Auto suppliers in Japan are confronting a dilemma as the industry pivots away from the combustion engine: Either make the shift too, or find new business.
The service will offer new safety features, refreshed interiors, and software upgrades to car computer systems.
The 50-50 company will be established this year with the goal of starting EV sales and providing mobility services in 2025. The deal is still subject to regulatory approval.
Japan’s Woven City, the digitally-driven town of tomorrow that Toyota is building on the foothills of Mount Fuji, could be a future air hub for the country’s flying cars.