1. Home
  2. Press release
Feb, 01 2019 13:39 JST

Source: Toyota Motor Corporation

Toyota and SoftBank Joint Venture, MONET, Starts Operations


Toyota City, Japan, Feb, 01 2019 - (JCN Newswire) - Toyota Motor Corporation (Toyota) and SoftBank Corp. (SoftBank) have completed investment in their joint venture, MONET Technologies Inc. (MONET), with full-scale operations commencing today.

Specifically, of MONET's three main business domains--1) on-demand mobility services, 2) data-analysis services, and 3) Autono-MaaS--the joint venture will first roll out on-demand mobility services. On-demand transportation through regional partnerships and corporate shuttles will begin in fiscal year 2018 through cooperation with local public agencies and private companies.

The objective of MONET is to help realize a safer and more comfortable mobility society by combining SoftBank's corporate philosophy, "Information Revolution--Happiness for everyone," with Toyota's vision of "Mobility for All."


About Toyota Motor Corporation
Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com.


Contact:
Public Affairs Division
Global Communications Department
Toyota Motor Corporation
Tel: +81-3-3817-9926
Source: Toyota Motor Corporation
Sectors: Automotive

Copyright ©2019 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release

Toyota Supports Tokyo 2020 with Specially-designed "APM" Mobility Vehicle
July 18 2019 17:41 JST
 
Toyota to Start Verification Tests in Japan Using "Ha:mo Ride" Driving Data
July 18 2019 10:31 JST
 
CATL and Toyota Form Comprehensive Partnership for New Energy Vehicle Batteries
July 17 2019 13:47 JST
 
JAXA and Toyota Commence Joint Research into Manned Pressurized Rover
July 16 2019 13:19 JST
 
Toyota Shifts Production Plans at Its Alabama Joint Venture Plant
July 11 2019 10:34 JST
 
Toyota and JTEKT to Start Consideration Toward Transfer of Toyota-owned Shares of Yutaka Seimitsu Kogyo to JTEKT
July 10 2019 18:16 JST
 
DENSO and Toyota Agree to Establish a Joint Venture for Research and Advanced Development of Next-generation, In-vehicle Semiconductors
July 10 2019 15:15 JST
 
TOYOTA GAZOO Racing to Commence Sales of GR Supra GT4 in 2020
July 04 2019 14:54 JST
 
NEDO, Sharp, and Toyota to Begin Public Road Trials of Electrified Vehicles Equipped with High-efficiency Solar Batteries
July 04 2019 13:20 JST
 
Toyota Provides Easy-to-use Map Showing Real-time Traffic Information and Road Closures in Japan
July 01 2019 13:20 JST
 
More Press release >>

Latest Press Release


Toyota Supports Tokyo 2020 with Specially-designed "APM" Mobility Vehicle
Jul 18, 2019 18:41 JST

Eisai Presents Research Evaluating Correlation of Highly-Precisely Measured Amyloid Beta in Plasma and Cerebrospinal Fluid with Newly Developed Automated Protein Assay System at AAIC 2019
Jul 18, 2019 14:26 JST

MHPS Signs MOU with Uzbekistan's Ministry of Energy on Collaboration in Power Plant Operation and Maintenance Support
Jul 18, 2019 14:18 JST

Eisai Presents Nonclinical Research Results of Elenbecestat at AAIC 2019
Jul 18, 2019 13:01 JST

Fujitsu and the Nohgaku Performers' Association to Promote ICT Use in Traditional Theater Arts, Expand Fan-base
Jul 18, 2019 12:08 JST

Honda to Begin Sales of All-new N-WGN and N-WGN Custom
Jul 18, 2019 11:48 JST

Toyota to Start Verification Tests in Japan Using "Ha:mo Ride" Driving Data
Jul 18, 2019 11:31 JST

MHI and Primetals Technologies to Acquire ABP Induction Systems
Jul 17, 2019 17:56 JST

Mitsubishi Motors' New Brand Center "MI-Garden GINZA" to Open in September 2019
Jul 17, 2019 16:06 JST

CATL and Toyota Form Comprehensive Partnership for New Energy Vehicle Batteries
Jul 17, 2019 14:47 JST

DENSO Focuses on Connected Technology at New Seattle Innovation Lab
Jul 17, 2019 12:25 JST

NEC Provides Facial Recognition System for Admission Control at EU Summit
Jul 17, 2019 10:03 JST

Eisai's Anticancer Agent Halaven Approved for Treatment of Locally Advanced or Metastatic Breast Cancer in China
Jul 17, 2019 09:20 JST

JAXA and Toyota Commence Joint Research into Manned Pressurized Rover
Jul 16, 2019 14:19 JST

NEC Successfully Transmits Live 8K Video Using 5G with the Largest Television Station in France
Jul 16, 2019 10:14 JST

DENSO Establishes Joint Venture to Offer Aftermarket Products and Services in South Africa
Jul 12, 2019 11:35 JST

Mitsubishi Motors to Transfer its Subsidiary's Domestic Finished Car Logistics to ZERO Co., Ltd
Jul 11, 2019 17:09 JST

DOCOMO Testing Drone-based Inspection Service in Taiwan with FET's Support
Jul 11, 2019 15:08 JST

Eisai Listed for 18th Consecutive Year in FTSE4Good Index Series
Jul 11, 2019 13:59 JST

Toyota Shifts Production Plans at Its Alabama Joint Venture Plant
Jul 11, 2019 11:34 JST
 More Latest Release >>