Toyota will establish a new company in Tokyo in the latter part of this month named "Toyota Research Institute-Advanced Development" (TRI-AD) that will accelerate its efforts in advanced development for automated driving. To enable the new efforts at TRI-AD, Toyota Motor Corporation (TMC), Aisin Seiki Co., Ltd. (Aisin), and Denso Corporation (Denso) have concluded a memorandum of understanding on joint development of fully-integrated, production-quality software for automated driving. Going forward, the three companies will hold further discussions, aiming to conclude a concrete joint development contract.

Dr. James Kuffner, currently TRI Chief Technology Officer, will lead TRI-AD as its CEO.