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Here you will find trending news topics in the automotive and mobility markets around the world.
We carefully select interesting news in the automotive industry, both domestic and international, and translate and summarize the contents for your reference. We hope you will find it useful in catching up with the latest news in the industry.
Toyota and NTT to Invest 500 Billion Yen to Develop AI Driving Assist Technology – Toward Zero Accidents
Oct 31, 2024 by Bloomberg
Toyota Motor Corporation and NTT announced that they will invest 500 billion yen by 2030 to jointly develop AI-based driver assistance technology aimed at reducing traffic accidents.
The two companies will begin development of a “Mobility AI Platform” in 2025, with the aim of commercializing it around 2028. Toyota President Sato explained the importance of software-defined vehicles (SDV) and the deployment of low-power and low-latency data centers that utilize NTT’s IOWN technology.
This initiative will further develop the collaborative relationship between the two companies that has been in place since 2017.
Suzuki to Supply EVs Produced in India to Toyota from Next Spring
Oct 30, 2024 By NHK
Suzuki announced plans to supply Toyota with SUV-type EVs to be produced in India starting in the spring of 2025.
The EV will use a platform jointly developed by Toyota, Suzuki, and Daihatsu, and will be sold worldwide by Toyota; the two companies have had a business partnership since 2017, but this is the first time they have supplied an EV.
As global EV competition intensifies, cooperation between Japanese manufacturers is growing stronger, such as Honda and Nissan’s consideration of a tie-up.
Honda’s president first touches on the substance of “industry transformation
Oct 30, 2024 By Toyo Keizai Online
Honda announced plans to switch all new vehicles to EVs and FCEVs by 2040.As a first step, the “0 Series” will be rolled out, and mass production of the “Saloon” will begin in 2026, with a total of seven models to be introduced by 2030.
At the recent Zero Tech Meeting, the company unveiled a prototype equipped with a newly developed low center-of-gravity platform, advanced driver assistance systems, and other technologies. Particularly noteworthy is the company’s efforts to transform its value chain, aiming for a new business model that will significantly change from the traditional “development, production, and sales” approach, including battery recycling and SDV.
The company plans to launch several new businesses, including ALTNA, a joint venture with Mitsubishi Corporation, with full-scale development planned for 2026 and beyond.
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Turnpoint Consulting is a specialist recruitment agency for the automotive and mobility industry. Turnpoint Media will provide you with useful information on industry trends and career opportunities.
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