Business Creation through Innovative Technologies, Services, and Products

「The Digital Solutions Division is working in the two business fields of devices and software, and ICT, staying ahead of technological innovation and digital transformation and further expanding its solutions business, including solutions to challenges facing the next-generation mobility society through the use of devices and software.」

「In September 2023, we agreed with MUSASHI SEIMITSU INDUSTRY CO.,LTD. and Delta Electronics, Inc. to establish a joint venture for manufacturing and selling EV drive units for 2-wheel vehicles in the Indian market. We will lead the adoption of 2-wheel EVs in India and around the world, while contributing to the achievement of carbon neutrality.」

「We decided to jointly develop a conversational AI system with emotivE, which provides one-stop planning, development and services for communications AI, with the aim of creating businesses related to conversational AI and expanding the market.」

「In May 2022, we entered into a capital and business alliance agreement with QunaSys to accelerate the development of our business involving chemical calculation programs for quantum computers. We will continue to explore new fields in which quantum computers can be used to address customer challenges.」

「As the third year of the V2G Aggregator Demonstration Project, which has continued since 2018, we began verifying in August 2020 whether charging and discharging of electrified vehicles could be controlled based on commands from the servers of general transmission and distribution utilities and TOYOTA MOTOR CORPORATION, with the aim of building a V2G (V2G: Vehicle to Grid) system that meets the participation requirements for the supply-demand adjustment market scheduled to open in 2021.」

「To support the commercialization of all-polymer batteries, the world's first next-generation lithium-ion batteries, and expand their applications in automobiles and large stationary power sources, we subscribed to a private placement by APB株式会社, which develops, manufactures and sells all-polymer batteries, and invested in the company in June 2020.」

「To promote R&D in technologies for connected services, we established Toyota Tsusho Mobility Informatics Pte. Ltd. in Singapore in November 2019 together with Toyota Tsusho Asia Pacific Pte. Ltd. and TOYOTA TSUSHO NEXTY ELECTRONICS (THAILAND) CO., LTD., and began operations in December.」

「To help solve thermal and noise issues in electronic equipment and shorten development lead times, 株式会社ネクスティ エレクトロニクス invested in アルティメイトテクノロジィズ株式会社 in August 2019 and continues to promote collaboration.」

「In November 2019, we invested in Super Highway Labs Private Limited, an Indian startup that operates the Shuttl mid- and long-distance bus app service in 6 Indian cities, as a new mobility service, with the aim of contributing to solutions for social issues such as traffic congestion and air pollution and providing safer, more comfortable mobility.」

「In Kumejima, Okinawa Prefecture, we launched the Ha:moRIDE micro-mobility sharing service, using COMS ultra-compact EVs developed by TOYOTA MOTOR CORPORATION, as part of the Kumejima Ha:mo tourism-oriented MaaS business in July 2019, with the aim of promoting regional development and the adoption of ultra-compact EVs.」

「To improve the efficiency of vehicle inspections and reduce labor requirements, we subscribed to a private placement by Israel-based UVeye Ltd., which provides vehicle inspection services using AI-powered image analysis, invested in the company in June 2019, and are promoting collaboration.」

「To strengthen the development of vehicle control systems for next-generation mobility, we invested in スマートホールディングス株式会社 in May 2019 and entered into a business alliance with the company.」

「To further promote renewable energy and increase the value of electrified vehicles, we were again commissioned by the Ministry of Economy, Trade and Industry to conduct the V2G Aggregator Demonstration Project jointly with Chubu Electric Power Company,Incorporated. The demonstration project began in May 2019.」

「For the joint development and practical application of an over-the-air (OTA) reprogramming system for control software used in next-generation connected vehicles, we subscribed to a private placement by US OTA reprogramming system developer Airbiquity Inc. together with TOYOTA MOTOR CORPORATION and DENSO CORPORATION, and invested in the company in February 2019.」

「As a project selected under the Ministry of Economy, Trade and Industry's FY2018 demonstration project for the integrated use of satellite data, we conducted a demonstration test of autonomous vehicles using the Quasi-Zenith Satellite System in Australia in December 2018.」

「In November and December 2018, we conducted Japan's first demonstration test of supplying electricity charged to electric vehicle batteries to the power grid (Vehicle to Grid).」

「To promote its Mobility-as-a-Service (MaaS) business, the Group decided in October 2018 to invest as lead investor in a Series A third-party allotment of shares by Singapore-based mobilityX Pte. Ltd., and made the investment in December.」

「In April 2018, we invested in グローバル測位サービス株式会社, which aims to commercialize centimeter-level satellite positioning services, with the goal of expanding business fields using high-precision positioning technology.」

「Among these initiatives, the Next Mobility Strategy, a priority measure for achieving the medium-term management plan, will involve advancing alliances in areas represented by CASE, entering new technology fields and accelerating initiatives mainly in Japan, North America, Europe and China while adding our capabilities. As part of this business, in January 2018 we conducted the world's first demonstration test of platooning on an expressway with trucks developed by 4 domestic manufacturers, with a human driver in the following vehicle.」

「To strengthen software development, our group company 株式会社ネクスティ エレクトロニクス and Toshiba Group company 東芝マイクロエレクトロニクス株式会社 established joint venture company ネクスティ システムデザイン株式会社 in December 2017.」

「In August 2017, we invested in Grab Inc., Southeast Asia's largest ride-sharing service company, to promote collaboration in new mobility service areas. This was the first investment by the "Next Technology Fund," established to develop markets for innovative technologies, products and services.」

「To respond to the future expansion of the mobile market, we launched mobile-related products and services and changed our equity interest from 51% to 49%, seeking to expand the business by selling these products and services through TD Mobile's channels and corporate sales force in cooperation with DENSO CORPORATION's existing sales channels.」

「To respond swiftly to the development and adoption of next-generation vehicles, we established an organization within the Products Division dedicated to the next-generation vehicle business and also established the Next Mobility Promotion Department under the direct supervision of the vice president to oversee the overall initiative. In addition, we established the Next Technology Fund, an internal fund, to support the development of and investment in innovative technologies, patents and new businesses across all fields handled by the company, not only automobiles.」

「In the food sector, we began selling “Shin Tokubetsu Kyuko Liquid,” a new product in the resQ45 series of composting acceleration systems for livestock, jointly developed by TOYOTA MOTOR CORPORATION and Menicon Co.,Ltd.」

「In the electronics field, we decided to establish Toyota Tsusho DENSO Electronics (Thailand) Co., Ltd. in Thailand to develop software for engine ECUs (Electronic Control Units).」

「In the fields of innovative technologies, services and products, we will seek to achieve our Global Vision by taking on the challenge of creating new businesses.」