being, though it comes to the U.S. in the LS this fall. And it will be limited to the two top-tier offerings of the Lexus and Toyota brands, for now. The new technology also is expensive, adding some $6,000 to the LS sticker in Japan. Toyota Chief...

Toyota adds autonomous driving tech to sedans published : 9 Apr 2021 at 04:00 8 The new Lexus LS and hydrogen fuel cell Mirai are equipped with advanced driver assistance. (Toyota Motor Corp via Reuters photo) TOKYO: Toyota Motor Corp has unveiled new models of Lexus and Mirai in Japan, equipped with advanced driver assistance, as competition heats up to develop more self-driving and connected cars. Toyotas latest launch comes as automaker...

Toyota Unveils New Models in Advanced Driver-Assist Technology Push April 9, 2021 TOKYO — Toyota Motor Corp unveiled on Thursday new models of Lexus and Mirai in Japan, equipped with advanced driver assistance, as competition heats up to develop more self-driving and connected cars. Toyota’s latest launch comes as automakers, electric car startups and tech giants invest heavily in so-called active safety features. The Japanese carmaker’s new driving ass...

By Reuters Staff 3 Min Read TOKYO (Reuters) -Toyota Motor Corp unveiled on Thursday new models of Lexus and Mirai in Japan, equipped with advanced driver assistance, as competition heats up to develop more self-driving and connected cars. Slideshow ( 4 images ) Toyota’s latest launch comes as automakers, electric car startups and tech giants invest heavily in so-called active safety features. The Japanese carmaker’s new driving assist technology, or Advanced Drive, features a level 2 autono...

Toyota unveils new cars with advanced driving assist technology Toggle share menu Advertisement Toyota unveils new cars with advanced driving assist technology Toyota Motor Corp on Thursday unveiled its new Lexus and Mirai models in Japan, equipped with the companys latest advanced driver assistance that enables safe driving and wireless software updates. FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 2...

Toyota Takes a Special Route To Autonomous Driving With Independent Updates Toyota has presented its new Advanced Drive system. Its self-driving technology initially relies on security, but can be made more independent with updates. Advertisement Toyota president Akio Toyoda has been driving the conversion of the car manufacturer into a software-driven mobility company since he took office in 2009. This Thursday, an important technological step for the realization of his project followed. The w...