Toyota Branches into Mobility with SoftBank Partnership

Toyota Branches into Mobility with SoftBank Partnership

Toyota is partnering with SoftBank to develop mobility services. They plan to form a joint venture company, MONET (MObility NETwork), by next spring.

The aim of the JV will be to develop an interface between Toyota’s connected vehicle service, the Mobility Services Platform (MSPF), and SoftBank’s IoT platform. MONET will use travel data captured from users of both platforms’ smartphones and sensor-connected devices to identify commercial opportunities from gaps in current transport supply.

The JV’s first project will be to introduce vehicle dispatch services, including “on-demand transportation through regional partnerships and corporate shuttles” in Japan. However, Toyota claims that by 2025, it plans to introduce autono-MaaS (autonomous mobility-as-a service) businesses using e-Palette, its mobility-focused electric AV.

e-Palette is designed to perform driverless food and parcel deliveries. Toyota claims it will use MONET to try and fulfill these services in Japan only initially. The automaker says it will then consider offering them globally if it is able to successfully perform them in that country.



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