SmartCityX

Toyota Research Institute - Advanced Development, Inc. ("TRI-AD") announced today that it will actively participate in SmartCityX, a global open innovation program led by Scrum Ventures LLC ("Scrum Ventures"). This program aims to create high-value services and applications from the perspective of consumers to not only help resolve social issues, but also achieve more affluent and fulfilling lives and well-being. Through participating in this program, TRI-AD aims to realize new value as soon as possible by strengthening its ability to incubate new businesses and explore partners beyond today's existing domains.