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Toyota Teams Up With Intel on Self-Driving Vehicles

An Limin and Timmy Shen / May 20, 2021 07:21 PM / Business & Tech

Japanese giant Toyota Motor Corp. is upping its autonomous driving efforts by working with Intel Corp.’s Mobileye to develop self-driving safety systems.

Toyota has selected Jerusalem-based self-driving tech developer Mobileye, which was acquired by Intel in 2017, along with German auto-parts maker ZF Friedrichshafen AG, to develop the advanced driver-assistance systems for Toyota’s future cars, according to an Intel statement released Tuesday.

Specifically, ZF and Mobileye will work together to produce advanced camera technology to power the systems in Toyota vehicles, according to the statement.

Toyota has been active lately in the autonomous driving sector. For example, in January, it set up Woven Planet, a subsidiary focusing on the development of autonomous driving and other advanced mobility technologies. In April, Toyota said it had signed an agreement to acquire U.S. ride-hailing company Lyft’s self-driving division, Level 5, for $550 million, upping the ante in its expansion into the autonomous vehicle industry.

Last year, Toyota invested $400 million in Chinese autonomous vehicle startup Pony.ai, which is developing vehicles featuring Level 4 autonomy, the second-highest level of autonomous driving capability according to U.S. Society of Automotive Engineers standards. The Japanese carmaker is also a financial backer of Didi Chuxing, a Chinese ride-hailing giant aiming to use driverless vehicles for its taxi services.

Ding Yi contributed to this report.

Contact reporter Timmy Shen (hongmingshen@caixin.com)

Related: Cover Story: Tech Giants Bet on the Smart-Car Revolution 


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