Jul. 28, 2020
Woven Planet Holdings group
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- New Organization Structure
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Jul. 28, 2020
Toyota Research Institute - Advanced Development, Inc. (TRI-AD) announces it will expand and improve its operations by forming Woven Planet Holdings and two new operating companies, Woven Core and Woven Alpha
Toyota Research Institute - Advanced Development, Inc. ("TRI-AD") announced today that, effective January 2021, it will expand and improve its operations into a holding company and two operating companies. The holding company will be Woven Planet Holdings, Inc. ("Woven Planet Holdings"), and the two operating companies under it will be Woven Core, Inc. ("Woven Core"), which will develop, implement and scale automated driving technologies at its core, and Woven Alpha, Inc. ("Woven Alpha"), which will explore new business opportunities and incubate innovative projects that go beyond today's Toyota Motor Corporation ("Toyota"), such as Woven City, Arene, and Automated Mapping Platform ("AMP").