Toyota, SoftBank enter strategic partnership for mobility services

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Strategic Partnerships

Two companies to set up a JV to deliver safer and more comfortable mobility solutions

Toyota has entered a strategic partnership with SoftBank to collaborate on development of new mobility services, the Japanese automaker said in a press release today (4 October). The two companies agreed to establish a joint-venture (JV), to be called MONET Technology Corporation, before the end of this year, to deliver safer and more comfortable mobility to all.

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