Due to be launched in December, the new initiative will consist of four people – one each from Toyota Industries Corporation, Aisin Seiki, Denso Corporation and TMC.
It will draw on the technological know-how and resources of the Toyota group to develop next-generation EVs. The small structure is designed to enable implementation of unconventional work processes, leading to accelerated project progress and thus, fast-to-market products.
TMC president Akio Toyoda, said, “As a venture company that will specialize in its field and embrace speed in its approach to work, it is my hope that it will serve as a pulling force for innovation in the work practices of Toyota and the Toyota Group.”
November 17, 2016