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News > Global environmental current affairs > Toyota Europe launches open lab to drive innovation in five areas, including carbon neutrality

Toyota Europe launches open lab to drive innovation in five areas, including carbon neutrality

2023-08-29

Toyota Motor Europe launched Toyota Open Labs on August 29, 2023, integrating new ventures into the Toyota ecosystem, driving innovative development, and strengthening Toyota's expertise and capabilities in energy, circular economy, carbon neutrality, smart communities, and universal mobility, thereby driving Toyota's transformation.

Toyota Open Lab will solicit proposals from startups on the following five themes: energy (including hydrogen economy, energy management, smart charging, etc.), circular economy (vehicle and battery recycling technology and systems), carbon neutrality (carbon reduction technology, transparent and data-based product life cycle assessment solutions, etc.), smart community (vehicle sharing, vehicle subscription services, transportation hubs, etc.), and universal mobility (overcoming mobility barriers in an aging society, mobility solutions that conform to the concept of fairness, etc.).

The selected startups will receive guidance from mentors and advisors to refine their products, explore investment opportunities, and optimize their operational strategies. In addition to collaborating with Toyota on proof-of-concept projects and entering the market through Toyota, these startups will also be invited to showcase their technology at a showcase event at the 2024 Paris Paralympics.

Source: Toyota European News Center

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