oyota Motor and Nippon Telegraph and Telephone also known as NTT is planning to invest 500 billion yen, meaning $3.27 billion by the end of 2030 in an
infrastructure and software platform that is using artificial intelligence in order to cut down the number of traffic accidents.
Both companies are working together and looking forward to developing an AI platform that uses large amounts of data and creates an environment where drivers can receive assistance technology. Their goal is to have a system that lowers the amount of traffic accidents by 2028.
The alignment between the car maker and the telecommunications company comes as a response to the pressure received by the Japanese automakers after the market of autonomous driving cars is dominated by Tesla and other Chinese firms, leaving Japan in the last place.
Together, Toyota and NTT said that they are hoping to prevent accidents that normally would occur in areas that have poor visibility, the automated driving services helping drivers have an easier experience in traffic.
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Even more so, the two companies are also hoping that they can make available the system that they develop for other industry fellows as well. They also said that they would share their progress with the government and other academic alleys that are looking forward to creating a space with no traffic accidents. Their target is 2030 for the incorporation of their system online.
In 2017 there was the first time Toyota and NTT first partnered in order to develop technology for cars that are connected with 5G. Their goal back then was part of their smart city project developed in 2020.
NTT, also stated last November that they planned to test driverless vehicle technology with Toyota cars as soon as 2025, also looking into a startup that is working on self-driving systems. All the more, Toyota worked on developing an autonomous driving system for their cars.
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