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."

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

Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Acropolis Rally Greece: Day 4 Sunday success and second overall for TOYOTA GAZOO Racing's Ogier
June 30 2025 19:15 JST
 
Mitsubishi Fuso-Hino Merger: 4 Firms Collaborate for the Future of Commercial Vehicles
June 30 2025 19:10 JST
 
Implementation of Measures to Enhance Our Corporate Value in Connection with Toyota Industries Corporation
June 03 2025 18:54 JST
 
Toyota Group to Accelerate Collaboration Towards Transforming into a Mobility Company Through Privatization of Toyota Industries Corporation
June 03 2025 18:16 JST
 
Construction Begins on New Toyota Tokyo Head Office in Shinagawa, to Open in FY2030
May 27 2025 13:31 JST
 
Five Toyota Group Companies to Accelerate Skill Development and Innovation in AI and Software
May 23 2025 09:51 JST
 
New RAV4 Makes World Premiere in Japan
May 21 2025 13:09 JST
 
Premiere of New bZ Woodland BEV Focused on Driving Performance and Spaciousness in North America
May 16 2025 15:35 JST
 
TOYOTA GAZOO Racing fights back for double points finish
May 12 2025 14:45 JST
 
TOYOTA GAZOO Racing Set for Spa spectacle
May 02 2025 18:29 JST
 
More Press release >>

Latest Press Release


More Latest Release >>