Toyota (TM, Financial) shares saw a 4.6% increase in pre-market trading in the U.S. The surge follows reports of potential collaborations in the smart driving sector. Honda is reportedly exploring a partnership with Huawei to integrate Huawei's intelligent driving technology into its "Ye" brand vehicles. This move highlights the growing interest in advanced driving solutions.
In addition, Toyota is rumored to be working with Huawei and Chinese autonomous driving technology company Momenta. Together, they aim to develop innovative smart driving solutions. These collaborations signify a strategic push by automotive giants to enhance their technological capabilities in the competitive smart driving market.
