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Toyota Industries Corporation (TICO) has announced they will bundle their software development in autonomous vehicles (AVs), increase its global investments, and establish a new company called T-Hive B.V., which will be headquartered in The Netherlands.  By combining the software products, partnerships, and innovations from TICO’s main companies Toyota L&F, Toyota Material Handling, Toyota Material Handling Europe, Raymond, Bastian and Vanderlande, and other respective brands the organization will strengthen and expand TICO’s main brands solution portfolio. “The new portfolio will consist of existing solutions within TICO, ensuring that our loyal customers can benefit throughout their automation journey, said Yojiro Mizuno, TICO senior executive officer, who is responsible for TICO’s material handling solutions business. Our strong customer organizations support such developments while managing smooth project implementation on the customer side.”

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