Panasonic and Toyota have concluded contracts aimed toward the establishment of a new joint venture related to the town development business.
Both companies aim to fuse the mobility services initiatives promoted by Toyota and the “lifestyle updates” initiatives spearheaded by Panasonic.
A rapid change is expected in this business due to the accelerated deployment of IoT technologies in home appliances, household equipment, etc., as well as the evolution in mobility, such as CASE (Connected, Autonomous, Shared and Electric) and MaaS (Mobility as a Service), a new concept of providing services by connecting cars, public transportation and other means of transportation through IT.
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