Toyota acquires tech company to boost self-driving ambitions

The subsidiary of carmaker Toyota, Woven Planet Holdings has bought Silicon Valley-based automotive operating system developer Renovo Motors to boost vehicle safety and self-driving development.

Renovo develops specialised software which Woven Planet says will add depth to its resources, especially its open vehicle development platform, by adding top-tier engineers who have deep expertise in building a complete software-defined vehicle infrastructure stack, providing a platform and software that are proven to work across multiple original equipment manufacturer (OEM) platforms, well-aligned with the goal of establishing a hardware-agnostic operating system and bringing a robust, established technology ecosystem of industry partners.

The company says that following on the heels of recent acquisitions, Renovo “complements Woven Planet’s strategy to bring together world-class talent and expertise in automated driving technology, next-generation mapping, and vehicle operating systems, ensuring that Woven Planet can power the future of mobility”.

(Picture – Renovo)

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