Softbank and Toyota-backed mobility venture gains five more automakers

Softbank and Toyota-backed mobility venture gains five more automakers

MONET Technologies, a joint venture launched by Softbank and Toyota to provide on-demand mobility services eventually with an autonomous module bus, has five new partners. Five Japanese automakers including Isuzu Motors, Suzuki Motor Corp., Subaru, Daihatsu and Mazda will each invest 2% in the venture. Softbank and Toyota each own 35% of the company. Honda …

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.