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Toyota To Invest $50 million In Research Centers For Self-driving Cars

Toyota To Invest $50 million In Research Centers For Self-driving Cars

Enterprise & IT Sep 5,2015 0

The research and development of intelligent vehicle and mobility technologies will get a major boost in an ambitious new collaboration between Toyota, Stanford and MIT. At a press conference held on Friday, Toyota Motor announced that it will be investing approximately $50 million over the next 5 years to establish joint research centers at each university. Additionally Dr. Gill Pratt, former Program Manager at DARPA (the Defense Advanced Research Projects Agency) and leader of its recent Robotics Challenge, has joined Toyota to direct and accelerate these research activities and their application to intelligent vehicles and robotics.

Toyota believes the opportunities to improve every-day living through artificial intelligence supported technologies are boundless, with significant breakthrough potential for the development of life-saving intelligent vehicles and life-improving robots.

Kiyotaka Ise, TMC Senior Managing Officer and Chief Officer, R&D Group, said: "We’re here today to mark the beginning of an unprecedented commitment. We will initially focus on the acceleration of intelligent vehicle technology, with the immediate goal of helping eliminate traffic casualties and the ultimate goal of helping improve quality of life through enhanced mobility and robotics. This partnership, led by Dr. Pratt, is a great opportunity to work with two leading research teams from two top universities. I am very excited about what this new venture means for Toyota, and I look forward to more announcements in the future."

Unlike some of its rivals in the technology and auto industries, Toyota believes the day when cars are able to drive entirely by themselves is unlikely to arrive within the next decade. The company instead is focusing its efforts on developing technology that can turn a car into the equivalent of an intelligent assistant that recognizes when it should take over the steering when a driver is distracted or automatically play a favorite song when it detects a driver is in a bad mood.

Major tech companies such as Google and Uber are competing against a range of automakers to make robot cars that will be better drivers than people and save lives by causing fewer accidents.

Google has been working on a fleet of self-driving cars for the past six years. Its goal is to have the cars capable of driving completely on their own by 2020. Uber has teamed up with Carnegie Mellon University on a Pittsburgh research center in its quest to build driverless cars.

Tags: Self-driving Cars
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