Toyota Announces New Company Dedicated to Self-Driving Vehicles

(From UPI)

Toyota on Friday announced it’s forming a new research company devoted to developing software for autonomous-driving vehicles.

The new company, Toyota Research Institute – Advanced Development, will address in-house manufacturing of software for self-driving cars, a Toyota statement said.

The company will be joined by Japanese vehicle component companies Aisin Seiki and Denso in developing the software. The companies recently signed a memorandum of understanding, to lead to formal contracts and the choice of a location in Tokyo for its facilities.

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