The company plans to test everyday living with robotics, artificial intelligence and autonomous, zero-emissions transportation in its $10 billion Woven City.
Hino, a Toyota Motor unit, reached a basic agreement in May 2023 to merge with Mitsubishi Fuso. But the deal was postponed indefinitely as Hino faced a protracted scandal over falsified engine data.
Despite unease in major markets and a dip in quarterly profit, Toyota raised its annual profit guidance for the fiscal year ending in March.
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