NAGOYA -- Toyota Motor President Akio Toyoda has invested 5 billion yen ($45.3 million) of his own money into a group unit building a smart city dominated by self-driving vehicles.
Akio Toyoda plots automaker's next 'model change' into cutting-edge tech player
Toyota Motor President Akio Toyoda announces plans for the company's "Woven City," to be located at the base of Mount Fuji, at the 2020 CES. © Reuters
NAGOYA -- Toyota Motor President Akio Toyoda has invested 5 billion yen ($45.3 million) of his own money into a group unit building a smart city dominated by self-driving vehicles.