Toyota plans to invest $6.4 billion a year in robots and deploy 400,000 machines
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
The world's largest automaker is betting on robots in its factories: mass automation of assembly is getting closer.
According to the Financial Times (relayed by The Decoder), Toyota intends to become a global robotics company: annual investment will be $6.4 billion, and the plan will deploy 400,000 robots, humanoid and industrial. In July Toyota's robotics spinoff Walden Robotics went public at a $1.1 billion valuation and raised $300 million. Goldman Sachs analysts think Toyota could take 3-8% of the humanoid market by 2035. A Toyota executive says robots will appear first in the company's own factories, where the environment is easier to control; investors are more cautious, pointing to earlier expectations around hydrogen cars and solid-state batteries.
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