{"id":150943,"date":"2020-08-03T10:00:19","date_gmt":"2020-08-03T14:00:19","guid":{"rendered":"https:\/\/www.thedetroitbureau.com\/?p=150943"},"modified":"2020-08-03T13:25:43","modified_gmt":"2020-08-03T17:25:43","slug":"toyota-creates-woven-planet-to-spearhead-tech-development-growth","status":"publish","type":"post","link":"https:\/\/thedetroitbureau.com\/2020\/08\/toyota-creates-woven-planet-to-spearhead-tech-development-growth\/","title":{"rendered":"Toyota Creates “Woven Planet” to Spearhead Tech Development, Growth"},"content":{"rendered":"
\"\"<\/a>
Akio Toyoda, Toyota chairman, discusses the formation of the automakers new holding company, Woven Planet.<\/figcaption><\/figure>\n

With the threat of \u201cBig Tech\u201d looming over its business, automakers of all sizes are scrambling to shore up their capability to compete in new areas that are likely to\u00a0define\u00a0the future of the auto industry.<\/p>\n

Toyota Research Institute \u2013 Advanced Development Inc., also known as TRI-AD, is the part of the Japanese automaker tasked with developing\u00a0autonomous\u00a0vehicles. It has announced that effective January 2021, it will expand and improve its operations into a holding company and two operating companies.<\/p>\n

The new holding company will be Woven Planet Holdings Inc. The first of two operating companies under holding\u00a0company, the former TRI-AD, will\u00a0now be called Woven CORE Inc., and it will develop, implement and scale automated driving technologies.<\/p>\n

<\/p>\n

(Toyota increases sedan commitment with expanded array of Corolla, Camry and Avalon models.)<\/strong><\/span><\/em><\/a><\/p>\n

\"\"<\/a>
TRI-AD CEO James Duffner lays out the plans for the new Woven Planet entity. TRI-AD getting renamed Woven CORE.<\/figcaption><\/figure>\n

The second company, Woven Alpha Inc., will search out new business opportunities and incubate innovative projects that go beyond today\u2019s Toyota Motor Corp., such as Woven City\u00a0and Automated Mapping Platform.\u00a0Woven City is the automaker\u2019s \u201cprototype\u201d city announced in January.<\/p>\n

All three companies will be\u00a0wholly owned\u00a0subsidiaries of Toyota Motor\u00a0Co. and\u00a0will be based in\u00a0Tokyo.<\/p>\n

Toyota originally created TRI-AD in\u00a0March\u00a02018 in Tokyo, Japan, to provide\u00a0fully integrated, production- quality software for automated driving. TRI-AD\u2019s vision is \u201cMobility to Love, Safety to Live,\u201d and its mission is to create world-class technology and build safe mobility products for the world.<\/p>\n

(Toyota giving “eligible” employees option to work from home permanently.)<\/strong><\/span><\/em><\/a><\/p>\n

In a statement, Toyota said, \u201cOver the past two years TRI-AD has made great progress in fulfilling its vision and mission, including the development of the latest advanced driving assist technology called, \u201cTeammate\u00a0based on the \u201cMobility Teammate Concept.\u201d<\/p>\n

\"\"<\/a>
Toyoda said new company used planet in the named “with the hope and expectation that the company will provide a platform that will contribute to the combined future of all the citizens of Earth.”<\/figcaption><\/figure>\n

TRI-AD is now beginning on the next phase of its evolution to deliver mobility\u00a0to everyone, and in order to achieve this it is necessary to expand and improve the company\u2019s operations, Toyota said.<\/p>\n

In order to effectively and efficiently forge ahead with TRI-AD\u2019s advanced development capabilities and to continue creating new value through automated driving, safety technologies, mobility, and Woven City, the Woven Planet Holdings group will focus on a more agile \u201csoftware-first\u201d development process and software defined architecture.<\/p>\n

(Toyota planning all-new Japanese city as a “living laboratory.”)<\/strong><\/span><\/em><\/a><\/p>\n

Toyota also said Woven Planet Holdings will have the strategic decision-making function for the entire group, expand collaboration with partners, create new business opportunities, and provide corporate shared services to\u00a0TMC\u00a0operating companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

With the threat of \u201cBig Tech\u201d looming, Toyota’s revamped its technology-oriented businesses under one entity named Woven Planet Holdings, named after its proposed Woven City living laboratory in Japan. Get details at TheDetroitBureau.com.<\/p>\n","protected":false},"author":20009,"featured_media":150947,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[7,8,5,12],"tags":[],"make":[111],"post-state":[],"category_old":[118,286,150,151,123,133,131,299,132,125,124,139,148,128,291,206,288],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/150943"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/20009"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=150943"}],"version-history":[{"count":0,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/150943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/150947"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=150943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=150943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=150943"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=150943"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=150943"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=150943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}