Toyota’s Woven Capital reset shows mobility investing is still strategic

Automakers are still using venture investing to understand where mobility is going next.

What happened

Toyota’s Woven Capital appointed a new CIO and COO as it continued looking for the future of mobility.

Why it matters

Corporate venture arms can help large automakers track autonomy, robotics, EV infrastructure, software, and new mobility models.

The bigger picture

Mobility is becoming more software-driven, but incumbents still control manufacturing, distribution, and industry relationships. Strategic investing helps bridge that gap.