Toyota Group allies with Uhuru IoT
Toyoda Gosei is a Toyota Group company focused on rubber and plastic, developing and manufacturing automotive parts and other products. One of the main activities of its middle and long term business plan is 'Venture into innovation, new mobility'.
Based on this plan, the company is using its core technologies to pioneer new businesses and develop new automotive products for CASE (Connected, Autonomous, Shared, Electric) technologies.
In 2019 Toyoda Gosei started Corporate Venture Capital (CVC) to the tune of three billion yen and is enhancing collaboration with venture companies and universities.
Since its founding, Uhuru has worked on numerous projects in the cloud computing realm. In 2014 Uhuru ventured into the IoT realm, which connects the cloud and data from edge devices. Uhuru has implemented around 100 IoT projects using enebular, the company’s proprietary product offering comprehensive support for creating IoT products and services.
Toyoda Gosei, with its technologies such as e-Rubber (an innovative material that moves when voltage is applied), and Uhuru, with its knowledge and intellectual property in IoT, AI and data business, have joined forces to create new solutions and services in preparation for the coming CASE and MaaS era.
The two companies will also carry out joint business based on a new profit model and further enhance their businesses.
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