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Toyota’s China joint venture to use Huawei components for autonomous driving: report
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TechNode
Toyota has reached a deal with Huawei on the use of key components from the Chinese tech giant’s mobile data center (MDC) platform for enabling autonomous driving functions on its locally-made electric vehicles, people familiar with the matter have told Chinese media outlet Xinliu Car.
The partnership will be limited to the Chinese market only and will not involve global sales, with BYD Toyota Technology Co., Ltd (BTET), a 50-50 joint venture established betwen Toyota and BYD in mid-2020, owning the project, sources said on Tuesday.
Meanwhile, autonomous driving startup Momenta will reportedly provide software services for the project.
The company is a major supplier to BYD and raised $500 million in a Series C funding round from auto majors including Toyota announced in March 2021.
[Xinliu Car, Tencent News, in Chinese]Related
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