Isuzu, Suzuki, Subaru, Daihatsu and Mazda join Monet, the Autonomous Vehicle alliance
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Isuzu, Suzuki, Subaru, Daihatsu and Mazda join Monet, the Autonomous Vehicle alliance

Isuzu, Suzuki, Subaru, Daihatsu and Mazda join Monet, the Autonomous Vehicle alliance

Isuzu Motors, Suzuki Motors, SUBARU, Daihatsu Industrial and Mazda have formed a strategic business alliance to promote Autonomous vehicle technology. The new venture is called Monet Technologies Co. Ltd.

At the same time, Hino Motors and Honda Motors will make an additional investment in MONET.

Junichi Miyagawa, President and CEO of MONET Technologies Co., Ltd., commented on the partnership: “This partnership will allow us to link data from Toyota, Hino, Honda, Isuzu, Suzuki, SUBARU, Daihatsu, Mazda’s vehicles and mobility services to the MONET platform. Toward an autonomous driving society Collaboration with a large amount of data is essential for the construction of a highly advanced MaaS platform, and this partnership will further accelerate the MaaS business that MONET aims to achieve. We will work with automakers to realize and disseminate innovative mobility services that enable us to solve social issues in Japan and create new value by making use of our knowledge and networks.”

Masanori Katayama, President and Representative Director of Isuzu Motors, said: “Isuzu has provided various products and services to support people’s living environment and social production activities. Societal problems and customer needs, including serious driver shortages” Isuzu intends to create new solutions through co-creation activities with customers and partners during a period of transformation that is said to be once in a hundred years, such as diversification, among which, to this MONET Participation is a very valuable opportunity, and we intend to contribute to the sustainable development of society through co-creation activities with a wide range of industries.”

Toshihiro Suzuki, President and Representative Director of Suzuki Motor Corporation, said: “Suzuki will solve the problems of regional public transportation such as improvement of convenience in the movement of local residents by participating in the activities of MONET, and aim to create innovative next-generation mobility services while promoting regional and industrial activities. In addition to Suzuki’s four-wheeled vehicles, motorcycles, marine products, and electric wheelchairs, we will contribute to the creation of new mobility value for MONET using a variety of transportation methods.”

Tomomi Nakamura, President and Representative Director of SUBARU Corporation, said: “SUBARU has its roots in aircraft manufacturers, and has long been making efforts to deliver pleasant cars that are safe for all riders. With the participation in MONET, SUBARU’s worthy of a new era In addition to pursuing security and pleasure, we hope to contribute to the solution of social issues on the move.”

Soichiro Okuhira, President and Representative Director of Daihatsu Industrial Co., Ltd., stated: “Daihatsu Kogyo has been providing ‘cars supporting life’ mainly on light vehicles under the ‘Light you up’ slogan. By participating in MONET,” Making a city that can continue to live and being energetic We will work closely together in each area to lead to town-building, and we will achieve ‘sustainable mobility services’ that are loved by consumers.”

Akira Marumoto, President and CEO of Mazda Motor Corporation, said: “Mazda will connect new people and society by sharing experiences and emotions gained through the fusion of cars and digital tools, and provide new car value that can be realized with peace of mind, safety and happiness, ‘the joy of life.’ Through co-creation with everyone who participates in MONET, we will pursue the possibility of mobility services that ‘energize people’s mind and body’ for solving social issues related to movement in cities and regions.”

Shareholder composition and investment ratio

  • Softbank Corporation – 35.2% / 10 billion yen
  • Toyota Motor Corporation – 34.8% / 995 million yen
  • Hino Motors Ltd – 10.0% / 285.6 million yen
  • Honda motor industry stock company – 10.0% / 285.6 million yen
  • Isuzu Motors Ltd – 2.0% / 57.10 million yen
  • Suzuki Motor Corporation – 2.0% / 57.10 million yen
  • SUBARU Corporation – 2.0% / 57.10 million yen
  • Daihatsu Industrial Co., Ltd – 2.0% / 57.10 million yen
  • Mazda Corporation Inc – 2.0% / 57.10 million yen

Post source : MONET Technologies. Inc

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Anthony has worked in the construction industry for many years and looks forward to bringing you news and stories on the highways industry from all over the world.

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