Toyota says it wants to turn about 20 years of robot research into products, putting it in a race with Tesla and Chinese companies.
Toyota is joining the race to build humanoid robots, which are machines shaped like people that are meant to work alongside them. The Japanese group says it has researched intelligent robots for about 20 years. Now it wants to turn that work into products it can sell.
Until now, Toyota's robot work has been research. The shift is the goal of selling products. That moves the company from the lab toward the market, where it will compete with others who have the same idea.
Tesla and Chinese companies are also racing to build humanoid robots. Toyota is not starting from zero, since it can lean on two decades of study. The material does not say how its work compares with its rivals.
The details are thin. The material does not say what Toyota's robots will look like, what they will do, what they will cost or when they will go on sale. It also does not say whether they will first appear in factories, offices or somewhere else.
Robots that work next to people may reach factories and workplaces sooner if big companies compete to sell them. Business owners do not need to act today. A sensible step is to watch how quickly prices fall and what jobs these machines can handle.
Toyota, Tesla and Chinese firms are racing to sell humanoid robots, so watch how fast their prices and uses develop.
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