Toyota Motor Corporation (“Toyota”) and Waymo reached a preliminary agreement to explore a collaboration focused on accelerating the development and deployment of autonomous driving technologies. Woven by Toyota will also join the potential collaboration as Toyota’s strategic enabler, contributing its strengths in advanced software and mobility innovation. This potential partnership is built on a shared vision of improving road safety and delivering increased mobility for all.Toyota and Waymo aim to combine their respective strengths to develop a new autonomous vehicle platform. In parallel, the companies will explore how to leverage Waymo's autonomous technology and Toyota's vehicle expertise to enhance next-generation personally owned vehicles (POVs). The scope of the collaboration will continue to evolve through ongoing discussions.Toyota has long advanced research and development in support of a zero-traffic-accident vision, guided by a three-pillar approach that integrates people, vehicles, and traffic infrastructure. Automated driving and advanced safety technologies play a central role, exemplified by the development and global deployment of Toyota Safety Sense (TSS) — a proprietary suite of advanced safety technologies. TSS reflects Toyota’s belief that technologies have the greatest impact when they are made widely accessible. Through this new collaboration, the companies aim to further accelerate the development and adoption of driver assistance and automated driving technologies for POVs, with a continued focus on safety and peace of mind.Waymo, the global leader in autonomous driving technology, now serves more than a quarter of a million trips each week across the San Francisco Bay Area, Los Angeles, Phoenix, and Austin. With tens of millions of miles traveled, the data shows that Waymo is making roads safer where it operates, including being involved in 81% fewer injury-causing crashes compared to a human benchmark. Waymo is building a generalizable dr