12,235.25-117.1
Stock Analysis, IPO, Mutual Funds, Bonds & More

Toyota plans to build prototype 'city of the future' at base of Mt. Fuji

The city will be powered by hydrogen fuel cells and function as a laboratory for autonomous cars, smart homes and AI.

Reuters|
Jan 07, 2020, 05.04 PM IST
0Comments
Plaza_festival-scaled
The 'Woven City' will have police, fire and ambulance services, schools and could be home to a mix of Toyota employees, retirees and others. (Image: pressroom.toyota.com)
LAS VEGAS: Toyota Motor Corp said on Monday it planned to build a prototype "city of the future" at the base of Japan's Mt. Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, "smart homes," artificial intelligence and other technologies.

Toyota unveiled the audacious plan for what it will call "Woven City", in a reference to its origins as a loom manufacturer, at the big annual technology industry show, CES.

"It's hard to learn something about a smart city if you are only building a smart block," James Kuffner, chief executive officer for the Toyota Research Institute-Advanced Development, told Reuters.

The "Woven City" idea, under discussion for a year, is aimed at creating safer, cleaner, more fun cities and learning lessons that could be applied around the world, he added.


It will have police, fire and ambulance services, schools and could be home to a mix of Toyota employees, retirees and others, Kuffner said.

The development, to be built on the site of a car factory that is planned to be closed by the end of 2020, will begin with 2,000 residents in coming years, and also serve as a home to researchers.

Toyota did not disclose costs for the project, whose construction is scheduled to start next year, and which seeks to re-imagine a city, but executives said it had been extensively vetted and had a budget.

The plan for a futuristic community on 175 acres (71 hectares) is a big step beyond proposals from Toyota's rivals.

Executives at many major automakers have talked about how cities of the future could be designed to cut climate-changing emissions, reduce congestion and apply internet technology to everyday life.
The development, to be built on the site of a car factory that is planned to be closed by the end of 2020, will begin with 2,000 residents in coming years, and also serve as a home to researchers.

The development, to be built on the site of a car factory that is planned to be closed by the end of 2020, will begin with 2,000 residents in coming years, and also serve as a home to researchers. (Image: pressroom.toyota.com)



The company's proposal showcases not only the ambition of Chief Executive Akio Toyoda, but also the financial and political resources Toyota can bring to bear, especially in its home country.

"You know if you build it, they will come," said Toyoda, who called the project "my personal 'field of dreams.'"

Toyota Housing, a company unit, has sold more than 100,000 homes in Japan in 37 years.

Toyota said it had commissioned Danish architect Bjarke Ingels to design the community. Ingels' firm designed the 2 World Trade Center building in New York and technology giant Google's offices in Silicon Valley and London.

Toyota said it is open to partnerships with other companies seeking to use the project as a testing ground for technology.

Still Toyoda acknowledged not all may see the wisdom of what could be an expensive and lengthy project.

"You may be thinking, 'Has this guy lost his mind?'" Toyoda asked an audience in Las Vegas, to laughter. "'Is he like a Japanese version of Willy Wonka?' Perhaps."

With Flying Taxis And Rolling Robots, CES 2020 Starts On A High Note

of 10
Next
Prev
Play Slideshow

Redefining Tech At CES

7 Jan, 2020
If the Apple event is the curtain call that marks the end of the year in tech, it is the CES (Consumer Electronics Show) that kickstarts the year in technology. For the unversed, the CES is an annual trade show which is organized by Consumer Technology Association (CTA) in Las Vegas, Nevada.At CES, the who’s who from the world of technology come together and present breakthrough technologies for the next 50 years. Every year, innovators come up with pathbreaking technologies at CES and this year was no exception.From flying taxis, toilet paper robots to 8K TVs and 5G laptops, technologies introduced at the four-day trade show that began on January 7, ended up grabbing a lot of eyeballs.Here are some of the most interesting announcements from CES 2020.
Next

Also Read

Green vacations: Head to Iceland, Nevada, Mt. Fuji for an eco-friendly getaway

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Popular Categories


Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service