Nippon Telegraph & Telephone’s data subsidiary is joining forces with Toyota to develop connected cars that can collect and share data.
data subsidiary is joining forces with Toyota to develop connected cars that can collect and share data.
Toyota and other Japanese car makers have been ramping up efforts to develop electric vehicles and connected cars, which can communicate with each other and outside networks to improve autonomous driving, performance and in-car features. New connected-car sales are on track to reach 94.8 million units globally in 2035, almost tripling from 2020, according to researcher Fuji Keizai Group.
“We’ll be planning a global roll-out after discussing with Toyota, once we have a product that is good enough to draw global attention,” Honma, 66, said. NTT Data will consider raising money from capital markets as needed, he added. The company hasn’t issued new shares since 1998.