UK-based startup focused on self-driving technology Wayve has expanded its global presence with the opening of a new testing and development centre in Yokohama, Japan.
This move aims to expedite AI-driven driving software in partnership with automakers that are looking for flexible, performant and safe assisted and automated driving technologies.
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Incorporating training data from the intricate and diverse road conditions of Japan, Wayve aims to bolster the robustness of its foundational AI model, thereby improving its adaptability across various international markets.
The Yokohama facility will focus on testing and development within Tokyo and surrounding regions, fostering closer ties with Japanese original equipment manufacturers (OEMs) and hastening the product readiness.
Wayve co-founder and CEO Alex Kendall said: “Japan is a global leader in automotive innovation, defined by its legacy of trust and engineering excellence.
“By establishing our presence here, we’re embedding those principles into the development of our embodied AI. We’re here to collaborate with local partners to deliver advanced AI software that strengthens the global competitiveness of Japanese automakers and accelerates the rollout of safer and smarter mobility technology.”
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By GlobalDataWayve’s expansion into Japan comes on the heels of its announced collaboration with Nissan, alongside ongoing discussions with other major global automotive players. This move follows the company’s launch of on-road testing and development hub in Germany last month. Last year, it raised $1.05bn via Series C round led by SoftBank Group, with support from NVIDIA, Microsoft, and Uber.
Wayve is also undertaking testing of its technology in Germany, the UK, the US and Canada, reported Reuters.
SoftBank Global Advisers managing partner and SoftBank Group New Business Office head, and Wayve board member Kentaro Matsui said: “As a global automotive powerhouse, Japan is embracing the rise of intelligent, software-first vehicles.
“Wayve offers a compelling solution to this transition, with AI technology that is global, scalable, and highly adaptive. We believe Wayve’s presence in Japan will catalyse new partnerships and help ensure local automakers remain global leaders.”
