Toyota Makes Its Move In Autonomous Vehicles

Silicon Valley self-driving start-up Aurora Innovation said that it has agreed to a long-term partnership with Toyota (NYSE: TM) and Toyota supplier Denso (OTC: DNZOY) in which the partners will mass-produce autonomous vehicles for ride-hailing networks.

Aurora's autonomous-vehicle system, called the Aurora Driver, will initially be installed in Toyota Sienna minivans. The partners aim to have a fleet of self-driving Siennas completed for testing before the end of 2021, for deployment in ride-hailing service "over the next few years," Aurora said.

Aurora will work with Toyota and its key supplier, Denso, to create self-driving versions of the Toyota Sienna minivan for ride-hailing service. Image source: Aurora Innovation.

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Source Fool.com