🍀Toyota to Invest in ALBERT

🍀Toyota to Invest in ALBERT

Toyota Motor Corporation (Toyota) and ALBERT Inc. (ALBERT) announce today that both companies have agreed on a business alliance for big data analysis, mainly in the field of advanced development of automated driving technology, and that Toyota will invest in ALBERT.

Toyota’s investment in ALBERT is expected to be in the amount of 400 million yen, and Toyota is to acquire new shares in ALBERT issued through a third-party allocation of shares dated May 30, 2018.

CORPORATE | TOYOTA Global Newsroom

https://newsroom.toyota.co.jp/en/corporate/22514394.html