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Toyota's Woven City, a 175-acre prototype city near Mount Fuji, is officially open for startups and innovation. Chairman Akio Toyoda announced at CES 2025 that the city aims to create a living laboratory for new technologies and is inviting inventors to join the initiative.
Woven City will launch a pitch competition and offer scholarships to support startups and individuals in developing their ideas. The city will feature projects like autonomous vehicles, electric air taxis, and even rockets, highlighting Toyota's commitment to investing in diverse technologies.
The first phase of Woven City, which began in 2021, includes facilities designed for collaboration among employees, scientists, and entrepreneurs. Toyoda emphasized that while the project may not be immediately profitable, it reflects Toyota's responsibility to invest in the future and support innovation.
