Toyota Industries Corporation (TICO) will bundle its software development in autonomous vehicles (AVs), increase its global investments and establish T-Hive B.V. as a new center of excellence.
“The new portfolio will consist of existing solutions within TICO, ensuring that our loyal customers can benefit throughout their automation journey," says Yojiro Mizuno, TICO senior executive officer. "Our strong customer organizations support such developments while managing smooth project implementation on the customer side.”
“Due to the increasing demand for software development in all industries, securing personnel is also becoming a global challenge. Our new company, T-Hive, will create opportunities for us to work together across the Toyota Industries Group network," said Norio Wakabayashi, TICO executive officer. "This decision highlights TICO’s commitment to remaining a leading player in the AV business and its investments accordingly.”
From Toyota Industries Corporation:
- T-Hive will centrally coordinate all developments, leverage existing solutions for new market segments and accelerate innovations globally to support TICO’s customer-facing companies.
- The new company will operate from Ede, The Netherlands and be led by Léon Jansen, serving as T-Hive CEO and managing director.
