Toyota to Collaborate for 'Zero' Traffic Accidents
Initiative with telecom NTT targets AI-powered, data-driven platform connecting cars, infrastructure for widespread adoption.
Toyota President and CEO Koji Sato and NTT President and CEO
Akira Shimada announcing the initiative
Toyota
Toyota said it will collaborate with a Japanese telecommunications company to develop an artificial intelligence-powered mobility platform with the aim of creating a “society with zero traffic accidents.”
The automaker and Nippon Telegraph and Telephone Corp., or NTT, announced the joint initiative to spend a combined 500 billion yen to create a "Mobility AI Platform" to “standardize the mobility field,” combining communications infrastructure with AI and computing platforms to “constantly connect people, mobility and infrastructure.”
The companies said they plan to implement the platform by 2028, targeting “widespread adoption” starting in 2030.
Many consumers are concerned about safety and data privacy when it comes to vehicle automation, and Toyota said it’s developing software-defined vehicles with safety and security considerations at the forefront. Meanwhile, NTT is focusing on the telecommunications aspects of the project.
The companies said they intend for the platform to be used by a “wide range of industry, government, and academic partners who share the goal of realizing a society with zero traffic accidents.”
DIG DEEPER: How Will Advanced Auto Tech Showcased at CES Impact F&I Protection Products?
Originally posted on F&I and Showroom
More Industry
Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
Read More →
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
Read More →
Bridge the Maintenance Gap
With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.
Read More →
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
Read More →
BMW Plant Pursues Cleaner Energy
BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.
Read More →
Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
Read More →
Ohio Auto Group Under New Ownership
After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.
Read More →
RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →