TOKYO: Toyota Motor Corp's research arm said today it acquired US-based Carmera, a provider of maps and data for driverless vehicles, marking the Japanese car maker's latest investment in autonomous technology.
The two companies have collaborated since 2018 on projects including technology that updates repainted lane markings on high-definition maps with accuracy. With the acquisition, Kuffner said Woven Planet would look to develop and sell an open map platform to original equipment manufacturers and automakers who wanted accurate and fresh data.
The Japanese firm has other self-driving partnerships, including a joint venture with SoftBank Corp, stakes in China's Didi Global Inc and Singapore's Grab, and is forming a consortium with General Motors Co, suppliers and chipmakers.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »