Toyota has announced the launch of Toyota Open Labs, an open innovation platform aimed at revolutionizing the mobility industry through collaboration with startups. The platform will facilitate the scaling of innovation and drive Toyota’s transformation into a mobility company. With a focus on energy, circular economy, carbon-neutral technologies, smart communities, and mobility for all initiatives, Toyota Open Labs will bring together various business units across the Toyota ecosystem.
Through Toyota Open Labs, startups working in five key categories will have the opportunity to engage with a diverse network of advisors and mentors. This collaboration will enable them to enhance their business strategy, explore investment opportunities, and make informed product enhancements. In addition, startups will have the chance to develop a Proof of Concept with Toyota, explore routes to market, and partner with the Toyota ecosystem.
Toyota Open Labs has forged partnerships with key entities such as Toyota Tsusho Europe, KINTO Europe, Woven Capital, and the Toyota Mobility Foundation. These partnerships will provide startups with access to a wide range of resources and expertise. By leveraging these partnerships, startups will be able to open new avenues for growth and build relationships to make a global impact.
An exciting aspect of Toyota Open Labs is the opportunity for selected participants to showcase their technology at a Demo Day during the Paris 2024 Paralympic Games. This platform will allow startups to gain extensive visibility and reach a global audience to showcase their innovations.
Toyota’s open call for startups marks an important step in its commitment to transforming the mobility landscape. By leveraging the expertise and insights of startups, Toyota aims to drive technological advancements and solutions that will shape the future of mobility. Through this collaboration, Toyota is set to lead the market into the next phase of mobility and bring about a revolution in the industry.
The launch of Toyota Open Labs signifies Toyota’s determination to deepen its expertise across various domains and accelerate the development of cutting-edge technologies. As the world moves towards a sustainable and connected future, Toyota’s commitment to energy, circular economy, carbon-neutral technologies, smart communities, and mobility for all initiatives will play a crucial role in driving innovation and shaping the mobility landscape for years to come.
