Tag Archives: ai

Volvo Cars and Google Gemini Add AI Tech

Posted on 19 May 2026 by Ken Zino

“The EX60 provides an ideal platform to explore the future of contextually aware driving experiences,” said Alwin Bakkenes, Head of Global Software Engineering at Volvo Cars. “Working closely with Google as a lead device partner allows us to help bring the latest advances in AI into the automotive environment faster and more collaboratively than ever before.” Continue reading →

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Toyota Starts a Strategic Investment Subsidiary

Posted on 30 September 2025 by Ken Zino

Toyota Motor Corporation (NYSE: TM, 7203T) today announced the establishment of Toyota Invention Partners Company, Ltd. (TIP), a new strategic investment subsidiary with ¥100 billion yen (~$670 million) in capital. TIP will focus on accelerating collaborations between Toyota, Woven by Toyota (WbyT), Toyota Group companies, their affiliates, and external partners as part of Toyota’s ongoing transformation into a mobility company. Woven Capital, Toyota’s venture investment arm, has established Fund II with $800 million (~¥120 billion), matching the size of Fund I launched in 2021.*

“To ensure that mobility continues to bring smiles to people and remains vital to society, the Toyota Group has embraced the vision of ‘Inventing our path forward, together’. This vision places a particular emphasis on ‘Invention’, which has always been the foundation of the Group” said Kenta Kon, Operating Officer and Chief Financial Officer of Toyota and CFO and Director of WbyT. Continue reading →

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EVs – Honda to Invest ~$65 Billion Through 2030

Posted on 16 May 2024 by Ken Zino

Honda Motor company Global CEO Toshihiro Mibe said today that it will invest ¥10 Trillion (~$65 billion) through 2030 on its electrification strategy as part of a vast reorganization or re-prioritization of its corporate strategy. Through the establishment of a vertically-integrated EV value chain with a central focus on batteries, as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the cost of current batteries. Honda promised it will establish a competitive business structure with an aim to reduce overall production cost by approximately 35%. Honda already has secured enough batteries for the planned production of approximately 2 million EVs per year. Continue reading →

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Toyota Takes Artificial Intelligence Hunting for New Materials

Posted on 31 March 2017 by Ken Zino

New materials research – it’s claimed – will merge advanced computational materials modeling, new sources of experimental data, machine learning and artificial intelligence to reduce the time for new materials development from a period that has historically been measured in decades. Continue reading →

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Honda NeuV Automated EV Debuts at 2017 Consumer Electronics Show

Posted on 5 December 2016 by Ken Zino

Honda today announced that “Cooperative Mobility Ecosystem” is the theme for its participation at the 2017 Consumer Electronics Show (CES) in Las Vegas highlighted by the NeuV concept an automated EV commuter vehicle with artificial intelligence (AI). Continue reading →

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