The self-driving car joint venture of SoftBank Corp and Toyota Motor plans to be...
TOKYO - The self-driving car joint venture of SoftBank Corp and Toyota Motor plans to begin operating in Southeast Asia next year, in its first overseas foray, its chief executive said on Tuesday.
Monet, which is developing an on-demand self-driving service platform, is planning to export a basic version of the system, Chief Executive Junichi Miyakawa told Reuters. It plans to roll out on-demand bus and car services in Japan in the next year, and a services platform for electric vehicles as early as 2023 based on Toyota’s boxy “e-palette” multi-purpose vehicle.
The son of a Buddhist priest who is known for his frank style and big ideas like flying cellphone antenna company HAPSMobile, Miyakawa settled on the idea of developing a platform for autonomous cars after flirting with the idea of making cars. “As a company, we will go up against rivals which the Vision Fund invests in if it means we can provide the best services we can.”
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