Toyota spends $6.4B a year on robotics and Walden spinoff

Toyota is expanding its robotics push with the Walden spinoff and a $6.4B annual plan to deploy 400K factory robots. The company is drawing on 20 years of research to commercialize intelligent robots and compete with Tesla and China.

• Toyota's annual robotics budget is $6.4B
• The plan targets 400K factory robots
• Walden spinoff will commercialize intelligent robots
• Toyota competes with Tesla and Chinese developers