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Toyota Announces Billion-Dollar Investment In Self-Driving Car Technology

2016 Toyota Mirai Pace Car 1 photo
Photo: Toyota
Toyota will focus heavily on self-driving car technologies in the next few years, and they have a billion dollars to achieve the objective.
The Japanese automaker will invest $1 Billion over the next five years on autonomous car technologies, artificial intelligence, and any tech that will aid improve car safety.

Toyota already has a research institute, and the automaker has chosen the particular facility for this significant investment.

Gill Pratt, the CEO of Toyota Research Institute, has confirmed the investment during a group interview. During the meeting with the media, Pratt has stated that he is confident that the investment will bring numerous advances in the field of car safety for the next five years.

By the 2020 Tokyo Olympics, Toyota wants to produce a car that will be able to drive automatically on highways.

The Toyota Research Institute is working in several directions to enable this feat, as the Japanese automaker has determined it needs to make self-driving cars think for themselves to prevent accidents.

According to Pratt, Toyota is currently looking at artificial intelligence solutions that will allow the autonomous vehicles from the Japanese corporation to think more than just one lane. In the words of the Toyota representative, the company plans to make a “guardian angel,” which will have a backup plan for evasive action in just about any situation it might meet on the road.

As NBC News reports, the “guardian angel” will drive alongside the human operator, and will be able to take control if it senses immediate danger. Naturally, vehicles equipped with the system will be capable of driving themselves. However, do not expect them to arrive in showrooms too soon, as the technology must be proven in field tests before reaching consumers.

Toyota is not the only automaker to invest in self-driving car technology. Companies like Ford, Jaguar Land Rover, Nissan, Mercedes-Benz, Volvo, Tesla, and others are focusing on this piece of technology. Other car makers are probably investigating the matter, but not all have announced plans to launch a production model with the technology. We do know that Ferrari and Koenigsegg have no such plans, so rest assured on that front.
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About the author: Sebastian Toma
Sebastian Toma profile photo

Sebastian's love for cars began at a young age. Little did he know that a career would emerge from this passion (and that it would not, sadly, involve being a professional racecar driver). In over fourteen years, he got behind the wheel of several hundred vehicles and in the offices of the most important car publications in his homeland.
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