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Toyota Pushes $2.8 Billion into Self-Driving Software Development

March 5, 2018

Most of the time when the conversation turns toward self-driving vehicles and the imminent advent of this technology, the discussion naturally tends to focus on how this new approach to modern transportation could drastically alter our lives or how a company like Frigidaire does business, in addition to how automakers like Chevy must completely reforge their production processes to stay relevant with the shifting tide. However, a recent move by Toyota has a done a great job reminding the rest of the industry that, at its core, the rise of autonomous vehicles is a movement centered primarily on the growth of software programming and building out advanced coding systems.

So just what exactly is Toyota doing to place the emphasis back on the software side of things? As the editorial team over at The Business Times explains, this Japanese automotive giant has made the decision to invest $2.8 billion into the process of writing software for self-driving cars. Once completed, this system will employ 1,000 new programmers, help create a new business department that mirrors the industry-leading lean manufacturing process currently leveraged by Toyota's production facilities, and ensure that the organization's plans for staffing the 2020 Tokyo Olympics with autonomous delivery vans goes off without a hitch.

Naturally, rededicating the company's efforts on this front and infusing a massive amount of resources into the project does a great job of showcasing just how serious Toyota is about leading the charge toward commercially viable self-driving vehicles. But is this push enough to help the leading Japanese automaker catch up with Google's Waymo, Tesla, and other tech-savvy leaders within this portion of the automotive world?

For more info and insight into this bold move by Toyota, be sure to check out the complete story from The Business Times by clicking the link below.

Read the Full Article Here



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