Toyota Motor Corp’s research arm said on Thursday it acquired U.S.-based Carmera, a provider of maps and data for driverless vehicles, marking the Japanese car maker’s latest investment in autonomous technology.
The purchase, through newly created subsidiary Woven Planet for an undisclosed sum, underscores Toyota’s push to bulk up its self-driving arsenal as traditional automakers compete with the autonomous ambitions of tech giants including Apple and Amazon.
Buying Carmera will give Toyota access to real-time, high-definition maps and crowdsourced inputs that are essential for autonomous vehicles to locate and navigate themselves, the companies said in a statement.
The two companies have collaborated since 2018 on projects including technology that updates repainted lane markings on high-definition maps with accuracy.
Woven Planet was established in January to invest in and develop mobility with artificial intelligence. It is building a prototype “city of the future” called Woven City at the base of Mount Fuji, powered by hydrogen fuel cells that would be a laboratory for autonomous cars.
With the acquisition, Kuffner said Woven Planet would look to develop and sell an open map platform to original equipment manufacturers and automakers who wanted accurate and fresh data.
Earlier this year, Toyota bought ride-hailing service Lyft Inc’s self-driving technology unit for $550 million, and invested in Ridecell that provides automation for fleet businesses.
The Japanese firm has other self-driving partnerships, including a joint venture with SoftBank Corp, stakes in China’s Didi Global Inc and Singapore’s Grab, and is forming a consortium with General Motors Co, suppliers and chipmakers.
Moving into new and non-traditional car making such as driverless and electric technology, Toyota has increasingly married its storied manufacturing process with more recent acquisitions of startups and Silicon Valley know-how to develop the next generation of cars.